Thailand has begun exploring an expansion of its crypto ETFs market, with regulators considering funds tied to multiple digital assets beyond Bitcoin to strengthen the nationβs role as a regional hub for digital finance.
Key points:
- Thailandβs SEC is drafting new regulations to expand crypto ETFs beyond Bitcoin, offering investors broader and more regulated access to digital assets.
- The initiative follows similar moves in the U.S. and Hong Kong, signaling Thailandβs ambition to establish itself as a regional digital finance hub.
- Expanding crypto ETFs could attract greater institutional participation and capital inflows, reinforcing confidence in the countryβs growing crypto market.
According to a report by Bloomberg, Thailandβs Securities and Exchange Commission (SEC) has started drafting new regulations in collaboration with other agencies. The move is expected to pave the way for local mutual funds and institutional investors to launch crypto exchange-traded products once approvals are secured, with a rollout anticipated as early as next year.
Pornanong Budsaratragoon, secretary-general of Thailandβs SEC, has reportedly confirmed that the regulator plans to broaden the range of crypto assets available through exchange-traded funds (ETFs). The initiative is intended to provide investors with more regulated access to digital assets while allowing authorities to strengthen oversight of the rapidly evolving market.
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Thailandβs first spot Bitcoin ETF, managed by One Asset Management, received approval in 2024. At present, local investors can either purchase tokens directly or invest through licensed fund managers who allocate capital exclusively to overseas crypto ETFs. Structured as a βfund of funds,β the vehicle has enabled institutional clients to gain regulated exposure to Bitcoin via established global investment products.
Thailandβs push to expand its crypto ETFs positions the country alongside Hong Kong and other jurisdictions that are opening the door to similar products. The shift follows the U.S. rollout of spot Bitcoin ETFs earlier this year, made possible after a landmark court ruling cleared the way for their approval.
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Crypto ETFs Could Unlock New Pathways for SHIB Adoption
The expansion of Thailandβs crypto ETF market could create new avenues for assets like Shiba Inu to gain exposure among institutional and retail investors. While Bitcoin remains the flagship for most crypto ETFs, a diversified basket of tokens may open the door for altcoins with strong community backing and liquidity.
If SHIB were included in such funds, it could drive both adoption and inflows, offering investors a regulated channel to access the token. For Thailand, this would not only broaden market participation but also reinforce its ambition to become a regional hub for digital asset investment and innovation.
