Thailand SEC to Allow Bitcoin and Ether ETFs Starting October 16
The Securities and Exchange Commission of Thailand has issued new rules that will allow the launch of local cryptocurrency exchange-traded funds (ETFs) beginning October 16, 2026. Under the initial framework, these funds will be restricted to tracking the prices of Bitcoin (BITSTAMP:BTCUSD) and Ethereum (BITSTAMP:ETHUSD). The regulations require funds to maintain an average net exposure of at least 80% of their net asset value to the underlying crypto asset over each accounting year.
This regulatory shift changes the landscape for Thai institutional investors. Previously, domestic mutual funds and private funds could only invest in foreign cryptocurrency ETFs. Under the new rules, they will be permitted to buy locally listed crypto ETFs, which must trade exclusively on the Stock Exchange of Thailand and use custodians licensed by the regulator. However, the regulator has prohibited depositary receipts linked to foreign crypto ETFs during this initial phase and restricted foreign crypto ETF access to institutional and ultra-high-net-worth retail clients.
To protect investors, the regulator is implementing several safeguards. Securities firms are barred from offering margin loans to finance crypto ETF purchases, and retail investors must formally acknowledge the risks of digital assets before trading. Moving forward, the market will watch how local asset managers prepare for the mid-October launch and whether qualified digital asset firms can meet the financial and staffing requirements to supervise these new funds.
Key points
- Thailand's Securities and Exchange Commission issued rules for local crypto ETFs, set to take effect on October 16, 2026.
- The new framework initially limits eligible cryptocurrency assets to Bitcoin and Ethereum.
- Funds must trade on the Stock Exchange of Thailand and maintain at least 80% average net exposure to the underlying asset.
- Thai mutual and private funds can now invest in locally listed crypto ETFs, while margin loans for these purchases are banned.
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How we writeDisclaimerQuestions and answers
When do Thailand's new crypto ETF rules take effect?
The new regulatory framework issued by Thailand's Securities and Exchange Commission is scheduled to take effect on October 16, 2026.
Which cryptocurrencies are allowed under the new Thai ETF rules?
Initially, the rules only permit cryptocurrency exchange-traded funds to track the prices of Bitcoin and Ethereum.
Can retail investors buy crypto ETFs in Thailand under the new rules?
Yes, retail investors can buy local crypto ETFs but must acknowledge the risks first. However, securities firms cannot offer them margin loans to finance these purchases.