Thailand approves Bitcoin and Ethereum ETFs on its stock exchange

Thailand’s Securities and Exchange Commission has opened the Stock Exchange of Thailand to locally established Bitcoin and Ethereum ETFs.

From 16 October 2026, exchange-traded funds (ETFs) tracking Bitcoin and Ethereum will be able to trade on the Stock Exchange of Thailand (SET), the country’s main stock exchange. The Securities and Exchange Commission of Thailand (SEC) announced that the permission applies only to crypto ETFs established locally, and that Bitcoin and Ethereum will be the only digital assets eligible for ETF listings during the initial rollout.

How the products are structured

Under the regulator’s framework, each crypto ETF must operate as a passive investment fund built to follow the spot price of either Bitcoin or Ethereum. The funds are therefore not permitted to pursue active strategies, and their performance is tied directly to the market price of the underlying asset.

The structure gives Thai investors a route to exposure to the two cryptocurrencies through regulated securities products, rather than requiring them to buy the assets directly and manage their storage. In practice, this places crypto exposure inside a listed, exchange-traded format on the SET, removing the need for investors to hold the underlying assets themselves.