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Thailand SEC says asset managers eye crypto ETFs but none has applied

Thailand's regulator says several asset managers have asked about launching spot Bitcoin and Ether ETFs under rules that took effect on Friday, but no formal application has been filed.

Why it matters: The framework opens the door to locally listed spot Bitcoin and Ether ETFs in Thailand, giving the regulator's approval process a direct bearing on how Thai investors access crypto.

InvestIn.News NewsDesk · 1 min read
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Picture from Cointelegraph for: Thailand SEC says asset managers eye crypto ETFs but none has applied
Image: Cointelegraph
Original reporting: Helen Partz, Cointelegraph

Key points

  • Thailand's new spot crypto ETF rules took effect on Friday, covering locally listed Bitcoin and Ether funds.
  • The SEC told Cointelegraph that several asset managers sought consultations but none has applied for approval.
  • ONE Asset Management won approval for a Bitcoin ETF-linked fund in 2024; MFC Asset Management later launched a fund using BlackRock's IBIT.

Thailand's SEC says asset managers are circling its new crypto ETF regime, though none has yet applied. Several asset management companies have approached the regulator for talks about launching crypto ETFs, it told Cointelegraph, but no company has submitted an application to set one up. The SEC did not name the firms involved.

The rules took effect on Friday and let asset managers create locally listed spot Bitcoin and Ether ETFs. The regulator said it was too early to say whether the first products would be approved before the end of 2026. Timing would hinge on how ready applicants are, how the reviews go and what investor protection requires, it said.

Thai investors can already get Bitcoin exposure through funds tied to overseas ETFs.

What to watch: The SEC will assess applications once asset managers file them, with approval before the end of 2026 dependent on applicants' readiness and its reviews.

Read the full story on Cointelegraph

Live updates on NewsFeeds:ETFsBitcoinDesk editor: Keshav Aggarwal (accountable for this page; this summary was not edited by hand)

How this was produced: an AI model wrote this summary of Cointelegraph’s report, which we credit and link above. Read our Editorial and AI policy. Spotted a mistake? See Corrections.

Not investment advice. Read the risk disclaimer.

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