Thailand's Securities and Exchange Commission has set rules for crypto funds that take effect on October 16. The first phase covers only Bitcoin and Ether, and no issuer or trading date has been identified yet.
Thailand's SEC issued 11 notifications creating a regulatory framework for crypto exchange-traded funds, effective October 16, 2026. The first phase permits funds tied only to Bitcoin and Ether, with restrictions on portfolio construction, custody, listings and investor financing.
However, the effective date starts the rulebook rather than a confirmed market debut. As of October 9, no issuer, ticker or first trading date had been identified, according to TokenPost.
Only Bitcoin and Ether qualify in the first phase
The regulator announced the notifications on October 8 and said they become effective on October 16. Bitcoin and Ethereum are the only crypto assets eligible under the initial framework, the SEC said.
Funds tracking alternative tokens or diversified crypto baskets therefore fall outside the opening regime. The SEC announcement also does not identify additional eligible cryptocurrencies or set a timetable for expanding the list.
Passive funds must keep 80% exposure to one asset
Under the rules, an ETF must be passively managed and maintain average net exposure of at least 80% of net asset value to a single crypto asset during each accounting year. That design points to single-asset products rather than funds that rotate between Bitcoin, Ether and other holdings.
The SEC also requires funds to use digital-asset custodians it regulates. Their shares must be listed exclusively on the Stock Exchange of Thailand.
Investors must acknowledge risks, and margin loans are barred
Investors must acknowledge the risks before trading crypto ETFs, according to the SEC. Securities companies, meanwhile, cannot provide margin loans for crypto ETF purchases.
Whether and when a sponsor brings a product to market remains unresolved after the October 16 effective date.
Source: Crypto Daily™
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