Thailand SEC Proposes Crypto ETF Framework, Prioritizing Domestic Institutions

BitcoinWorld Thailand SEC Proposes Crypto ETF Framework, Prioritizing Domestic Institutions Thailand’s Securities and Exchange Commission (SEC) has unveiled a draft regulatory framework that would permit the creation of passive exchange-traded funds (ETFs) tracking Bitcoin or Ethereum as single-asset products.

The proposal, which is open for public comment until September 20, outlines a structure that would initially favor domestic financial institutions and limit direct retail access to overseas-linked crypto ETFs.

Framework Details and Institutional Advantage Under the proposed rules, newly created crypto ETFs would be listed exclusively on the Stock Exchange of Thailand (SET).

Custody of the underlying digital assets would need to be entrusted primarily to local custodians regulated by Thailand’s SEC. This arrangement is designed to give domestic asset managers and custodians a competitive edge in the emerging market.