Bitcoin ETF on SEC in Thailand

[ukrules]

I'm reading things about a Bitcoin ETF being approved in Thailand on Twitter

 

This is something I've been watching out for since the US approved theirs months back.

 

The 'news' so far reported by many on Twitter is 'Thailands SEC approves first Bitcoin spot ETF', a company named 'One Asset Management' has apparently been approved for managing this fund.

 

Is income from ETF products taxable in any way, I wonder if this type of fund falls under the general exemption for other SEC traded products?

 

Link : https://coingape.com/breaking-thailand-sec-approves-first-spot-bitcoin-etf/

 

Seems it's not quite a retail ETF though, but due to recent changes in the law I'm sure there will be more companies coming along to launch their own funds.