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【Thailand Releases Crypto ETF New Regulations, Initially Allowing Only ETF Investments in Bitcoin and Ethereum】October 9, the Securities and Exchange Commission of Thailand issued 11 sets of cryptocurrency ETF-related regulatory provisions, which will take effect on October 16. Initially, only ETF may invest in Bitcoin and Ethereum using a passive investment strategy. The annual average net exposure to a single crypto asset must not be less than the fund's net asset value, and the assets must be held by a regulated digital asset custodian.

In addition, the new regulations allow mutual funds and private funds to invest in Thailand's domestic crypto 80%; however, brokers are prohibited from providing financing for purchases. During the initial phase, brokers may not provide overseas crypto ETF investment services to clients other than institutional investors and ultra-high-net-worth investors.ETF