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Under the name of ONE Bitcoin ETF Fund of Funds Unhedged, the new fund was planned to be distributed between 31 May and 6 June 2024.Securities and Exchange Commission (SEC) of Thailand has approved One Asset Management (ONEAM) to launch the first spot Bitcoin exchange-traded fund (ETF) of the country. As per reports, the new fund would be distributed between 31 May 2024 and 6 June 2024 under the name ONE Bitcoin ETF Fund of Funds Unhedged and not for Retail Investors (ONE-BTCETFOF-UI), according to a recent report from Bangkok Post. However, the investment will only be available to wealthy and institutional investors, due to volatility. As per reports, ONEAM recommended investors allocate 5% of their portfolio to Bitcoin, expecting an annual return of 8.90%. Although it may increase overall portfolio volatility, the allocation is expected to improve expected returns and Sharpe ratio, a measure of risk-adjusted returns. 
 The Securities and Exchange Commission (SEC) of Thailand has approved One Asset Management (ONEAM) to launch the country's first spot Bitcoin exchange-traded fund (ETF). The ETF, named the ONE Bitcoin ETF Fund of Funds Unhedged, is scheduled to be distributed between May 31 and June 6, 2024. However, it is important to note that this fund is limited to wealthy and institutional investors