Thailand's SEC Consults on Bitcoin and Ether ETF Framework

Thailand's Securities and Exchange Commission has opened a public consultation on draft rules for Bitcoin and Ether exchange-traded funds, according to Cointelegraph's reporting. The framework sets an 80% average net exposure threshold for the underlying assets and requires the ETFs to be listed locally. The consultation period runs through September 20, giving market participants and institutions a window to submit feedback on the proposed structure. Per Cointelegraph, the framework also includes qualification standards for foreign digital asset custodians handling the underlying Bitcoin and Ether holdings. The move places Thailand among Asian regulators actively developing infrastructure for crypto-linked securities. A spot ETF framework gives institutional investors and retail accounts a regulated channel to gain exposure to Bitcoin and Ether without holding the assets directly, addressing custody and settlement concerns that have historically slowed adoption in conservative markets. The custodian qualification standard indicates Thailand's regulator is establishing gates for which foreign institutions can underpin the product chain. The consultation closes September 20, but no approval date or implementation timeline has been announced in available reporting.