\n

The new rules would limit retail mutual funds to a 15% allocation in crypto investments. Funds for institutional and high-net-worth investors would have no cap but must diversify to manage risks. Fund managers will need to follow strict guidelines when temporarily holding digital assets like Bitcoin or Ethereum. These assets can only be held for five business days for trading purposes.<\/p>\n\n\n\n

The SEC will accept public feedback on the proposal until November 8. Final rules are expected to be issued next year.<\/p>\n","post_title":"Thai SEC Seeks Public Feedback On New Digital Asset Investment Rules","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thai-sec-seeks-public-feedback-on-new-digital-asset-investment-rules","to_ping":"","pinged":"","post_modified":"2024-10-12 03:20:13","post_modified_gmt":"2024-10-11 16:20:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19137","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The proposal follows the rising global demand for Bitcoin and Ethereum ETFs, which launched in the U.S. this year. The SEC noted that while Thai investors could access these ETFs abroad, local rules have lagged. The current framework for mutual funds, introduced in 2015, needs to be updated.<\/p>\n\n\n\n

The new rules would limit retail mutual funds to a 15% allocation in crypto investments. Funds for institutional and high-net-worth investors would have no cap but must diversify to manage risks. Fund managers will need to follow strict guidelines when temporarily holding digital assets like Bitcoin or Ethereum. These assets can only be held for five business days for trading purposes.<\/p>\n\n\n\n

The SEC will accept public feedback on the proposal until November 8. Final rules are expected to be issued next year.<\/p>\n","post_title":"Thai SEC Seeks Public Feedback On New Digital Asset Investment Rules","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thai-sec-seeks-public-feedback-on-new-digital-asset-investment-rules","to_ping":"","pinged":"","post_modified":"2024-10-12 03:20:13","post_modified_gmt":"2024-10-11 16:20:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19137","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Growing Demand For Bitcoin ETFs<\/h2>\n\n\n\n

The proposal follows the rising global demand for Bitcoin and Ethereum ETFs, which launched in the U.S. this year. The SEC noted that while Thai investors could access these ETFs abroad, local rules have lagged. The current framework for mutual funds, introduced in 2015, needs to be updated.<\/p>\n\n\n\n

The new rules would limit retail mutual funds to a 15% allocation in crypto investments. Funds for institutional and high-net-worth investors would have no cap but must diversify to manage risks. Fund managers will need to follow strict guidelines when temporarily holding digital assets like Bitcoin or Ethereum. These assets can only be held for five business days for trading purposes.<\/p>\n\n\n\n

The SEC will accept public feedback on the proposal until November 8. Final rules are expected to be issued next year.<\/p>\n","post_title":"Thai SEC Seeks Public Feedback On New Digital Asset Investment Rules","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thai-sec-seeks-public-feedback-on-new-digital-asset-investment-rules","to_ping":"","pinged":"","post_modified":"2024-10-12 03:20:13","post_modified_gmt":"2024-10-11 16:20:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19137","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

See Related:<\/em><\/strong> Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility<\/a><\/p>\n\n\n\n

Growing Demand For Bitcoin ETFs<\/h2>\n\n\n\n

The proposal follows the rising global demand for Bitcoin and Ethereum ETFs, which launched in the U.S. this year. The SEC noted that while Thai investors could access these ETFs abroad, local rules have lagged. The current framework for mutual funds, introduced in 2015, needs to be updated.<\/p>\n\n\n\n

The new rules would limit retail mutual funds to a 15% allocation in crypto investments. Funds for institutional and high-net-worth investors would have no cap but must diversify to manage risks. Fund managers will need to follow strict guidelines when temporarily holding digital assets like Bitcoin or Ethereum. These assets can only be held for five business days for trading purposes.<\/p>\n\n\n\n

The SEC will accept public feedback on the proposal until November 8. Final rules are expected to be issued next year.<\/p>\n","post_title":"Thai SEC Seeks Public Feedback On New Digital Asset Investment Rules","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thai-sec-seeks-public-feedback-on-new-digital-asset-investment-rules","to_ping":"","pinged":"","post_modified":"2024-10-12 03:20:13","post_modified_gmt":"2024-10-11 16:20:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19137","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The SEC plans to let securities firms and asset managers offer services to large investors. This includes allowing investors to diversify their portfolios into crypto products like exchange-traded funds (ETFs). The changes aim to align with international developments and offer more options for expert-managed investments.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility<\/a><\/p>\n\n\n\n

Growing Demand For Bitcoin ETFs<\/h2>\n\n\n\n

The proposal follows the rising global demand for Bitcoin and Ethereum ETFs, which launched in the U.S. this year. The SEC noted that while Thai investors could access these ETFs abroad, local rules have lagged. The current framework for mutual funds, introduced in 2015, needs to be updated.<\/p>\n\n\n\n

The new rules would limit retail mutual funds to a 15% allocation in crypto investments. Funds for institutional and high-net-worth investors would have no cap but must diversify to manage risks. Fund managers will need to follow strict guidelines when temporarily holding digital assets like Bitcoin or Ethereum. These assets can only be held for five business days for trading purposes.<\/p>\n\n\n\n

The SEC will accept public feedback on the proposal until November 8. Final rules are expected to be issued next year.<\/p>\n","post_title":"Thai SEC Seeks Public Feedback On New Digital Asset Investment Rules","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thai-sec-seeks-public-feedback-on-new-digital-asset-investment-rules","to_ping":"","pinged":"","post_modified":"2024-10-12 03:20:13","post_modified_gmt":"2024-10-11 16:20:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19137","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

A draft proposal was published, seeking public feedback on the updated investment criteria for digital assets.<\/p>\n\n\n\n

The SEC plans to let securities firms and asset managers offer services to large investors. This includes allowing investors to diversify their portfolios into crypto products like exchange-traded funds (ETFs). The changes aim to align with international developments and offer more options for expert-managed investments.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility<\/a><\/p>\n\n\n\n

Growing Demand For Bitcoin ETFs<\/h2>\n\n\n\n

The proposal follows the rising global demand for Bitcoin and Ethereum ETFs, which launched in the U.S. this year. The SEC noted that while Thai investors could access these ETFs abroad, local rules have lagged. The current framework for mutual funds, introduced in 2015, needs to be updated.<\/p>\n\n\n\n

The new rules would limit retail mutual funds to a 15% allocation in crypto investments. Funds for institutional and high-net-worth investors would have no cap but must diversify to manage risks. Fund managers will need to follow strict guidelines when temporarily holding digital assets like Bitcoin or Ethereum. These assets can only be held for five business days for trading purposes.<\/p>\n\n\n\n

The SEC will accept public feedback on the proposal until November 8. Final rules are expected to be issued next year.<\/p>\n","post_title":"Thai SEC Seeks Public Feedback On New Digital Asset Investment Rules","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thai-sec-seeks-public-feedback-on-new-digital-asset-investment-rules","to_ping":"","pinged":"","post_modified":"2024-10-12 03:20:13","post_modified_gmt":"2024-10-11 16:20:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19137","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The Thai Securities and Exchange Commission (SEC) has proposed <\/a>new rules allowing mutual and private funds to invest in digital assets. The goal is to match global trends and meet growing interest from institutional investors.<\/p>\n\n\n\n

A draft proposal was published, seeking public feedback on the updated investment criteria for digital assets.<\/p>\n\n\n\n

The SEC plans to let securities firms and asset managers offer services to large investors. This includes allowing investors to diversify their portfolios into crypto products like exchange-traded funds (ETFs). The changes aim to align with international developments and offer more options for expert-managed investments.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility<\/a><\/p>\n\n\n\n

Growing Demand For Bitcoin ETFs<\/h2>\n\n\n\n

The proposal follows the rising global demand for Bitcoin and Ethereum ETFs, which launched in the U.S. this year. The SEC noted that while Thai investors could access these ETFs abroad, local rules have lagged. The current framework for mutual funds, introduced in 2015, needs to be updated.<\/p>\n\n\n\n

The new rules would limit retail mutual funds to a 15% allocation in crypto investments. Funds for institutional and high-net-worth investors would have no cap but must diversify to manage risks. Fund managers will need to follow strict guidelines when temporarily holding digital assets like Bitcoin or Ethereum. These assets can only be held for five business days for trading purposes.<\/p>\n\n\n\n

The SEC will accept public feedback on the proposal until November 8. Final rules are expected to be issued next year.<\/p>\n","post_title":"Thai SEC Seeks Public Feedback On New Digital Asset Investment Rules","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thai-sec-seeks-public-feedback-on-new-digital-asset-investment-rules","to_ping":"","pinged":"","post_modified":"2024-10-12 03:20:13","post_modified_gmt":"2024-10-11 16:20:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19137","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

<\/p>\n","post_title":"Charles Schwab Survey Says Nearly Half Of Investors Plan To Dive Into Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"charles-schwab-survey-says-nearly-half-of-investors-plan-to-dive-into-crypto-etfs","to_ping":"","pinged":"","post_modified":"2024-10-13 15:49:26","post_modified_gmt":"2024-10-13 04:49:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19146","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19137,"post_author":"15","post_date":"2024-10-12 03:19:59","post_date_gmt":"2024-10-11 16:19:59","post_content":"\n

The Thai Securities and Exchange Commission (SEC) has proposed <\/a>new rules allowing mutual and private funds to invest in digital assets. The goal is to match global trends and meet growing interest from institutional investors.<\/p>\n\n\n\n

A draft proposal was published, seeking public feedback on the updated investment criteria for digital assets.<\/p>\n\n\n\n

The SEC plans to let securities firms and asset managers offer services to large investors. This includes allowing investors to diversify their portfolios into crypto products like exchange-traded funds (ETFs). The changes aim to align with international developments and offer more options for expert-managed investments.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility<\/a><\/p>\n\n\n\n

Growing Demand For Bitcoin ETFs<\/h2>\n\n\n\n

The proposal follows the rising global demand for Bitcoin and Ethereum ETFs, which launched in the U.S. this year. The SEC noted that while Thai investors could access these ETFs abroad, local rules have lagged. The current framework for mutual funds, introduced in 2015, needs to be updated.<\/p>\n\n\n\n

