Thailand’s Securities and Exchange Commission has confirmed it will expand crypto exchange-traded funds beyond Bitcoin. The regulator is drafting new rules that would allow ETFs for other cryptocurrencies, with Ethereum already approved through the MFC Ethereum ETF Tracker Fund.

SEC Secretary-General Pornanong Budsaratragoon said the regulator is considering basket products that could include multiple digital assets such as Solana. The move is part of a broader policy to diversify investment products and align with international ETF offerings.

The expansion follows Thailand’s approval of its first Ethereum ETF, launched in September 2025. That product made Thailand one of the first Asian jurisdictions outside Hong Kong to allow regulated ETH exposure for retail investors.

ETF growth is expected to increase liquidity and attract more institutional adoption in Thailand’s crypto sector. Binance executives have noted the country’s role as a regional hub, and expanded ETF products are seen as a driver of participation.