
{"id":237824,"date":"2026-10-09T16:14:55","date_gmt":"2026-10-09T16:14:55","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=237824"},"modified":"2026-10-09T16:14:55","modified_gmt":"2026-10-09T16:14:55","slug":"btc-usd-outlook-thailand-opens-bitcoin-etf-route-on-oct-16","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=237824","title":{"rendered":"BTC USD Outlook: Thailand Opens Bitcoin ETF Route on Oct 16"},"content":{"rendered":"<p>Thailand\u2019s Securities and Exchange Commission (SEC) has finalized 11 notifications creating a regulated route for locally established Bitcoin and Ether exchange-traded funds (ETFs). For anyone tracking BTC USD, October 16 is a regulatory start date, not a confirmed launch day.<\/p>\n<p>The first phase covers only Bitcoin (BTC) and Ether (ETH). Each fund must be passive, track a single crypto asset, and keep an average net exposure of at least 80% to that asset across each fiscal year.<\/p>\n<p>It is designed to follow one coin\u2019s price, not to actively trade a basket. The underlying coins must be held with digital-asset custodians supervised by the SEC, and the funds can trade only on the SET.<\/p>\n<p>Each asset manager still needs approval for its own fund before anything can be listed on the Stock Exchange of Thailand (SET).<\/p>\n<p>JUST IN:  Thailand\u2019s SEC approves <a href=\"https:\/\/x.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$BTC<\/a> and <a href=\"https:\/\/x.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$ETH<\/a> ETFs with trading starting October 16. <a href=\"https:\/\/t.co\/hKLGvgdrAM\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/hKLGvgdrAM<\/a><\/p>\n<p>\u2014 Whale Insider (@WhaleInsider) <a href=\"https:\/\/x.com\/WhaleInsider\/status\/2108461888358977680?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">October 9, 2026<\/a><\/p>\n\n<p><a href=\"https:\/\/99bitcoins.com\/goto\/kraken\" class=\"sc-button sc-button-green sc-button-medium\" target=\"_blank\" rel=\"noopener\"><span>Discover 800+ Trading Pairs You Can Trust With Kraken<\/span><\/a><\/p>\n<h2>What Must Thailand\u2019s Bitcoin and Ether ETFs Do, and Who Can Buy Them?<\/h2>\n<p>The first phase covers only Bitcoin (BTC) and Ether (ETH). Each fund must be passive and track a single coin, keeping at least 80% average net exposure to it across each fiscal year. The coins must sit with SEC-supervised digital-asset custodians, and the funds can trade only on the SET.<\/p>\n<p>The framework names no second exchange and no over-the-counter route. Domestic mutual funds and private funds can also invest in locally established crypto ETFs, within existing investment limits.<\/p>\n<p>Investor protections narrow retail access. Brokers cannot provide margin for these purchases. Before trading, buyers must receive an explanation of the fund\u2019s structure and risks and confirm they understand it.<\/p>\n<p>Access to foreign products is restricted too: Thai securities firms cannot help customers buy overseas crypto ETFs unless they are institutional or ultra-high-net-worth investors, and depositary receipts linked to foreign crypto ETFs are prohibited for now.<\/p>\n<p>That distinction also applies to other crypto fund filings, including a <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/zcash-etf-wink-filing\/\" target=\"_blank\" rel=\"noopener\">Zcash ETF filing<\/a>; in Thailand, individual funds require SEC approval. The SEC\u2019s earlier <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/thailand-bitcoin-etf-news-sec-consultation\/\" target=\"_blank\" rel=\"noopener\">consultation on locally listed Bitcoin and Ether ETFs<\/a> preceded the finalized notifications.<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-100x-crypto\/\" target=\"_blank\" rel=\"noopener\">10+ Next Crypto to 100X In 2026<\/a><\/strong><\/p>\n<h2>Can Thailand\u2019s ETF Rules Move BTC USD While Local Trading Shrinks?<\/h2>\n<p>The framework arrives as Thai crypto activity weakens. SEC data show active exchange accounts at 121,000 in July 2026, down from about 265,000 in 2024 and 21.82% lower than the previous month. Daily trading value fell 27.13% month over month to 1,378 million baht. Stablecoins made up 66% of trading volume, compared with 16% for Bitcoin. These figures describe local exchange activity, not demand for the new ETFs.<\/p>\n<p>The rules also don\u2019t explain the latest BTC USD moves. Bitcoin dipped below $81,000 on October 8 as liquidations topped $1.1 billion, and <a class=\"general-link\" href=\"https:\/\/sosovalue.com\/assets\/etf\/us-btc-spot\" target=\"_blank\" rel=\"noopener\">U.S. spot Bitcoin ETFs<\/a> saw $244 million in outflows that day, after a heavier session the day before. BTC USD has since recovered to about $82,593.<\/p>\n<p>The support level indicated held, but following the excellent gains of the past few days, I preferred not to take any risks.<a href=\"https:\/\/x.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$BTC<\/a> now needs to recover the 84,500 level on the 12-hour chart: a break above this level would pave the way for a continued uptrend. If not, I expect\u2026 <a href=\"https:\/\/t.co\/zvXNF8VBJD\" target=\"_blank\" rel=\"noopener\">https:\/\/t.co\/zvXNF8VBJD<\/a> <a href=\"https:\/\/t.co\/JXEha90r1Y\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/JXEha90r1Y<\/a><\/p>\n<p>\u2014 EliZ (@eliz883) <a href=\"https:\/\/x.com\/eliz883\/status\/2108523745933512907?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">October 9, 2026<\/a><\/p>\n\n<p>For now, the practical milestone is permission to bring qualifying funds to market. A first trading session still depends on an asset manager securing product approval and completing the SET listing process. Until a fund is named, the effect on BTC USD is a story for later, not today.<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-coinbase-listings\/\" target=\"_blank\" rel=\"noopener\">15+ Upcoming Coinbase Listings to Watch in 2026<\/a><\/strong><\/p>\n<p>Follow 99Bitcoins on<a href=\"https:\/\/x.com\/99BitcoinsHQ\" target=\"_blank\" rel=\"noopener\"> X<\/a> For the Latest Market Updates and Subscribe on<a href=\"https:\/\/www.youtube.com\/@99bitcoins\" target=\"_blank\" rel=\"noopener\"> YouTube<\/a> For Daily Expert Market Analysis.<\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/thailand-bitcoin-etf-rules-btc-usd\/\">BTC USD Outlook: Thailand Opens Bitcoin ETF Route on Oct 16<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Thailand\u2019s Securities and Exchange Commission (SEC) has finalized 11 notifications creating a regulated route for locally established Bitcoin and Ether exchange-traded funds (ETFs). For anyone tracking BTC USD, October 16 is a regulatory start date, not a confirmed launch day. The first phase covers only Bitcoin (BTC) and Ether (ETH). Each fund must be passive, [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-237824","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/237824"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=237824"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/237824\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=237824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=237824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=237824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}