The new rules would limit retail mutual funds to a 15% allocation in crypto investments. Funds for institutional and high-net-worth investors would have no cap but must diversify to manage risks. Fund managers will need to follow strict guidelines when temporarily holding digital assets like Bitcoin or Ethereum. These assets can only be held for five business days for trading purposes.<\/p>\n\n\n\n

The SEC will accept public feedback on the proposal until November 8. Final rules are expected to be issued next year.<\/p>\n","post_title":"Thai SEC Seeks Public Feedback On New Digital Asset Investment Rules","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thai-sec-seeks-public-feedback-on-new-digital-asset-investment-rules","to_ping":"","pinged":"","post_modified":"2024-10-12 03:20:13","post_modified_gmt":"2024-10-11 16:20:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19137","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

This influx has been largely driven by institutional investors, with many major players buying shares in these ETFs. In the Q3 report, the number of institutions engaged in Bitcoin ETFs rose significantly<\/a>, reflecting growing confidence in the asset. Companies like MicroStrategy, Semler Scientific and Metaplanet have also embraced Bitcoin, incorporating it into their long-term investment strategies.<\/p>\n\n\n\n

<\/p>\n","post_title":"Charles Schwab Survey Says Nearly Half Of Investors Plan To Dive Into Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"charles-schwab-survey-says-nearly-half-of-investors-plan-to-dive-into-crypto-etfs","to_ping":"","pinged":"","post_modified":"2024-10-13 15:49:26","post_modified_gmt":"2024-10-13 04:49:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19146","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19137,"post_author":"15","post_date":"2024-10-12 03:19:59","post_date_gmt":"2024-10-11 16:19:59","post_content":"\n

The Thai Securities and Exchange Commission (SEC) has proposed <\/a>new rules allowing mutual and private funds to invest in digital assets. The goal is to match global trends and meet growing interest from institutional investors.<\/p>\n\n\n\n

A draft proposal was published, seeking public feedback on the updated investment criteria for digital assets.<\/p>\n\n\n\n

The SEC plans to let securities firms and asset managers offer services to large investors. This includes allowing investors to diversify their portfolios into crypto products like exchange-traded funds (ETFs). The changes aim to align with international developments and offer more options for expert-managed investments.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility<\/a><\/p>\n\n\n\n

Growing Demand For Bitcoin ETFs<\/h2>\n\n\n\n

The proposal follows the rising global demand for Bitcoin and Ethereum ETFs, which launched in the U.S. this year. The SEC noted that while Thai investors could access these ETFs abroad, local rules have lagged. The current framework for mutual funds, introduced in 2015, needs to be updated.<\/p>\n\n\n\n

The new rules would limit retail mutual funds to a 15% allocation in crypto investments. Funds for institutional and high-net-worth investors would have no cap but must diversify to manage risks. Fund managers will need to follow strict guidelines when temporarily holding digital assets like Bitcoin or Ethereum. These assets can only be held for five business days for trading purposes.<\/p>\n\n\n\n

The SEC will accept public feedback on the proposal until November 8. Final rules are expected to be issued next year.<\/p>\n","post_title":"Thai SEC Seeks Public Feedback On New Digital Asset Investment Rules","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thai-sec-seeks-public-feedback-on-new-digital-asset-investment-rules","to_ping":"","pinged":"","post_modified":"2024-10-12 03:20:13","post_modified_gmt":"2024-10-11 16:20:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19137","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\"\"<\/figure>\n\n\n\n

This influx has been largely driven by institutional investors, with many major players buying shares in these ETFs. In the Q3 report, the number of institutions engaged in Bitcoin ETFs rose significantly<\/a>, reflecting growing confidence in the asset. Companies like MicroStrategy, Semler Scientific and Metaplanet have also embraced Bitcoin, incorporating it into their long-term investment strategies.<\/p>\n\n\n\n

<\/p>\n","post_title":"Charles Schwab Survey Says Nearly Half Of Investors Plan To Dive Into Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"charles-schwab-survey-says-nearly-half-of-investors-plan-to-dive-into-crypto-etfs","to_ping":"","pinged":"","post_modified":"2024-10-13 15:49:26","post_modified_gmt":"2024-10-13 04:49:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19146","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19137,"post_author":"15","post_date":"2024-10-12 03:19:59","post_date_gmt":"2024-10-11 16:19:59","post_content":"\n

The Thai Securities and Exchange Commission (SEC) has proposed <\/a>new rules allowing mutual and private funds to invest in digital assets. The goal is to match global trends and meet growing interest from institutional investors.<\/p>\n\n\n\n

A draft proposal was published, seeking public feedback on the updated investment criteria for digital assets.<\/p>\n\n\n\n

The SEC plans to let securities firms and asset managers offer services to large investors. This includes allowing investors to diversify their portfolios into crypto products like exchange-traded funds (ETFs). The changes aim to align with international developments and offer more options for expert-managed investments.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility<\/a><\/p>\n\n\n\n

Growing Demand For Bitcoin ETFs<\/h2>\n\n\n\n

The proposal follows the rising global demand for Bitcoin and Ethereum ETFs, which launched in the U.S. this year. The SEC noted that while Thai investors could access these ETFs abroad, local rules have lagged. The current framework for mutual funds, introduced in 2015, needs to be updated.<\/p>\n\n\n\n

The new rules would limit retail mutual funds to a 15% allocation in crypto investments. Funds for institutional and high-net-worth investors would have no cap but must diversify to manage risks. Fund managers will need to follow strict guidelines when temporarily holding digital assets like Bitcoin or Ethereum. These assets can only be held for five business days for trading purposes.<\/p>\n\n\n\n

The SEC will accept public feedback on the proposal until November 8. Final rules are expected to be issued next year.<\/p>\n","post_title":"Thai SEC Seeks Public Feedback On New Digital Asset Investment Rules","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thai-sec-seeks-public-feedback-on-new-digital-asset-investment-rules","to_ping":"","pinged":"","post_modified":"2024-10-12 03:20:13","post_modified_gmt":"2024-10-11 16:20:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19137","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

ETFs are widely used investment tools that allow investors to purchase shares linked to assets like gold and Bitcoin. The U.S. approved Bitcoin spot ETFs in January now hold 951,900 Bitcoin, representing 4.82% of the total Bitcoin supply.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

This influx has been largely driven by institutional investors, with many major players buying shares in these ETFs. In the Q3 report, the number of institutions engaged in Bitcoin ETFs rose significantly<\/a>, reflecting growing confidence in the asset. Companies like MicroStrategy, Semler Scientific and Metaplanet have also embraced Bitcoin, incorporating it into their long-term investment strategies.<\/p>\n\n\n\n

<\/p>\n","post_title":"Charles Schwab Survey Says Nearly Half Of Investors Plan To Dive Into Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"charles-schwab-survey-says-nearly-half-of-investors-plan-to-dive-into-crypto-etfs","to_ping":"","pinged":"","post_modified":"2024-10-13 15:49:26","post_modified_gmt":"2024-10-13 04:49:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19146","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19137,"post_author":"15","post_date":"2024-10-12 03:19:59","post_date_gmt":"2024-10-11 16:19:59","post_content":"\n

The Thai Securities and Exchange Commission (SEC) has proposed <\/a>new rules allowing mutual and private funds to invest in digital assets. The goal is to match global trends and meet growing interest from institutional investors.<\/p>\n\n\n\n

A draft proposal was published, seeking public feedback on the updated investment criteria for digital assets.<\/p>\n\n\n\n

The SEC plans to let securities firms and asset managers offer services to large investors. This includes allowing investors to diversify their portfolios into crypto products like exchange-traded funds (ETFs). The changes aim to align with international developments and offer more options for expert-managed investments.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility<\/a><\/p>\n\n\n\n

Growing Demand For Bitcoin ETFs<\/h2>\n\n\n\n

The proposal follows the rising global demand for Bitcoin and Ethereum ETFs, which launched in the U.S. this year. The SEC noted that while Thai investors could access these ETFs abroad, local rules have lagged. The current framework for mutual funds, introduced in 2015, needs to be updated.<\/p>\n\n\n\n

The new rules would limit retail mutual funds to a 15% allocation in crypto investments. Funds for institutional and high-net-worth investors would have no cap but must diversify to manage risks. Fund managers will need to follow strict guidelines when temporarily holding digital assets like Bitcoin or Ethereum. These assets can only be held for five business days for trading purposes.<\/p>\n\n\n\n

The SEC will accept public feedback on the proposal until November 8. Final rules are expected to be issued next year.<\/p>\n","post_title":"Thai SEC Seeks Public Feedback On New Digital Asset Investment Rules","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thai-sec-seeks-public-feedback-on-new-digital-asset-investment-rules","to_ping":"","pinged":"","post_modified":"2024-10-12 03:20:13","post_modified_gmt":"2024-10-11 16:20:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19137","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The Bitcoin ETF Era<\/h2>\n\n\n\n

ETFs are widely used investment tools that allow investors to purchase shares linked to assets like gold and Bitcoin. The U.S. approved Bitcoin spot ETFs in January now hold 951,900 Bitcoin, representing 4.82% of the total Bitcoin supply.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

This influx has been largely driven by institutional investors, with many major players buying shares in these ETFs. In the Q3 report, the number of institutions engaged in Bitcoin ETFs rose significantly<\/a>, reflecting growing confidence in the asset. Companies like MicroStrategy, Semler Scientific and Metaplanet have also embraced Bitcoin, incorporating it into their long-term investment strategies.<\/p>\n\n\n\n

<\/p>\n","post_title":"Charles Schwab Survey Says Nearly Half Of Investors Plan To Dive Into Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"charles-schwab-survey-says-nearly-half-of-investors-plan-to-dive-into-crypto-etfs","to_ping":"","pinged":"","post_modified":"2024-10-13 15:49:26","post_modified_gmt":"2024-10-13 04:49:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19146","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19137,"post_author":"15","post_date":"2024-10-12 03:19:59","post_date_gmt":"2024-10-11 16:19:59","post_content":"\n

The Thai Securities and Exchange Commission (SEC) has proposed <\/a>new rules allowing mutual and private funds to invest in digital assets. The goal is to match global trends and meet growing interest from institutional investors.<\/p>\n\n\n\n

A draft proposal was published, seeking public feedback on the updated investment criteria for digital assets.<\/p>\n\n\n\n

