🚨 Thailand just opened the door to spot crypto ETFs.

The SEC is collecting public comments on draft rules for $BTC and $ETH exchange-traded funds. Approval would give Southeast Asia a regulated institutional gateway — right as global adoption accelerates.

The macro backdrop adds fuel:

• Fed's Barkin warns rising US debt may scare off Treasury buyers

• Eroding faith in sovereign bonds strengthens the hard-asset thesis

• BTC holds near 78,590 after an interval buy signal printed

Meanwhile, $XRP cooled off after a vertical bounce hit resistance — rotation capital is hunting fresh narratives.

Will Asia's ETF wave outpace US approval momentum? Drop your take below. 👇