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Thailand has joined the Bitcoin exchange-traded fund (ETF) trend by approving One Asset Management (ONEAM) to launch a Bitcoin ETF, as reported by the Bangkok Post. However, access to the instrument will be limited to wealthy and institutional investors. As approved by the Thai Securities and Exchange Commission (SEC), the ETF is named the ONE Bitcoin ETF ...
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Bitcoin price rose slightly this week after the relatively weak US manufacturing PMI numbers and as risky assets rebounded. The BTC/USD pair rose to the important psychological level of 70,000 for the first time in a week. The price of Bitcoin rebounded as the US dollar index (DXY) slumped after the weak manufacturing PMI report on Monday. According to the ...