Overview
- On Aug. 24 the Thailand Securities and Exchange Commission opened public consultations on draft rules to allow locally established spot Bitcoin and Ether ETFs and set a comment deadline of Sept. 20, 2026.
- The draft confines initial products to passive, single‑asset funds that must maintain an average net exposure of at least 80% to the underlying crypto over each accounting year.
- Each ETF would trade exclusively on the Stock Exchange of Thailand and the framework gives priority to custody by SEC‑regulated Thai digital‑asset custodians while leaving conditional room for qualified foreign custodians later.
- The rules require asset managers, custodians and trustees to meet capital, staffing and operational standards and force clear investor disclosures plus mandatory risk acknowledgements before trading.
- The consultation builds on Thailand’s wider 2026 crypto work, including new derivatives rules and a 2024 institutional Bitcoin ETF, and is intended to grow local fund and custody capacity while keeping trading and fees onshore.