Thailand Crypto ETF Plans Stretch to Ethereum, Solana, XRP — What Assets are Making the Cut? ⋆ ZyCrypto
The post Thailand Crypto ETF Plans Stretch to Ethereum, Solana, XRP — What Assets are Making the Cut? ⋆ ZyCrypto appeared on BitcoinEthereumNews.com.
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  Thailand is preparing to widen its cryptocurrency exchange-traded fund (ETF) market, with regulators signaling plans to move beyond Bitcoin and open the door to other digital assets. The Securities and Exchange Commission (SEC) confirmed that draft rules are being finalized to allow local funds and institutions to launch diversified crypto ETF products, with a rollout expected early next year, according to Bloomberg. Pornanong Budsaratragoon, secretary-general of the Thai SEC, said the aim is to broaden the criteria for ETFs to include a basket of cryptocurrencies, meeting growing investor demand. “Some investors, especially young people, prefer to have exposure to cryptocurrencies in their portfolios as a way to diversify,” she explained, stating that satisfying that need is one of their main tasks. The move comes as Thailand positions itself as a regional hub for digital assets, even though its stock market remains down 7.6% this year. The regulator is also pushing for a new bill that would expand oversight powers, allowing it to halt major transactions in cases of financial irregularities and strengthen enforcement against insider trading. Advertisement
  What altcoins could make the list? While the SEC has not disclosed which assets could be included, market watchers point to Ethereum (ETH), Solana (SOL), and XRP as likely candidates. Ethereum, the world’s second-largest cryptocurrency, has already seen significant institutional traction. CoinShares data shows that nearly all firms with ETH ETF exposure are the same institutions heavily invested in Bitcoin ETFs, suggesting Ethereum is becoming the natural second choice for allocators despite its still-limited adoption. Meanwhile, Solana has captured attention from both retail and institutional players. According to The Block’s ETF tracker, spot and futures-based Solana ETFs are already live in the U.S., with more pending applications from issuers like Grayscale and VanEck. XRP is another strong…
Filed under: News - @ October 14, 2025 7:27 pm