Five Things You Need to Know to Start Your Day: Asia

Good morning. SEC approves Bitcoin-Spot ETFs in milestone for digital assets. Fed’s Williams says rates high enough to cool inflation to goal, with investors gearing up for key US CPI data. Here’s what people are talking about. — Rita Nazareth

US regulators for the first time approved exchange-traded funds that invest directly in Bitcoin, a move heralded as a landmark event for the roughly $1.7 trillion digital-asset sector that will broaden access to the largest cryptocurrency on Wall Street and beyond. The Securities and Exchange Commission, whose three-part mandate includes investor protection, authorized 11 funds to begin trading Thursday.