The SEC plans to let securities firms and asset managers offer services to large investors. This includes allowing investors to diversify their portfolios into crypto products like exchange-traded funds (ETFs). The changes aim to align with international developments and offer more options for expert-managed investments.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility<\/a><\/p>\n\n\n\n

Growing Demand For Bitcoin ETFs<\/h2>\n\n\n\n

The proposal follows the rising global demand for Bitcoin and Ethereum ETFs, which launched in the U.S. this year. The SEC noted that while Thai investors could access these ETFs abroad, local rules have lagged. The current framework for mutual funds, introduced in 2015, needs to be updated.<\/p>\n\n\n\n

The new rules would limit retail mutual funds to a 15% allocation in crypto investments. Funds for institutional and high-net-worth investors would have no cap but must diversify to manage risks. Fund managers will need to follow strict guidelines when temporarily holding digital assets like Bitcoin or Ethereum. These assets can only be held for five business days for trading purposes.<\/p>\n\n\n\n

The SEC will accept public feedback on the proposal until November 8. Final rules are expected to be issued next year.<\/p>\n","post_title":"Thai SEC Seeks Public Feedback On New Digital Asset Investment Rules","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thai-sec-seeks-public-feedback-on-new-digital-asset-investment-rules","to_ping":"","pinged":"","post_modified":"2024-10-12 03:20:13","post_modified_gmt":"2024-10-11 16:20:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19137","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

See Related:<\/em><\/strong> What's Behind The $530M CryptoPunk #9998<\/a><\/p>\n\n\n\n

The Bitcoin ETF Era<\/h2>\n\n\n\n

ETFs are widely used investment tools that allow investors to purchase shares linked to assets like gold and Bitcoin. The U.S. approved Bitcoin spot ETFs in January now hold 951,900 Bitcoin, representing 4.82% of the total Bitcoin supply.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

This influx has been largely driven by institutional investors, with many major players buying shares in these ETFs. In the Q3 report, the number of institutions engaged in Bitcoin ETFs rose significantly<\/a>, reflecting growing confidence in the asset. Companies like MicroStrategy, Semler Scientific and Metaplanet have also embraced Bitcoin, incorporating it into their long-term investment strategies.<\/p>\n\n\n\n

<\/p>\n","post_title":"Charles Schwab Survey Says Nearly Half Of Investors Plan To Dive Into Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"charles-schwab-survey-says-nearly-half-of-investors-plan-to-dive-into-crypto-etfs","to_ping":"","pinged":"","post_modified":"2024-10-13 15:49:26","post_modified_gmt":"2024-10-13 04:49:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19146","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19137,"post_author":"15","post_date":"2024-10-12 03:19:59","post_date_gmt":"2024-10-11 16:19:59","post_content":"\n

The Thai Securities and Exchange Commission (SEC) has proposed <\/a>new rules allowing mutual and private funds to invest in digital assets. The goal is to match global trends and meet growing interest from institutional investors.<\/p>\n\n\n\n

A draft proposal was published, seeking public feedback on the updated investment criteria for digital assets.<\/p>\n\n\n\n

The SEC plans to let securities firms and asset managers offer services to large investors. This includes allowing investors to diversify their portfolios into crypto products like exchange-traded funds (ETFs). The changes aim to align with international developments and offer more options for expert-managed investments.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility<\/a><\/p>\n\n\n\n

Growing Demand For Bitcoin ETFs<\/h2>\n\n\n\n

The proposal follows the rising global demand for Bitcoin and Ethereum ETFs, which launched in the U.S. this year. The SEC noted that while Thai investors could access these ETFs abroad, local rules have lagged. The current framework for mutual funds, introduced in 2015, needs to be updated.<\/p>\n\n\n\n

The new rules would limit retail mutual funds to a 15% allocation in crypto investments. Funds for institutional and high-net-worth investors would have no cap but must diversify to manage risks. Fund managers will need to follow strict guidelines when temporarily holding digital assets like Bitcoin or Ethereum. These assets can only be held for five business days for trading purposes.<\/p>\n\n\n\n

The SEC will accept public feedback on the proposal until November 8. Final rules are expected to be issued next year.<\/p>\n","post_title":"Thai SEC Seeks Public Feedback On New Digital Asset Investment Rules","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thai-sec-seeks-public-feedback-on-new-digital-asset-investment-rules","to_ping":"","pinged":"","post_modified":"2024-10-12 03:20:13","post_modified_gmt":"2024-10-11 16:20:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19137","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/EricBalchunas\/status\/1844381251039527041\n<\/div><\/figure>\n\n\n\n

See Related:<\/em><\/strong> What's Behind The $530M CryptoPunk #9998<\/a><\/p>\n\n\n\n

The Bitcoin ETF Era<\/h2>\n\n\n\n

ETFs are widely used investment tools that allow investors to purchase shares linked to assets like gold and Bitcoin. The U.S. approved Bitcoin spot ETFs in January now hold 951,900 Bitcoin, representing 4.82% of the total Bitcoin supply.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

This influx has been largely driven by institutional investors, with many major players buying shares in these ETFs. In the Q3 report, the number of institutions engaged in Bitcoin ETFs rose significantly<\/a>, reflecting growing confidence in the asset. Companies like MicroStrategy, Semler Scientific and Metaplanet have also embraced Bitcoin, incorporating it into their long-term investment strategies.<\/p>\n\n\n\n

<\/p>\n","post_title":"Charles Schwab Survey Says Nearly Half Of Investors Plan To Dive Into Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"charles-schwab-survey-says-nearly-half-of-investors-plan-to-dive-into-crypto-etfs","to_ping":"","pinged":"","post_modified":"2024-10-13 15:49:26","post_modified_gmt":"2024-10-13 04:49:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19146","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19137,"post_author":"15","post_date":"2024-10-12 03:19:59","post_date_gmt":"2024-10-11 16:19:59","post_content":"\n

The Thai Securities and Exchange Commission (SEC) has proposed <\/a>new rules allowing mutual and private funds to invest in digital assets. The goal is to match global trends and meet growing interest from institutional investors.<\/p>\n\n\n\n

A draft proposal was published, seeking public feedback on the updated investment criteria for digital assets.<\/p>\n\n\n\n

The SEC plans to let securities firms and asset managers offer services to large investors. This includes allowing investors to diversify their portfolios into crypto products like exchange-traded funds (ETFs). The changes aim to align with international developments and offer more options for expert-managed investments.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility<\/a><\/p>\n\n\n\n

Growing Demand For Bitcoin ETFs<\/h2>\n\n\n\n

The proposal follows the rising global demand for Bitcoin and Ethereum ETFs, which launched in the U.S. this year. The SEC noted that while Thai investors could access these ETFs abroad, local rules have lagged. The current framework for mutual funds, introduced in 2015, needs to be updated.<\/p>\n\n\n\n

The new rules would limit retail mutual funds to a 15% allocation in crypto investments. Funds for institutional and high-net-worth investors would have no cap but must diversify to manage risks. Fund managers will need to follow strict guidelines when temporarily holding digital assets like Bitcoin or Ethereum. These assets can only be held for five business days for trading purposes.<\/p>\n\n\n\n

The SEC will accept public feedback on the proposal until November 8. Final rules are expected to be issued next year.<\/p>\n","post_title":"Thai SEC Seeks Public Feedback On New Digital Asset Investment Rules","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thai-sec-seeks-public-feedback-on-new-digital-asset-investment-rules","to_ping":"","pinged":"","post_modified":"2024-10-12 03:20:13","post_modified_gmt":"2024-10-11 16:20:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19137","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

According to the findings, 45% of respondents plan to invest in digital assets via ETFs in the coming year, a notable increase from 38% the previous year. The report further highlights that ETF investors have become more optimistic about multiple sectors, with a growing number viewing cryptocurrencies as a viable investment opportunity.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/EricBalchunas\/status\/1844381251039527041\n<\/div><\/figure>\n\n\n\n

See Related:<\/em><\/strong> What's Behind The $530M CryptoPunk #9998<\/a><\/p>\n\n\n\n

The Bitcoin ETF Era<\/h2>\n\n\n\n

ETFs are widely used investment tools that allow investors to purchase shares linked to assets like gold and Bitcoin. The U.S. approved Bitcoin spot ETFs in January now hold 951,900 Bitcoin, representing 4.82% of the total Bitcoin supply.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

This influx has been largely driven by institutional investors, with many major players buying shares in these ETFs. In the Q3 report, the number of institutions engaged in Bitcoin ETFs rose significantly<\/a>, reflecting growing confidence in the asset. Companies like MicroStrategy, Semler Scientific and Metaplanet have also embraced Bitcoin, incorporating it into their long-term investment strategies.<\/p>\n\n\n\n

<\/p>\n","post_title":"Charles Schwab Survey Says Nearly Half Of Investors Plan To Dive Into Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"charles-schwab-survey-says-nearly-half-of-investors-plan-to-dive-into-crypto-etfs","to_ping":"","pinged":"","post_modified":"2024-10-13 15:49:26","post_modified_gmt":"2024-10-13 04:49:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19146","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19137,"post_author":"15","post_date":"2024-10-12 03:19:59","post_date_gmt":"2024-10-11 16:19:59","post_content":"\n

The Thai Securities and Exchange Commission (SEC) has proposed <\/a>new rules allowing mutual and private funds to invest in digital assets. The goal is to match global trends and meet growing interest from institutional investors.<\/p>\n\n\n\n

A draft proposal was published, seeking public feedback on the updated investment criteria for digital assets.<\/p>\n\n\n\n

The SEC plans to let securities firms and asset managers offer services to large investors. This includes allowing investors to diversify their portfolios into crypto products like exchange-traded funds (ETFs). The changes aim to align with international developments and offer more options for expert-managed investments.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility<\/a><\/p>\n\n\n\n

Growing Demand For Bitcoin ETFs<\/h2>\n\n\n\n

The proposal follows the rising global demand for Bitcoin and Ethereum ETFs, which launched in the U.S. this year. The SEC noted that while Thai investors could access these ETFs abroad, local rules have lagged. The current framework for mutual funds, introduced in 2015, needs to be updated.<\/p>\n\n\n\n

