Quick breakdown
- Thai SEC is drafting rules to expand crypto ETFs beyond Bitcoin, allowing multi-asset exposure.
- The move follows a surge in U.S. crypto ETFs, including Solana, XRP, and Dogecoin funds.
- Thailand aims to attract young investors and strengthen its position as a crypto hub.
The Securities and Exchange Commission (SEC) of Thailand is preparing to widen its crypto investment options by allowing exchange-traded funds (ETFs) backed by digital assets beyond Bitcoin.
Thailand is shaking things up in the crypto world! With a new ETF push expanding beyond just Bitcoin, it\’s clear they’re ready to embrace a diverse digital asset future. Who\’s ready to explore the wider crypto universe? The Thai crypto wave is just getting started!
— Carter (@aiagentrader) October 2, 2025
According to SEC secretary-general Pornanong Budsaratragoon, the regulator is working with other agencies to draft rules that will enable local mutual funds and institutions to offer a broader range of crypto ETFs to both domestic and foreign investors.
Broadening ETF access beyond Bitcoin
Thailand’s current framework only permits investors to gain crypto exposure by directly purchasing tokens on exchanges or investing in overseas funds through third-party managers. The SEC now wants to expand that access.
“Our possibility now is to broaden the criteria for the crypto such as a basket of cryptocurrencies. We want to have broader supply of those crypto assets in the ETFs,”
said Pornanong.
The new initiative would allow ETFs backed by multiple cryptocurrencies, including altcoins, to hit the market, giving investors diversified access in a regulated environment.
Riding the global crypto ETF wave
The Thai SEC’s move comes at a time when global markets, especially the U.S., are experiencing a surge in crypto ETFs. October has been dubbed “ETF Month,” with the U.S. Securities and Exchange Commission expected to approve as many as 16 new funds tied to Solana, XRP, Litecoin, Dogecoin, and others.
By embracing similar diversification, Thailand aims to strengthen its position as a crypto-friendly hub in Southeast Asia and attract more institutional and retail participation.
Targeting young investors and crypto tourism
Pornanong highlighted that young investors are a key demographic driving demand for crypto-based investment products. Offering ETFs without restrictions would allow them to diversify portfolios while staying within regulated financial channels.
This effort aligns with broader government strategies to integrate tokenized products into mainstream investments. Additionally, Thailand is preparing to launch a cryptocurrency sandbox for foreign tourists in July 2025, jointly overseen by the SEC and the central bank, with support from Gulf Binance.
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