Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Thailand SEC issues bitcoin and ether ETF rules set to take effect Oct. 16

Thailand's SEC has limited initial crypto ETFs to bitcoin and ether, with new custody, exposure, and trading rules taking effect Oct. 16.

Thailand SEC issues bitcoin and ether ETF rules set to take effect Oct. 16

Thailand has finalized rules allowing Bitcoin and Ether exchange-traded funds (ETFs) to be listed on the country's main stock exchange, the Stock Exchange of Thailand. The Securities and Exchange Commission (SEC) announced that these crypto ETFs will commence trading exclusively on the Stock Exchange of Thailand starting October 16, 2026.

The SEC also amended its rules to permit mutual funds and private funds to invest in Thai-established crypto ETFs, expanding investment opportunities for Thai investors. However, brokers are barred from providing margin loans to purchase crypto ETFs. The SEC requires fund assets to be held with SEC-regulated digital asset custodians, and investors must understand the risks before trading.

Crypto ETFs must track the price of the underlying cryptocurrency, maintaining at least 80% net exposure to a single cryptocurrency over each accounting year. The SEC consulted on the proposed principles and draft regulations in April, May, August, and September, with most respondents supporting the proposals.

Written by urgent.news from Cointelegraph's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at theblock.co →

More in Finance & Markets

More from Friday 9 October →