The new rules would limit retail mutual funds to a 15% allocation in crypto investments. Funds for institutional and high-net-worth investors would have no cap but must diversify to manage risks. Fund managers will need to follow strict guidelines when temporarily holding digital assets like Bitcoin or Ethereum. These assets can only be held for five business days for trading purposes.<\/p>\n\n\n\n

The SEC will accept public feedback on the proposal until November 8. Final rules are expected to be issued next year.<\/p>\n","post_title":"Thai SEC Seeks Public Feedback On New Digital Asset Investment Rules","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thai-sec-seeks-public-feedback-on-new-digital-asset-investment-rules","to_ping":"","pinged":"","post_modified":"2024-10-12 03:20:13","post_modified_gmt":"2024-10-11 16:20:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19137","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The report<\/a>, published by Charles Schwab, reveals that millennials and older generations are showing increased interest in these financial products, reflecting a broadening appeal across age groups.<\/p>\n\n\n\n

According to the findings, 45% of respondents plan to invest in digital assets via ETFs in the coming year, a notable increase from 38% the previous year. The report further highlights that ETF investors have become more optimistic about multiple sectors, with a growing number viewing cryptocurrencies as a viable investment opportunity.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/EricBalchunas\/status\/1844381251039527041\n<\/div><\/figure>\n\n\n\n

See Related:<\/em><\/strong> What's Behind The $530M CryptoPunk #9998<\/a><\/p>\n\n\n\n

The Bitcoin ETF Era<\/h2>\n\n\n\n

ETFs are widely used investment tools that allow investors to purchase shares linked to assets like gold and Bitcoin. The U.S. approved Bitcoin spot ETFs in January now hold 951,900 Bitcoin, representing 4.82% of the total Bitcoin supply.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

This influx has been largely driven by institutional investors, with many major players buying shares in these ETFs. In the Q3 report, the number of institutions engaged in Bitcoin ETFs rose significantly<\/a>, reflecting growing confidence in the asset. Companies like MicroStrategy, Semler Scientific and Metaplanet have also embraced Bitcoin, incorporating it into their long-term investment strategies.<\/p>\n\n\n\n

<\/p>\n","post_title":"Charles Schwab Survey Says Nearly Half Of Investors Plan To Dive Into Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"charles-schwab-survey-says-nearly-half-of-investors-plan-to-dive-into-crypto-etfs","to_ping":"","pinged":"","post_modified":"2024-10-13 15:49:26","post_modified_gmt":"2024-10-13 04:49:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19146","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19137,"post_author":"15","post_date":"2024-10-12 03:19:59","post_date_gmt":"2024-10-11 16:19:59","post_content":"\n

The Thai Securities and Exchange Commission (SEC) has proposed <\/a>new rules allowing mutual and private funds to invest in digital assets. The goal is to match global trends and meet growing interest from institutional investors.<\/p>\n\n\n\n

A draft proposal was published, seeking public feedback on the updated investment criteria for digital assets.<\/p>\n\n\n\n

The SEC plans to let securities firms and asset managers offer services to large investors. This includes allowing investors to diversify their portfolios into crypto products like exchange-traded funds (ETFs). The changes aim to align with international developments and offer more options for expert-managed investments.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility<\/a><\/p>\n\n\n\n

Growing Demand For Bitcoin ETFs<\/h2>\n\n\n\n

The proposal follows the rising global demand for Bitcoin and Ethereum ETFs, which launched in the U.S. this year. The SEC noted that while Thai investors could access these ETFs abroad, local rules have lagged. The current framework for mutual funds, introduced in 2015, needs to be updated.<\/p>\n\n\n\n

The new rules would limit retail mutual funds to a 15% allocation in crypto investments. Funds for institutional and high-net-worth investors would have no cap but must diversify to manage risks. Fund managers will need to follow strict guidelines when temporarily holding digital assets like Bitcoin or Ethereum. These assets can only be held for five business days for trading purposes.<\/p>\n\n\n\n

The SEC will accept public feedback on the proposal until November 8. Final rules are expected to be issued next year.<\/p>\n","post_title":"Thai SEC Seeks Public Feedback On New Digital Asset Investment Rules","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thai-sec-seeks-public-feedback-on-new-digital-asset-investment-rules","to_ping":"","pinged":"","post_modified":"2024-10-12 03:20:13","post_modified_gmt":"2024-10-11 16:20:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19137","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Interest in digital asset exchange-traded funds (ETFs) continues to rise, with nearly half of the investors surveyed in a recent report expressing plans to invest in U.S.-based crypto ETFs. <\/p>\n\n\n\n

The report<\/a>, published by Charles Schwab, reveals that millennials and older generations are showing increased interest in these financial products, reflecting a broadening appeal across age groups.<\/p>\n\n\n\n

According to the findings, 45% of respondents plan to invest in digital assets via ETFs in the coming year, a notable increase from 38% the previous year. The report further highlights that ETF investors have become more optimistic about multiple sectors, with a growing number viewing cryptocurrencies as a viable investment opportunity.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/EricBalchunas\/status\/1844381251039527041\n<\/div><\/figure>\n\n\n\n

See Related:<\/em><\/strong> What's Behind The $530M CryptoPunk #9998<\/a><\/p>\n\n\n\n

The Bitcoin ETF Era<\/h2>\n\n\n\n

ETFs are widely used investment tools that allow investors to purchase shares linked to assets like gold and Bitcoin. The U.S. approved Bitcoin spot ETFs in January now hold 951,900 Bitcoin, representing 4.82% of the total Bitcoin supply.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

This influx has been largely driven by institutional investors, with many major players buying shares in these ETFs. In the Q3 report, the number of institutions engaged in Bitcoin ETFs rose significantly<\/a>, reflecting growing confidence in the asset. Companies like MicroStrategy, Semler Scientific and Metaplanet have also embraced Bitcoin, incorporating it into their long-term investment strategies.<\/p>\n\n\n\n

<\/p>\n","post_title":"Charles Schwab Survey Says Nearly Half Of Investors Plan To Dive Into Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"charles-schwab-survey-says-nearly-half-of-investors-plan-to-dive-into-crypto-etfs","to_ping":"","pinged":"","post_modified":"2024-10-13 15:49:26","post_modified_gmt":"2024-10-13 04:49:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19146","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19137,"post_author":"15","post_date":"2024-10-12 03:19:59","post_date_gmt":"2024-10-11 16:19:59","post_content":"\n

The Thai Securities and Exchange Commission (SEC) has proposed <\/a>new rules allowing mutual and private funds to invest in digital assets. The goal is to match global trends and meet growing interest from institutional investors.<\/p>\n\n\n\n

A draft proposal was published, seeking public feedback on the updated investment criteria for digital assets.<\/p>\n\n\n\n

The SEC plans to let securities firms and asset managers offer services to large investors. This includes allowing investors to diversify their portfolios into crypto products like exchange-traded funds (ETFs). The changes aim to align with international developments and offer more options for expert-managed investments.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility<\/a><\/p>\n\n\n\n

Growing Demand For Bitcoin ETFs<\/h2>\n\n\n\n

The proposal follows the rising global demand for Bitcoin and Ethereum ETFs, which launched in the U.S. this year. The SEC noted that while Thai investors could access these ETFs abroad, local rules have lagged. The current framework for mutual funds, introduced in 2015, needs to be updated.<\/p>\n\n\n\n

The new rules would limit retail mutual funds to a 15% allocation in crypto investments. Funds for institutional and high-net-worth investors would have no cap but must diversify to manage risks. Fund managers will need to follow strict guidelines when temporarily holding digital assets like Bitcoin or Ethereum. These assets can only be held for five business days for trading purposes.<\/p>\n\n\n\n

The SEC will accept public feedback on the proposal until November 8. Final rules are expected to be issued next year.<\/p>\n","post_title":"Thai SEC Seeks Public Feedback On New Digital Asset Investment Rules","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thai-sec-seeks-public-feedback-on-new-digital-asset-investment-rules","to_ping":"","pinged":"","post_modified":"2024-10-12 03:20:13","post_modified_gmt":"2024-10-11 16:20:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19137","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

ETH\/USD must break the 50-EMA and the $2.7K level to avoid a deeper correction from the current stage. Otherwise, holland below these resistance levels for another week will only accelerate the growing supplies and crash the price below the critical support at $2,110.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC On Sideways Movement As The Price Stucks Between $60K and $65K, ETH Awaits BTC Lead While Holding Below $2.5K","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-on-sideways-movement-as-the-price-stucks-between-60k-and-65k-eth-awaits-btc-lead-while-holding-below-2-5k","to_ping":"","pinged":"","post_modified":"2024-10-14 04:05:42","post_modified_gmt":"2024-10-13 17:05:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19178","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19146,"post_author":"15","post_date":"2024-10-13 15:49:18","post_date_gmt":"2024-10-13 04:49:18","post_content":"\n

Interest in digital asset exchange-traded funds (ETFs) continues to rise, with nearly half of the investors surveyed in a recent report expressing plans to invest in U.S.-based crypto ETFs. <\/p>\n\n\n\n

The report<\/a>, published by Charles Schwab, reveals that millennials and older generations are showing increased interest in these financial products, reflecting a broadening appeal across age groups.<\/p>\n\n\n\n

According to the findings, 45% of respondents plan to invest in digital assets via ETFs in the coming year, a notable increase from 38% the previous year. The report further highlights that ETF investors have become more optimistic about multiple sectors, with a growing number viewing cryptocurrencies as a viable investment opportunity.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/EricBalchunas\/status\/1844381251039527041\n<\/div><\/figure>\n\n\n\n

See Related:<\/em><\/strong> What's Behind The $530M CryptoPunk #9998<\/a><\/p>\n\n\n\n

The Bitcoin ETF Era<\/h2>\n\n\n\n

ETFs are widely used investment tools that allow investors to purchase shares linked to assets like gold and Bitcoin. The U.S. approved Bitcoin spot ETFs in January now hold 951,900 Bitcoin, representing 4.82% of the total Bitcoin supply.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

This influx has been largely driven by institutional investors, with many major players buying shares in these ETFs. In the Q3 report, the number of institutions engaged in Bitcoin ETFs rose significantly<\/a>, reflecting growing confidence in the asset. Companies like MicroStrategy, Semler Scientific and Metaplanet have also embraced Bitcoin, incorporating it into their long-term investment strategies.<\/p>\n\n\n\n

