Thailand launches regulated Bitcoin and Ether ETFs from Oct 16, opening new crypto investment path.
Thailand's Securities and Exchange Commission has established a regulatory framework for Bitcoin and Ether exchange-traded funds (ETFs), effective from October 16. The new rules allow locally established ETFs to offer crypto exposure on the Stock Exchange of Thailand, with strict requirements including at least 80% net exposure to one cryptocurrency, passive management, and regulated custodians. Investors must be informed of risks and brokers cannot offer margin loans for these ETFs. This framework marks a significant step for crypto investment accessibility in Asia, though no specific ETFs or trading dates have been announced yet.
Thailand's Securities and Exchange Commission has established a regulatory framework for Bitcoin and Ether exchange-traded funds (ETFs), effective from October 16. The new rules allow locally established ETFs to offer crypto exposure on the Stock Exchange of Thailand, with strict requirements including at least 80% net exposure to one cryptocurrency, passive management, and regulated custodians. Investors must be informed of risks and brokers cannot offer margin loans for these ETFs. This framework marks a significant step for crypto investment accessibility in Asia, though no specific ETFs or trading dates have been announced yet.
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