Thailand opens its local stock exchange to Bitcoin and Ether ETFs starting October 16, enabling domestic asset managers to offer regulated crypto investment products to institutional and retail investors.
Thailand's regulatory update, effective October 16, permits local asset managers to list bitcoin ETFs on the domestic stock exchange. This policy shift is designed to expand institutional and retail investor access to bitcoin within a regulated framework.
The new regulations regarding crypto ETFs in Thailand take effect on October 16.
Following the regulatory change, ether is explicitly named as an eligible asset for new ETF products on the Thai stock exchange. This move facilitates broader institutional participation and provides a regulated vehicle for ether exposure in the Thai market.
Bitcoin and ether are the two cryptocurrencies initially eligible for listing under the new rules.
Thailand's financial regulators have finalized new rules allowing domestic asset managers to launch cryptocurrency ETFs on the local stock exchange. The policy, effective October 16, initially limits eligible underlying assets to Bitcoin and Ethereum, marking a significant shift in regional institutional access.
Under the new regulations effective October 16, only Bitcoin and Ethereum are currently eligible for inclusion in local exchange-traded funds.
The new rules specifically authorize local Thai asset managers to launch and manage these cryptocurrency-based ETFs on the domestic stock exchange.