<\/p>\n","post_title":"Charles Schwab Survey Says Nearly Half Of Investors Plan To Dive Into Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"charles-schwab-survey-says-nearly-half-of-investors-plan-to-dive-into-crypto-etfs","to_ping":"","pinged":"","post_modified":"2024-10-13 15:49:26","post_modified_gmt":"2024-10-13 04:49:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19146","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19137,"post_author":"15","post_date":"2024-10-12 03:19:59","post_date_gmt":"2024-10-11 16:19:59","post_content":"\n

The Thai Securities and Exchange Commission (SEC) has proposed <\/a>new rules allowing mutual and private funds to invest in digital assets. The goal is to match global trends and meet growing interest from institutional investors.<\/p>\n\n\n\n

A draft proposal was published, seeking public feedback on the updated investment criteria for digital assets.<\/p>\n\n\n\n

The SEC plans to let securities firms and asset managers offer services to large investors. This includes allowing investors to diversify their portfolios into crypto products like exchange-traded funds (ETFs). The changes aim to align with international developments and offer more options for expert-managed investments.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility<\/a><\/p>\n\n\n\n

Growing Demand For Bitcoin ETFs<\/h2>\n\n\n\n

The proposal follows the rising global demand for Bitcoin and Ethereum ETFs, which launched in the U.S. this year. The SEC noted that while Thai investors could access these ETFs abroad, local rules have lagged. The current framework for mutual funds, introduced in 2015, needs to be updated.<\/p>\n\n\n\n

The new rules would limit retail mutual funds to a 15% allocation in crypto investments. Funds for institutional and high-net-worth investors would have no cap but must diversify to manage risks. Fund managers will need to follow strict guidelines when temporarily holding digital assets like Bitcoin or Ethereum. These assets can only be held for five business days for trading purposes.<\/p>\n\n\n\n

The SEC will accept public feedback on the proposal until November 8. Final rules are expected to be issued next year.<\/p>\n","post_title":"Thai SEC Seeks Public Feedback On New Digital Asset Investment Rules","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thai-sec-seeks-public-feedback-on-new-digital-asset-investment-rules","to_ping":"","pinged":"","post_modified":"2024-10-12 03:20:13","post_modified_gmt":"2024-10-11 16:20:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19137","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

From a technical point, the price shows no sign of bullish movements anytime soon but indicates an upcoming bearish rally based on multiple factors. For instance, failing to break above $2.8K, sliding below the 50-EMA, and maintaining a position below the daily trendline resistance are all suggesting a potential downtrend ahead.<\/p>\n\n\n\n

ETH\/USD must break the 50-EMA and the $2.7K level to avoid a deeper correction from the current stage. Otherwise, holland below these resistance levels for another week will only accelerate the growing supplies and crash the price below the critical support at $2,110.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC On Sideways Movement As The Price Stucks Between $60K and $65K, ETH Awaits BTC Lead While Holding Below $2.5K","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-on-sideways-movement-as-the-price-stucks-between-60k-and-65k-eth-awaits-btc-lead-while-holding-below-2-5k","to_ping":"","pinged":"","post_modified":"2024-10-14 04:05:42","post_modified_gmt":"2024-10-13 17:05:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19178","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19146,"post_author":"15","post_date":"2024-10-13 15:49:18","post_date_gmt":"2024-10-13 04:49:18","post_content":"\n

Interest in digital asset exchange-traded funds (ETFs) continues to rise, with nearly half of the investors surveyed in a recent report expressing plans to invest in U.S.-based crypto ETFs. <\/p>\n\n\n\n

The report<\/a>, published by Charles Schwab, reveals that millennials and older generations are showing increased interest in these financial products, reflecting a broadening appeal across age groups.<\/p>\n\n\n\n

According to the findings, 45% of respondents plan to invest in digital assets via ETFs in the coming year, a notable increase from 38% the previous year. The report further highlights that ETF investors have become more optimistic about multiple sectors, with a growing number viewing cryptocurrencies as a viable investment opportunity.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/EricBalchunas\/status\/1844381251039527041\n<\/div><\/figure>\n\n\n\n

See Related:<\/em><\/strong> What's Behind The $530M CryptoPunk #9998<\/a><\/p>\n\n\n\n

The Bitcoin ETF Era<\/h2>\n\n\n\n

ETFs are widely used investment tools that allow investors to purchase shares linked to assets like gold and Bitcoin. The U.S. approved Bitcoin spot ETFs in January now hold 951,900 Bitcoin, representing 4.82% of the total Bitcoin supply.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

This influx has been largely driven by institutional investors, with many major players buying shares in these ETFs. In the Q3 report, the number of institutions engaged in Bitcoin ETFs rose significantly<\/a>, reflecting growing confidence in the asset. Companies like MicroStrategy, Semler Scientific and Metaplanet have also embraced Bitcoin, incorporating it into their long-term investment strategies.<\/p>\n\n\n\n

<\/p>\n","post_title":"Charles Schwab Survey Says Nearly Half Of Investors Plan To Dive Into Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"charles-schwab-survey-says-nearly-half-of-investors-plan-to-dive-into-crypto-etfs","to_ping":"","pinged":"","post_modified":"2024-10-13 15:49:26","post_modified_gmt":"2024-10-13 04:49:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19146","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19137,"post_author":"15","post_date":"2024-10-12 03:19:59","post_date_gmt":"2024-10-11 16:19:59","post_content":"\n

The Thai Securities and Exchange Commission (SEC) has proposed <\/a>new rules allowing mutual and private funds to invest in digital assets. The goal is to match global trends and meet growing interest from institutional investors.<\/p>\n\n\n\n

A draft proposal was published, seeking public feedback on the updated investment criteria for digital assets.<\/p>\n\n\n\n

The SEC plans to let securities firms and asset managers offer services to large investors. This includes allowing investors to diversify their portfolios into crypto products like exchange-traded funds (ETFs). The changes aim to align with international developments and offer more options for expert-managed investments.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility<\/a><\/p>\n\n\n\n

Growing Demand For Bitcoin ETFs<\/h2>\n\n\n\n

The proposal follows the rising global demand for Bitcoin and Ethereum ETFs, which launched in the U.S. this year. The SEC noted that while Thai investors could access these ETFs abroad, local rules have lagged. The current framework for mutual funds, introduced in 2015, needs to be updated.<\/p>\n\n\n\n

The new rules would limit retail mutual funds to a 15% allocation in crypto investments. Funds for institutional and high-net-worth investors would have no cap but must diversify to manage risks. Fund managers will need to follow strict guidelines when temporarily holding digital assets like Bitcoin or Ethereum. These assets can only be held for five business days for trading purposes.<\/p>\n\n\n\n

The SEC will accept public feedback on the proposal until November 8. Final rules are expected to be issued next year.<\/p>\n","post_title":"Thai SEC Seeks Public Feedback On New Digital Asset Investment Rules","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thai-sec-seeks-public-feedback-on-new-digital-asset-investment-rules","to_ping":"","pinged":"","post_modified":"2024-10-12 03:20:13","post_modified_gmt":"2024-10-11 16:20:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19137","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Ethereum denied a move above the $2.8K resistance level several times since the price broke the critical support at $2,815 on August 4. Recently, the price failed to exceed the $2.7K level, suggesting more supplies inside the $2.7K-$2.8K zone. Additionally, there is a bearish trendline on the daily chart, which offers a fresh resistance near $2.6K.<\/p>\n\n\n\n

From a technical point, the price shows no sign of bullish movements anytime soon but indicates an upcoming bearish rally based on multiple factors. For instance, failing to break above $2.8K, sliding below the 50-EMA, and maintaining a position below the daily trendline resistance are all suggesting a potential downtrend ahead.<\/p>\n\n\n\n

ETH\/USD must break the 50-EMA and the $2.7K level to avoid a deeper correction from the current stage. Otherwise, holland below these resistance levels for another week will only accelerate the growing supplies and crash the price below the critical support at $2,110.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC On Sideways Movement As The Price Stucks Between $60K and $65K, ETH Awaits BTC Lead While Holding Below $2.5K","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-on-sideways-movement-as-the-price-stucks-between-60k-and-65k-eth-awaits-btc-lead-while-holding-below-2-5k","to_ping":"","pinged":"","post_modified":"2024-10-14 04:05:42","post_modified_gmt":"2024-10-13 17:05:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19178","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19146,"post_author":"15","post_date":"2024-10-13 15:49:18","post_date_gmt":"2024-10-13 04:49:18","post_content":"\n

Interest in digital asset exchange-traded funds (ETFs) continues to rise, with nearly half of the investors surveyed in a recent report expressing plans to invest in U.S.-based crypto ETFs. <\/p>\n\n\n\n

The report<\/a>, published by Charles Schwab, reveals that millennials and older generations are showing increased interest in these financial products, reflecting a broadening appeal across age groups.<\/p>\n\n\n\n

According to the findings, 45% of respondents plan to invest in digital assets via ETFs in the coming year, a notable increase from 38% the previous year. The report further highlights that ETF investors have become more optimistic about multiple sectors, with a growing number viewing cryptocurrencies as a viable investment opportunity.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/EricBalchunas\/status\/1844381251039527041\n<\/div><\/figure>\n\n\n\n

See Related:<\/em><\/strong> What's Behind The $530M CryptoPunk #9998<\/a><\/p>\n\n\n\n

The Bitcoin ETF Era<\/h2>\n\n\n\n

ETFs are widely used investment tools that allow investors to purchase shares linked to assets like gold and Bitcoin. The U.S. approved Bitcoin spot ETFs in January now hold 951,900 Bitcoin, representing 4.82% of the total Bitcoin supply.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

This influx has been largely driven by institutional investors, with many major players buying shares in these ETFs. In the Q3 report, the number of institutions engaged in Bitcoin ETFs rose significantly<\/a>, reflecting growing confidence in the asset. Companies like MicroStrategy, Semler Scientific and Metaplanet have also embraced Bitcoin, incorporating it into their long-term investment strategies.<\/p>\n\n\n\n

