The SEC has approved One Asset Management (ONEAM) to launch Thailand's first spot Bitcoin ETF, restricted to wealthy and institutional investors. The ONE Bitcoin ETF Fund of Funds Unhedged (ONE-BTCETFOF-UI) was made available from May 31 to June 6. The fund has a policy to invest in 11 global funds to ensure liquidity and safety. This move aligns with international trends, following recent approvals by US and Hong Kong regulators. ONEAM CEO Pote Harinasuta highlighted Bitcoin's potential for high returns and portfolio diversification. The fund offers a Sharpe ratio of 0.71, emphasizing secure coin storage through institutional custodians.

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