Renowned market analyst Peter Brandt has shared a series of predictions that have set the Bitcoin world abuzz.

Known for his accurate forecasts, including bitcoin’s parabolic bull run in 2017, Brandt has recently made headlines with his latest outlook for bitcoin.

He suggests that the digital asset could reach new heights, potentially hitting between $130,000 and $150,000 by late August or early September 2025.

Brandt’s analysis centers around Bitcoin’s halving events, which occur approximately every four years and reduce the rewards for mining new blocks by half.

Historically, these events have been pivotal in bitcoin’s price trajectory, often marking the start…

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Thailand has officially approved its first spot Bitcoin exchange-traded fund (ETF), signaling a significant endorsement of cryptocurrency investments. The Thai Securities and Exchange Commission (SEC) has greenlit One Asset Management (ONEAM) to launch the ONE Bitcoin ETF Fund, with availability set from May 31 to June 6. Aimed at affluent and institutional investors, this move aligns with the SEC’s revised April guidelines focusing on professional investors.

This ETF will tap into 11 major global Bitcoin funds, ensuring robust liquidity and heightened security. By offering regulated Bitcoin exposure, the ONE Bitcoin ETF Fund mitigates risks such as theft, prevalent in direct cryptocurrency ownership. Meanwhile, MFC Asset Management is also in the queue, awaiting approval for its Bitcoin ETF, pointing to a growing institutional interest in regulated crypto assets in Thailand.

The global trend of accepting Bitcoin ETFs has seen jurisdictions like the USA, Hong Kong, Australia, and the UK facilitating easier access to Bitcoin investments. Thailand’s regulatory approval reflects a keen awareness of institutional demand for Bitcoin, potentially paving the way for broader acceptance and public offerings in the future.

Bangkok Post

Australia marks a significant milestone in cryptocurrency investment as Monochrome Asset Management debuts its Bitcoin ETF (IBTC) on the Cboe Australia exchange. Trading under the ticker IBTC, this is the nation’s first fund to offer direct Bitcoin holdings, differentiating it from other local spot Bitcoin ETFs which do not hold the cryptocurrency directly. The fund features a management fee of 0.98%.

IBTC fills a crucial gap by providing Australian investors real Bitcoin exposure under the protection of the Australian Financial Services Licensing regime. Prior to this, options were limited to ETFs that indirectly held Bitcoin or offshore products lacking domestic regulatory safeguards. This step reflects a broader, global trend toward secure, regulated cryptocurrency investments.

The introduction of IBTC follows the successful launch of similar Bitcoin ETFs in the United States and Europe. These products have enjoyed significant success, underscoring growing global confidence and interest in Bitcoin as an investment. With the new ETF, Australia is now poised to participate more fully in the expanding landscape of cryptocurrency investment.

Monochrome Asset Management