Overview

• The Thai SEC is drafting a framework that would let local mutual funds and institutions launch ETFs tracking baskets of cryptocurrencies, with assets cited by officials including Ethereum and Solana.
• Thai investors currently rely on direct token purchases or domestic funds that invest in overseas crypto ETFs, a gap the new local products are intended to close.
• A companion bill to broaden the SEC’s enforcement powers has cleared the prime minister’s law‑drafting body and heads to parliament, granting tools to suspend major transactions and directly probe insider trading if approved.
• New rules take effect in October 2025 requiring firms that manage or transfer customer funds to use SEC‑approved auditors, extending oversight beyond exchanges and brokers.
• Some reports cite a potential rollout in early 2026, while officials emphasize goals such as attracting younger investors and building on initiatives like the June 2024 Bitcoin ETF, tokenized government bonds and a tourist digital‑asset sandbox.