Thailand Expands Crypto ETF Scope, Welcomes Tourist Investors
The Thai Securities and Exchange Commission (SEC) is set to expand its criteria for crypto assets in Exchange-Traded Funds (ETFs), aiming to include a basket of cryptocurrencies beyond Bitcoin. This move, along with the planned launch of a cryptocurrency sandbox for foreign tourists, signals a significant push to attract both local and Thai investors.
The Thai SEC is drafting new rules to allow Crypto ETFs that go beyond Bitcoin, with the goal of including more digital assets. This expansion is hoped to draw in more investor interest, both from within Thailand and internationally. The Thai government is preparing to launch a cryptocurrency sandbox in July 2025, jointly run by the Thai SEC and the central bank, with the support of Gulf Binance. This sandbox is intended for foreign tourists, providing them with a regulated environment to explore and invest in cryptocurrencies.
In the United States, October 2025 is slated to be a significant month for crypto ETFs, with the U.S. SEC potentially approving at least 16 crypto ETFs. These funds are expected to be pegged to a variety of altcoins, including Solana, XRP, Litecoin, and Dogecoin. While no specific institutional investment providers have been named in Thailand for offering crypto ETFs based on digital assets other than Bitcoin, the Thai SEC's move is expected to boost liquidity and exposure for more altcoins in the Thai market.
The Thai SEC's decision to broaden the criteria for crypto assets in ETFs is a strategic move to attract young investors and increase exposure to a wider range of cryptocurrencies. The upcoming cryptocurrency sandbox for foreign tourists further demonstrates the Thai government's commitment to fostering a robust and inclusive crypto ecosystem.
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