TLDR
- Thailand’s SEC will introduce crypto ETFs for Ethereum, Solana, and other altcoins.
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The Thai government is continuing its crypto-friendly policies under new leadership.
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New ETFs aim to attract young investors seeking portfolio diversification.
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Thailand’s SEC also plans to expand its digital asset initiatives with government bonds.
Thailand is set to broaden its cryptocurrency exchange-traded fund (ETF) offerings, moving beyond Bitcoin. On October 2, 2025, the Securities and Exchange Commission (SEC) of Thailand announced its plans to introduce ETFs that include a wider range of cryptocurrencies. This decision follows the growing demand for more diverse investment opportunities in the country’s rapidly expanding crypto market.
Under the new plans, the SEC intends to allow local mutual funds and institutions to issue ETFs that include cryptocurrencies like Ethereum and Solana, along with Bitcoin. This shift represents a strategic move to attract institutional investors and provide more options for Thai investors who wish to diversify their portfolios with digital assets. Thailand’s first Bitcoin ETF was approved earlier in 2024, but this new initiative will open the door to a broader selection of cryptocurrencies.
New Leadership Drives Continuity in Crypto Policies
Thailand’s recent leadership change sparked concerns that the country’s crypto-friendly stance might shift. The country’s new Prime Minister, Anutin Charnvirakul, took office in September 2025, replacing Paetongtarn Shinawatra.
While Shinawatra’s government had embraced crypto as part of its economic diversification strategy, Charnvirakul’s background in business rather than fintech led to speculation about possible changes in policy.
Despite these concerns, Charnvirakul has maintained the country’s pro-crypto direction. The announcement of expanding crypto ETFs beyond Bitcoin underlines the continuity of the country’s stance on digital assets. A key factor in this policy stability is the retention of Finance Minister Pichai Chunhavajira, who has remained in his post and continues to support the expansion of digital asset initiatives in Thailand.
SEC’s Role in Broadening Crypto Asset Investment
The Thai SEC’s decision to allow a wider range of digital assets in ETFs is a significant step for the country’s crypto ecosystem. According to SEC Secretary-General Pornanong Budsaratragoon, the agency is working to finalize guidelines that will enable local institutions to offer ETFs based on a basket of cryptocurrencies, such as Ethereum and Solana.
This approach is expected to attract more investors, particularly young people seeking ways to diversify their portfolios.
“We want to have a broader supply of those crypto assets in the ETFs,” said Budsaratragoon. This move aims to address the current limitations, where Thai investors primarily rely on foreign Bitcoin ETFs or direct purchases of cryptocurrencies. The expanded offerings will make it easier for local investors to gain exposure to a range of digital assets without the complexity of directly purchasing and managing tokens.
Attracting Younger Investors and Diversification
Thailand’s SEC is also targeting younger investors, who are increasingly interested in diversifying their portfolios with cryptocurrencies. The country’s financial regulators are looking to make digital assets more accessible by providing safer and more structured investment opportunities through ETFs.
By including a basket of cryptocurrencies, the SEC is catering to the growing demand for exposure to a range of assets, beyond just Bitcoin.
This strategic focus on attracting younger investors reflects the broader global trend of increasing interest in digital assets, especially among millennials and Gen Z. These groups are looking for innovative ways to invest, and the SEC’s expansion of crypto ETFs aims to meet that demand while providing additional liquidity to the market.
Future Outlook for Crypto ETFs and Digital Asset Growth
The SEC’s announcement comes as part of a larger effort to advance Thailand’s position in the global digital asset space. In addition to expanding ETFs, the government is also advancing digital asset projects like G-Tokens, a tokenized form of government bonds.
These efforts are designed to foster greater adoption of digital assets and establish a more robust financial ecosystem in Thailand.
Thailand’s regulatory approach appears to be a balanced one, offering opportunities for investors while ensuring that the sector remains secure and regulated. With the backing of the Thai government, the SEC’s expanded ETF offerings are likely to play a key role in driving further growth and investment in the country’s crypto markets. As Thailand positions itself as a crypto-friendly hub, it may attract international investors looking for a stable and regulated market in Asia.
