Odaily Planet Daily News: The Securities and Exchange Commission (SEC) of Thailand has completed the formulation of relevant rules to allow 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.
In the initial phase, products such as depositary receipts linked to overseas cryptocurrency ETFs will not be permitted, and Thai securities firms 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 funds may invest in cryptocurrency ETFs established in Thailand.
The relevant ETFs must adopt a passive investment approach, track the prices of the crypto assets in which they invest, and ensure that the average net exposure to a single cryptocurrency reaches at least 80% of net asset value within each fiscal year. Securities firms may not provide margin financing, and fund assets must be custodied by digital asset custodians regulated by the SEC. (Cointelegraph)