Thailand Moves Closer to Local Bitcoin and Ether ETFs
Thailand’s Securities and Exchange Commission has released draft regulations for locally listed spot Bitcoin and Ether ETFs, advancing plans to expand institutional access to digital assets.
Under the proposal, asset managers would initially be allowed to launch passive ETFs tracking either Bitcoin or Ether, with the products trading exclusively on the Stock Exchange of Thailand (SET).
Each ETF would need to maintain average net exposure of at least 80% of its net asset value to the underlying cryptocurrency during each accounting year.
The SEC is also revising its crypto custody framework. Thai-based digital asset custodians would remain the primary providers, although qualified foreign custodians could be permitted when necessary if they meet regulatory and investor-protection standards.
Thai mutual and private funds would also be allowed to invest in domestically issued crypto ETFs, alongside eligible foreign crypto ETFs under existing investment limits.
The SEC is accepting public comments on both proposals until Sept. 20, 2026.
Thailand’s Securities and Exchange Commission has released draft regulations for locally listed spot Bitcoin and Ether ETFs, advancing plans to expand institutional access to digital assets.
Under the proposal, asset managers would initially be allowed to launch passive ETFs tracking either Bitcoin or Ether, with the products trading exclusively on the Stock Exchange of Thailand (SET).
Each ETF would need to maintain average net exposure of at least 80% of its net asset value to the underlying cryptocurrency during each accounting year.
The SEC is also revising its crypto custody framework. Thai-based digital asset custodians would remain the primary providers, although qualified foreign custodians could be permitted when necessary if they meet regulatory and investor-protection standards.
Thai mutual and private funds would also be allowed to invest in domestically issued crypto ETFs, alongside eligible foreign crypto ETFs under existing investment limits.
The SEC is accepting public comments on both proposals until Sept. 20, 2026.