<\/p>\n","post_title":"Charles Schwab Survey Says Nearly Half Of Investors Plan To Dive Into Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"charles-schwab-survey-says-nearly-half-of-investors-plan-to-dive-into-crypto-etfs","to_ping":"","pinged":"","post_modified":"2024-10-13 15:49:26","post_modified_gmt":"2024-10-13 04:49:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19146","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19137,"post_author":"15","post_date":"2024-10-12 03:19:59","post_date_gmt":"2024-10-11 16:19:59","post_content":"\n

The Thai Securities and Exchange Commission (SEC) has proposed <\/a>new rules allowing mutual and private funds to invest in digital assets. The goal is to match global trends and meet growing interest from institutional investors.<\/p>\n\n\n\n

A draft proposal was published, seeking public feedback on the updated investment criteria for digital assets.<\/p>\n\n\n\n

The SEC plans to let securities firms and asset managers offer services to large investors. This includes allowing investors to diversify their portfolios into crypto products like exchange-traded funds (ETFs). The changes aim to align with international developments and offer more options for expert-managed investments.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility<\/a><\/p>\n\n\n\n

Growing Demand For Bitcoin ETFs<\/h2>\n\n\n\n

The proposal follows the rising global demand for Bitcoin and Ethereum ETFs, which launched in the U.S. this year. The SEC noted that while Thai investors could access these ETFs abroad, local rules have lagged. The current framework for mutual funds, introduced in 2015, needs to be updated.<\/p>\n\n\n\n

The new rules would limit retail mutual funds to a 15% allocation in crypto investments. Funds for institutional and high-net-worth investors would have no cap but must diversify to manage risks. Fund managers will need to follow strict guidelines when temporarily holding digital assets like Bitcoin or Ethereum. These assets can only be held for five business days for trading purposes.<\/p>\n\n\n\n

The SEC will accept public feedback on the proposal until November 8. Final rules are expected to be issued next year.<\/p>\n","post_title":"Thai SEC Seeks Public Feedback On New Digital Asset Investment Rules","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thai-sec-seeks-public-feedback-on-new-digital-asset-investment-rules","to_ping":"","pinged":"","post_modified":"2024-10-12 03:20:13","post_modified_gmt":"2024-10-11 16:20:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19137","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\"ETH
ETH\/USD<\/a> shows no sign of bullish movements as the price dips below the 50 EMA. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n

Ethereum denied a move above the $2.8K resistance level several times since the price broke the critical support at $2,815 on August 4. Recently, the price failed to exceed the $2.7K level, suggesting more supplies inside the $2.7K-$2.8K zone. Additionally, there is a bearish trendline on the daily chart, which offers a fresh resistance near $2.6K.<\/p>\n\n\n\n

From a technical point, the price shows no sign of bullish movements anytime soon but indicates an upcoming bearish rally based on multiple factors. For instance, failing to break above $2.8K, sliding below the 50-EMA, and maintaining a position below the daily trendline resistance are all suggesting a potential downtrend ahead.<\/p>\n\n\n\n

ETH\/USD must break the 50-EMA and the $2.7K level to avoid a deeper correction from the current stage. Otherwise, holland below these resistance levels for another week will only accelerate the growing supplies and crash the price below the critical support at $2,110.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC On Sideways Movement As The Price Stucks Between $60K and $65K, ETH Awaits BTC Lead While Holding Below $2.5K","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-on-sideways-movement-as-the-price-stucks-between-60k-and-65k-eth-awaits-btc-lead-while-holding-below-2-5k","to_ping":"","pinged":"","post_modified":"2024-10-14 04:05:42","post_modified_gmt":"2024-10-13 17:05:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19178","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19146,"post_author":"15","post_date":"2024-10-13 15:49:18","post_date_gmt":"2024-10-13 04:49:18","post_content":"\n

Interest in digital asset exchange-traded funds (ETFs) continues to rise, with nearly half of the investors surveyed in a recent report expressing plans to invest in U.S.-based crypto ETFs. <\/p>\n\n\n\n

The report<\/a>, published by Charles Schwab, reveals that millennials and older generations are showing increased interest in these financial products, reflecting a broadening appeal across age groups.<\/p>\n\n\n\n

According to the findings, 45% of respondents plan to invest in digital assets via ETFs in the coming year, a notable increase from 38% the previous year. The report further highlights that ETF investors have become more optimistic about multiple sectors, with a growing number viewing cryptocurrencies as a viable investment opportunity.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/EricBalchunas\/status\/1844381251039527041\n<\/div><\/figure>\n\n\n\n

See Related:<\/em><\/strong> What's Behind The $530M CryptoPunk #9998<\/a><\/p>\n\n\n\n

The Bitcoin ETF Era<\/h2>\n\n\n\n

ETFs are widely used investment tools that allow investors to purchase shares linked to assets like gold and Bitcoin. The U.S. approved Bitcoin spot ETFs in January now hold 951,900 Bitcoin, representing 4.82% of the total Bitcoin supply.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

This influx has been largely driven by institutional investors, with many major players buying shares in these ETFs. In the Q3 report, the number of institutions engaged in Bitcoin ETFs rose significantly<\/a>, reflecting growing confidence in the asset. Companies like MicroStrategy, Semler Scientific and Metaplanet have also embraced Bitcoin, incorporating it into their long-term investment strategies.<\/p>\n\n\n\n

<\/p>\n","post_title":"Charles Schwab Survey Says Nearly Half Of Investors Plan To Dive Into Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"charles-schwab-survey-says-nearly-half-of-investors-plan-to-dive-into-crypto-etfs","to_ping":"","pinged":"","post_modified":"2024-10-13 15:49:26","post_modified_gmt":"2024-10-13 04:49:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19146","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19137,"post_author":"15","post_date":"2024-10-12 03:19:59","post_date_gmt":"2024-10-11 16:19:59","post_content":"\n

The Thai Securities and Exchange Commission (SEC) has proposed <\/a>new rules allowing mutual and private funds to invest in digital assets. The goal is to match global trends and meet growing interest from institutional investors.<\/p>\n\n\n\n

A draft proposal was published, seeking public feedback on the updated investment criteria for digital assets.<\/p>\n\n\n\n

The SEC plans to let securities firms and asset managers offer services to large investors. This includes allowing investors to diversify their portfolios into crypto products like exchange-traded funds (ETFs). The changes aim to align with international developments and offer more options for expert-managed investments.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility<\/a><\/p>\n\n\n\n

Growing Demand For Bitcoin ETFs<\/h2>\n\n\n\n

The proposal follows the rising global demand for Bitcoin and Ethereum ETFs, which launched in the U.S. this year. The SEC noted that while Thai investors could access these ETFs abroad, local rules have lagged. The current framework for mutual funds, introduced in 2015, needs to be updated.<\/p>\n\n\n\n

The new rules would limit retail mutual funds to a 15% allocation in crypto investments. Funds for institutional and high-net-worth investors would have no cap but must diversify to manage risks. Fund managers will need to follow strict guidelines when temporarily holding digital assets like Bitcoin or Ethereum. These assets can only be held for five business days for trading purposes.<\/p>\n\n\n\n

The SEC will accept public feedback on the proposal until November 8. Final rules are expected to be issued next year.<\/p>\n","post_title":"Thai SEC Seeks Public Feedback On New Digital Asset Investment Rules","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thai-sec-seeks-public-feedback-on-new-digital-asset-investment-rules","to_ping":"","pinged":"","post_modified":"2024-10-12 03:20:13","post_modified_gmt":"2024-10-11 16:20:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19137","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

<\/a>Ethereum Technical Analysis \u2013 ETH Daily Chart<\/h2>\n\n\n\n
\"ETH
ETH\/USD<\/a> shows no sign of bullish movements as the price dips below the 50 EMA. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n

Ethereum denied a move above the $2.8K resistance level several times since the price broke the critical support at $2,815 on August 4. Recently, the price failed to exceed the $2.7K level, suggesting more supplies inside the $2.7K-$2.8K zone. Additionally, there is a bearish trendline on the daily chart, which offers a fresh resistance near $2.6K.<\/p>\n\n\n\n

From a technical point, the price shows no sign of bullish movements anytime soon but indicates an upcoming bearish rally based on multiple factors. For instance, failing to break above $2.8K, sliding below the 50-EMA, and maintaining a position below the daily trendline resistance are all suggesting a potential downtrend ahead.<\/p>\n\n\n\n

ETH\/USD must break the 50-EMA and the $2.7K level to avoid a deeper correction from the current stage. Otherwise, holland below these resistance levels for another week will only accelerate the growing supplies and crash the price below the critical support at $2,110.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC On Sideways Movement As The Price Stucks Between $60K and $65K, ETH Awaits BTC Lead While Holding Below $2.5K","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-on-sideways-movement-as-the-price-stucks-between-60k-and-65k-eth-awaits-btc-lead-while-holding-below-2-5k","to_ping":"","pinged":"","post_modified":"2024-10-14 04:05:42","post_modified_gmt":"2024-10-13 17:05:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19178","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19146,"post_author":"15","post_date":"2024-10-13 15:49:18","post_date_gmt":"2024-10-13 04:49:18","post_content":"\n

Interest in digital asset exchange-traded funds (ETFs) continues to rise, with nearly half of the investors surveyed in a recent report expressing plans to invest in U.S.-based crypto ETFs. <\/p>\n\n\n\n

The report<\/a>, published by Charles Schwab, reveals that millennials and older generations are showing increased interest in these financial products, reflecting a broadening appeal across age groups.<\/p>\n\n\n\n

According to the findings, 45% of respondents plan to invest in digital assets via ETFs in the coming year, a notable increase from 38% the previous year. The report further highlights that ETF investors have become more optimistic about multiple sectors, with a growing number viewing cryptocurrencies as a viable investment opportunity.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/EricBalchunas\/status\/1844381251039527041\n<\/div><\/figure>\n\n\n\n

See Related:<\/em><\/strong> What's Behind The $530M CryptoPunk #9998<\/a><\/p>\n\n\n\n

The Bitcoin ETF Era<\/h2>\n\n\n\n

ETFs are widely used investment tools that allow investors to purchase shares linked to assets like gold and Bitcoin. The U.S. approved Bitcoin spot ETFs in January now hold 951,900 Bitcoin, representing 4.82% of the total Bitcoin supply.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

