Wu Blockchain has learned that the Thai Securities and Exchange Commission (SEC) is publicly soliciting opinions on the establishment and regulatory framework for local spot crypto ETFs. Initially, only Bitcoin and Ethereum investments will be allowed. The consultation period ends on September 20. According to the draft, the ETFs must adopt a passive management model, tracking the prices of the invested crypto assets. The annual average net exposure to a single crypto asset must not be less than 80% of the fund's net asset value (NAV) and can only be traded on stock exchanges. https://(wublock123.com)/news/thai-sec-publicly-solicits-opinions-on-local-spot-btc-and-eth-etf-rules-67175