Thailand Securities and Exchange Commission: Will allow Bitcoin and Ethereum ETFs to trade on the Stock Exchange of Thailand

The Securities and Exchange Commission (SEC) of Thailand has completed the formulation of relevant rules, allowing cryptocurrency exchange-traded funds (ETFs) to be listed and traded on the Stock Exchange of Thailand, initially limited to Bitcoin and Ethereum. The rules will take effect on October 16, 2026.

Initially, products such as depositary receipts linked to overseas cryptocurrency ETFs are not allowed, and Thai brokers are still prohibited from assisting retail investors in investing in overseas cryptocurrency ETFs; institutional investors and ultra-high-net-worth individuals are not subject to this restriction. Mutual funds and private equity funds can invest in cryptocurrency ETFs established in Thailand. The relevant ETFs must adopt a passive investment approach, tracking the prices of the invested crypto assets, and ensure that the average net exposure of a single cryptocurrency reaches at least 80% of the net asset value within each accounting year. Brokers are not allowed to provide margin financing, and fund assets must be custodied by a digital asset custodian regulated by the SEC.