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Thailand Drafts Rules for Multi-Asset Crypto ETFs as Regulator Seeks Stronger Powers

Officials say broader ETF access is intended to draw younger investors into regulated products.

Overview

  • The Thai SEC is drafting regulations to let mutual funds and institutions offer ETFs that track baskets of cryptocurrencies beyond Bitcoin.
  • SEC secretary-general Pornanong Budsaratragoon said the goal is to expand the supply of crypto assets available through domestic ETFs.
  • A separate oversight bill, cleared by the prime minister’s law-drafting body, would let the SEC suspend major transactions and directly probe insider trading pending parliamentary approval.
  • Thai investors currently gain crypto exposure mainly by buying tokens directly or via asset managers investing in overseas ETFs, leaving limited local ETF options.
  • Momentum includes a tourist-focused crypto sandbox that entered public hearings in July 2025 and industry support from firms such as Binance and Kasikornbank, though no launch date for expanded ETFs has been confirmed.