This influx has been largely driven by institutional investors, with many major players buying shares in these ETFs. In the Q3 report, the number of institutions engaged in Bitcoin ETFs rose significantly<\/a>, reflecting growing confidence in the asset. Companies like MicroStrategy, Semler Scientific and Metaplanet have also embraced Bitcoin, incorporating it into their long-term investment strategies.<\/p>\n\n\n\n

<\/p>\n","post_title":"Charles Schwab Survey Says Nearly Half Of Investors Plan To Dive Into Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"charles-schwab-survey-says-nearly-half-of-investors-plan-to-dive-into-crypto-etfs","to_ping":"","pinged":"","post_modified":"2024-10-13 15:49:26","post_modified_gmt":"2024-10-13 04:49:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19146","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19137,"post_author":"15","post_date":"2024-10-12 03:19:59","post_date_gmt":"2024-10-11 16:19:59","post_content":"\n

The Thai Securities and Exchange Commission (SEC) has proposed <\/a>new rules allowing mutual and private funds to invest in digital assets. The goal is to match global trends and meet growing interest from institutional investors.<\/p>\n\n\n\n

A draft proposal was published, seeking public feedback on the updated investment criteria for digital assets.<\/p>\n\n\n\n

The SEC plans to let securities firms and asset managers offer services to large investors. This includes allowing investors to diversify their portfolios into crypto products like exchange-traded funds (ETFs). The changes aim to align with international developments and offer more options for expert-managed investments.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility<\/a><\/p>\n\n\n\n

Growing Demand For Bitcoin ETFs<\/h2>\n\n\n\n

The proposal follows the rising global demand for Bitcoin and Ethereum ETFs, which launched in the U.S. this year. The SEC noted that while Thai investors could access these ETFs abroad, local rules have lagged. The current framework for mutual funds, introduced in 2015, needs to be updated.<\/p>\n\n\n\n

The new rules would limit retail mutual funds to a 15% allocation in crypto investments. Funds for institutional and high-net-worth investors would have no cap but must diversify to manage risks. Fund managers will need to follow strict guidelines when temporarily holding digital assets like Bitcoin or Ethereum. These assets can only be held for five business days for trading purposes.<\/p>\n\n\n\n

The SEC will accept public feedback on the proposal until November 8. Final rules are expected to be issued next year.<\/p>\n","post_title":"Thai SEC Seeks Public Feedback On New Digital Asset Investment Rules","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thai-sec-seeks-public-feedback-on-new-digital-asset-investment-rules","to_ping":"","pinged":"","post_modified":"2024-10-12 03:20:13","post_modified_gmt":"2024-10-11 16:20:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19137","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
  • ETH may retest the support at $2,110 if the price fails to secure its position above $2.5K this week.<\/li>\n<\/ul>\n\n\n\n

    <\/a>Ethereum Technical Analysis \u2013 ETH Daily Chart<\/h2>\n\n\n\n
    \"ETH
    ETH\/USD<\/a> shows no sign of bullish movements as the price dips below the 50 EMA. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n

    Ethereum denied a move above the $2.8K resistance level several times since the price broke the critical support at $2,815 on August 4. Recently, the price failed to exceed the $2.7K level, suggesting more supplies inside the $2.7K-$2.8K zone. Additionally, there is a bearish trendline on the daily chart, which offers a fresh resistance near $2.6K.<\/p>\n\n\n\n

    From a technical point, the price shows no sign of bullish movements anytime soon but indicates an upcoming bearish rally based on multiple factors. For instance, failing to break above $2.8K, sliding below the 50-EMA, and maintaining a position below the daily trendline resistance are all suggesting a potential downtrend ahead.<\/p>\n\n\n\n

    ETH\/USD must break the 50-EMA and the $2.7K level to avoid a deeper correction from the current stage. Otherwise, holland below these resistance levels for another week will only accelerate the growing supplies and crash the price below the critical support at $2,110.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC On Sideways Movement As The Price Stucks Between $60K and $65K, ETH Awaits BTC Lead While Holding Below $2.5K","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-on-sideways-movement-as-the-price-stucks-between-60k-and-65k-eth-awaits-btc-lead-while-holding-below-2-5k","to_ping":"","pinged":"","post_modified":"2024-10-14 04:05:42","post_modified_gmt":"2024-10-13 17:05:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19178","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19146,"post_author":"15","post_date":"2024-10-13 15:49:18","post_date_gmt":"2024-10-13 04:49:18","post_content":"\n

    Interest in digital asset exchange-traded funds (ETFs) continues to rise, with nearly half of the investors surveyed in a recent report expressing plans to invest in U.S.-based crypto ETFs. <\/p>\n\n\n\n

    The report<\/a>, published by Charles Schwab, reveals that millennials and older generations are showing increased interest in these financial products, reflecting a broadening appeal across age groups.<\/p>\n\n\n\n

    According to the findings, 45% of respondents plan to invest in digital assets via ETFs in the coming year, a notable increase from 38% the previous year. The report further highlights that ETF investors have become more optimistic about multiple sectors, with a growing number viewing cryptocurrencies as a viable investment opportunity.<\/p>\n\n\n\n

    \nhttps:\/\/twitter.com\/EricBalchunas\/status\/1844381251039527041\n<\/div><\/figure>\n\n\n\n

    See Related:<\/em><\/strong> What's Behind The $530M CryptoPunk #9998<\/a><\/p>\n\n\n\n

    The Bitcoin ETF Era<\/h2>\n\n\n\n

    ETFs are widely used investment tools that allow investors to purchase shares linked to assets like gold and Bitcoin. The U.S. approved Bitcoin spot ETFs in January now hold 951,900 Bitcoin, representing 4.82% of the total Bitcoin supply.<\/p>\n\n\n\n

    \"\"<\/figure>\n\n\n\n

    This influx has been largely driven by institutional investors, with many major players buying shares in these ETFs. In the Q3 report, the number of institutions engaged in Bitcoin ETFs rose significantly<\/a>, reflecting growing confidence in the asset. Companies like MicroStrategy, Semler Scientific and Metaplanet have also embraced Bitcoin, incorporating it into their long-term investment strategies.<\/p>\n\n\n\n

    <\/p>\n","post_title":"Charles Schwab Survey Says Nearly Half Of Investors Plan To Dive Into Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"charles-schwab-survey-says-nearly-half-of-investors-plan-to-dive-into-crypto-etfs","to_ping":"","pinged":"","post_modified":"2024-10-13 15:49:26","post_modified_gmt":"2024-10-13 04:49:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19146","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19137,"post_author":"15","post_date":"2024-10-12 03:19:59","post_date_gmt":"2024-10-11 16:19:59","post_content":"\n

    The Thai Securities and Exchange Commission (SEC) has proposed <\/a>new rules allowing mutual and private funds to invest in digital assets. The goal is to match global trends and meet growing interest from institutional investors.<\/p>\n\n\n\n

    A draft proposal was published, seeking public feedback on the updated investment criteria for digital assets.<\/p>\n\n\n\n

    The SEC plans to let securities firms and asset managers offer services to large investors. This includes allowing investors to diversify their portfolios into crypto products like exchange-traded funds (ETFs). The changes aim to align with international developments and offer more options for expert-managed investments.<\/p>\n\n\n\n

    See Related:<\/em><\/strong> Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility<\/a><\/p>\n\n\n\n

    Growing Demand For Bitcoin ETFs<\/h2>\n\n\n\n

    The proposal follows the rising global demand for Bitcoin and Ethereum ETFs, which launched in the U.S. this year. The SEC noted that while Thai investors could access these ETFs abroad, local rules have lagged. The current framework for mutual funds, introduced in 2015, needs to be updated.<\/p>\n\n\n\n

    The new rules would limit retail mutual funds to a 15% allocation in crypto investments. Funds for institutional and high-net-worth investors would have no cap but must diversify to manage risks. Fund managers will need to follow strict guidelines when temporarily holding digital assets like Bitcoin or Ethereum. These assets can only be held for five business days for trading purposes.<\/p>\n\n\n\n

    The SEC will accept public feedback on the proposal until November 8. Final rules are expected to be issued next year.<\/p>\n","post_title":"Thai SEC Seeks Public Feedback On New Digital Asset Investment Rules","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thai-sec-seeks-public-feedback-on-new-digital-asset-investment-rules","to_ping":"","pinged":"","post_modified":"2024-10-12 03:20:13","post_modified_gmt":"2024-10-11 16:20:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19137","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n
  • The price also failed to test the trendline resistance at the daily chart, suggesting an ongoing bearish trend.<\/li>\n\n\n\n
  • ETH may retest the support at $2,110 if the price fails to secure its position above $2.5K this week.<\/li>\n<\/ul>\n\n\n\n

    <\/a>Ethereum Technical Analysis \u2013 ETH Daily Chart<\/h2>\n\n\n\n
    \"ETH
    ETH\/USD<\/a> shows no sign of bullish movements as the price dips below the 50 EMA. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n

    Ethereum denied a move above the $2.8K resistance level several times since the price broke the critical support at $2,815 on August 4. Recently, the price failed to exceed the $2.7K level, suggesting more supplies inside the $2.7K-$2.8K zone. Additionally, there is a bearish trendline on the daily chart, which offers a fresh resistance near $2.6K.<\/p>\n\n\n\n

    From a technical point, the price shows no sign of bullish movements anytime soon but indicates an upcoming bearish rally based on multiple factors. For instance, failing to break above $2.8K, sliding below the 50-EMA, and maintaining a position below the daily trendline resistance are all suggesting a potential downtrend ahead.<\/p>\n\n\n\n

    ETH\/USD must break the 50-EMA and the $2.7K level to avoid a deeper correction from the current stage. Otherwise, holland below these resistance levels for another week will only accelerate the growing supplies and crash the price below the critical support at $2,110.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC On Sideways Movement As The Price Stucks Between $60K and $65K, ETH Awaits BTC Lead While Holding Below $2.5K","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-on-sideways-movement-as-the-price-stucks-between-60k-and-65k-eth-awaits-btc-lead-while-holding-below-2-5k","to_ping":"","pinged":"","post_modified":"2024-10-14 04:05:42","post_modified_gmt":"2024-10-13 17:05:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19178","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19146,"post_author":"15","post_date":"2024-10-13 15:49:18","post_date_gmt":"2024-10-13 04:49:18","post_content":"\n

