Thailand’s New Crypto ETF Regulatory Framework Takes Effect

TL;DR Thailand has implemented new regulations allowing Bitcoin and Ethereum ETFs to be established and traded on its stock exchange. The funds must follow passive investment strategies, maintain a minimum average net exposure of 80%, and hold their underlying cryptocurrencies with regulated custodians. Investors must acknowledge the risks associated with these products and cannot use broker-provided margin loans to purchase them. Thailand has implemented its new regulatory framework for Bitcoin and Ethereum exchange-traded funds (ETFs) , allowing local asset managers to develop these products and trade them on the Stock Exchange of Thailand (SET). Thailand’s Securities and Exchange Commission (SEC) introduced 11 regulatory provisions covering fund structures, digital asset custody, intermediary obligations, and investor protection measures. During the initial phase, Bitcoin and Ethereum will be the only eligible cryptocurrencies .

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