    Interest in digital asset exchange-traded funds (ETFs) continues to rise, with nearly half of the investors surveyed in a recent report expressing plans to invest in U.S.-based crypto ETFs. <\/p>\n\n\n\n

    The report<\/a>, published by Charles Schwab, reveals that millennials and older generations are showing increased interest in these financial products, reflecting a broadening appeal across age groups.<\/p>\n\n\n\n

    According to the findings, 45% of respondents plan to invest in digital assets via ETFs in the coming year, a notable increase from 38% the previous year. The report further highlights that ETF investors have become more optimistic about multiple sectors, with a growing number viewing cryptocurrencies as a viable investment opportunity.<\/p>\n\n\n\n

    \nhttps:\/\/twitter.com\/EricBalchunas\/status\/1844381251039527041\n<\/div><\/figure>\n\n\n\n

    See Related:<\/em><\/strong> What's Behind The $530M CryptoPunk #9998<\/a><\/p>\n\n\n\n

    The Bitcoin ETF Era<\/h2>\n\n\n\n

    ETFs are widely used investment tools that allow investors to purchase shares linked to assets like gold and Bitcoin. The U.S. approved Bitcoin spot ETFs in January now hold 951,900 Bitcoin, representing 4.82% of the total Bitcoin supply.<\/p>\n\n\n\n

    \"\"<\/figure>\n\n\n\n

    This influx has been largely driven by institutional investors, with many major players buying shares in these ETFs. In the Q3 report, the number of institutions engaged in Bitcoin ETFs rose significantly<\/a>, reflecting growing confidence in the asset. Companies like MicroStrategy, Semler Scientific and Metaplanet have also embraced Bitcoin, incorporating it into their long-term investment strategies.<\/p>\n\n\n\n

    <\/p>\n","post_title":"Charles Schwab Survey Says Nearly Half Of Investors Plan To Dive Into Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"charles-schwab-survey-says-nearly-half-of-investors-plan-to-dive-into-crypto-etfs","to_ping":"","pinged":"","post_modified":"2024-10-13 15:49:26","post_modified_gmt":"2024-10-13 04:49:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19146","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19137,"post_author":"15","post_date":"2024-10-12 03:19:59","post_date_gmt":"2024-10-11 16:19:59","post_content":"\n

    The Thai Securities and Exchange Commission (SEC) has proposed <\/a>new rules allowing mutual and private funds to invest in digital assets. The goal is to match global trends and meet growing interest from institutional investors.<\/p>\n\n\n\n

    A draft proposal was published, seeking public feedback on the updated investment criteria for digital assets.<\/p>\n\n\n\n

    The SEC plans to let securities firms and asset managers offer services to large investors. This includes allowing investors to diversify their portfolios into crypto products like exchange-traded funds (ETFs). The changes aim to align with international developments and offer more options for expert-managed investments.<\/p>\n\n\n\n

    See Related:<\/em><\/strong> Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility<\/a><\/p>\n\n\n\n

    Growing Demand For Bitcoin ETFs<\/h2>\n\n\n\n

    The proposal follows the rising global demand for Bitcoin and Ethereum ETFs, which launched in the U.S. this year. The SEC noted that while Thai investors could access these ETFs abroad, local rules have lagged. The current framework for mutual funds, introduced in 2015, needs to be updated.<\/p>\n\n\n\n

    The new rules would limit retail mutual funds to a 15% allocation in crypto investments. Funds for institutional and high-net-worth investors would have no cap but must diversify to manage risks. Fund managers will need to follow strict guidelines when temporarily holding digital assets like Bitcoin or Ethereum. These assets can only be held for five business days for trading purposes.<\/p>\n\n\n\n

    The SEC will accept public feedback on the proposal until November 8. Final rules are expected to be issued next year.<\/p>\n","post_title":"Thai SEC Seeks Public Feedback On New Digital Asset Investment Rules","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thai-sec-seeks-public-feedback-on-new-digital-asset-investment-rules","to_ping":"","pinged":"","post_modified":"2024-10-12 03:20:13","post_modified_gmt":"2024-10-11 16:20:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19137","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n
  • Ethereum failed to break the dynamic resistance at 50-EMA ($2,528) since the price got rejected from the $2.7K level.<\/li>\n\n\n\n
  • The price also failed to test the trendline resistance at the daily chart, suggesting an ongoing bearish trend.<\/li>\n\n\n\n
  • ETH may retest the support at $2,110 if the price fails to secure its position above $2.5K this week.<\/li>\n<\/ul>\n\n\n\n

    <\/a>Ethereum Technical Analysis \u2013 ETH Daily Chart<\/h2>\n\n\n\n
    \"ETH
    ETH\/USD<\/a> shows no sign of bullish movements as the price dips below the 50 EMA. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n

    Ethereum denied a move above the $2.8K resistance level several times since the price broke the critical support at $2,815 on August 4. Recently, the price failed to exceed the $2.7K level, suggesting more supplies inside the $2.7K-$2.8K zone. Additionally, there is a bearish trendline on the daily chart, which offers a fresh resistance near $2.6K.<\/p>\n\n\n\n

    From a technical point, the price shows no sign of bullish movements anytime soon but indicates an upcoming bearish rally based on multiple factors. For instance, failing to break above $2.8K, sliding below the 50-EMA, and maintaining a position below the daily trendline resistance are all suggesting a potential downtrend ahead.<\/p>\n\n\n\n

    ETH\/USD must break the 50-EMA and the $2.7K level to avoid a deeper correction from the current stage. Otherwise, holland below these resistance levels for another week will only accelerate the growing supplies and crash the price below the critical support at $2,110.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC On Sideways Movement As The Price Stucks Between $60K and $65K, ETH Awaits BTC Lead While Holding Below $2.5K","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-on-sideways-movement-as-the-price-stucks-between-60k-and-65k-eth-awaits-btc-lead-while-holding-below-2-5k","to_ping":"","pinged":"","post_modified":"2024-10-14 04:05:42","post_modified_gmt":"2024-10-13 17:05:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19178","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19146,"post_author":"15","post_date":"2024-10-13 15:49:18","post_date_gmt":"2024-10-13 04:49:18","post_content":"\n

    Interest in digital asset exchange-traded funds (ETFs) continues to rise, with nearly half of the investors surveyed in a recent report expressing plans to invest in U.S.-based crypto ETFs. <\/p>\n\n\n\n

    The report<\/a>, published by Charles Schwab, reveals that millennials and older generations are showing increased interest in these financial products, reflecting a broadening appeal across age groups.<\/p>\n\n\n\n

    According to the findings, 45% of respondents plan to invest in digital assets via ETFs in the coming year, a notable increase from 38% the previous year. The report further highlights that ETF investors have become more optimistic about multiple sectors, with a growing number viewing cryptocurrencies as a viable investment opportunity.<\/p>\n\n\n\n

    \nhttps:\/\/twitter.com\/EricBalchunas\/status\/1844381251039527041\n<\/div><\/figure>\n\n\n\n

    See Related:<\/em><\/strong> What's Behind The $530M CryptoPunk #9998<\/a><\/p>\n\n\n\n

    The Bitcoin ETF Era<\/h2>\n\n\n\n

    ETFs are widely used investment tools that allow investors to purchase shares linked to assets like gold and Bitcoin. The U.S. approved Bitcoin spot ETFs in January now hold 951,900 Bitcoin, representing 4.82% of the total Bitcoin supply.<\/p>\n\n\n\n

    \"\"<\/figure>\n\n\n\n

    This influx has been largely driven by institutional investors, with many major players buying shares in these ETFs. In the Q3 report, the number of institutions engaged in Bitcoin ETFs rose significantly<\/a>, reflecting growing confidence in the asset. Companies like MicroStrategy, Semler Scientific and Metaplanet have also embraced Bitcoin, incorporating it into their long-term investment strategies.<\/p>\n\n\n\n

    <\/p>\n","post_title":"Charles Schwab Survey Says Nearly Half Of Investors Plan To Dive Into Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"charles-schwab-survey-says-nearly-half-of-investors-plan-to-dive-into-crypto-etfs","to_ping":"","pinged":"","post_modified":"2024-10-13 15:49:26","post_modified_gmt":"2024-10-13 04:49:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19146","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19137,"post_author":"15","post_date":"2024-10-12 03:19:59","post_date_gmt":"2024-10-11 16:19:59","post_content":"\n

    The Thai Securities and Exchange Commission (SEC) has proposed <\/a>new rules allowing mutual and private funds to invest in digital assets. The goal is to match global trends and meet growing interest from institutional investors.<\/p>\n\n\n\n

    A draft proposal was published, seeking public feedback on the updated investment criteria for digital assets.<\/p>\n\n\n\n

    The SEC plans to let securities firms and asset managers offer services to large investors. This includes allowing investors to diversify their portfolios into crypto products like exchange-traded funds (ETFs). The changes aim to align with international developments and offer more options for expert-managed investments.<\/p>\n\n\n\n

    See Related:<\/em><\/strong> Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility<\/a><\/p>\n\n\n\n

    Growing Demand For Bitcoin ETFs<\/h2>\n\n\n\n

    The proposal follows the rising global demand for Bitcoin and Ethereum ETFs, which launched in the U.S. this year. The SEC noted that while Thai investors could access these ETFs abroad, local rules have lagged. The current framework for mutual funds, introduced in 2015, needs to be updated.<\/p>\n\n\n\n

    The new rules would limit retail mutual funds to a 15% allocation in crypto investments. Funds for institutional and high-net-worth investors would have no cap but must diversify to manage risks. Fund managers will need to follow strict guidelines when temporarily holding digital assets like Bitcoin or Ethereum. These assets can only be held for five business days for trading purposes.<\/p>\n\n\n\n

    The SEC will accept public feedback on the proposal until November 8. Final rules are expected to be issued next year.<\/p>\n","post_title":"Thai SEC Seeks Public Feedback On New Digital Asset Investment Rules","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thai-sec-seeks-public-feedback-on-new-digital-asset-investment-rules","to_ping":"","pinged":"","post_modified":"2024-10-12 03:20:13","post_modified_gmt":"2024-10-11 16:20:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19137","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n