Thailand's Securities and Exchange Commission (SEC) has released draft guidelines for establishing and regulating cryptocurrency ETFs in Thailand, enabling asset management companies (AMCs) to create ETF funds investing in Bitcoin and Ethereum via the stock exchange. The framework includes strict investor protections, mandatory use of regulated Digital Asset Custodians, passive management requirements (minimum 80% crypto net exposure), and enhanced disclosure standards. This represents a significant regulatory milestone for Thai retail and institutional investors seeking regulated crypto exposure, though initial offerings are limited to Bitcoin and Ethereum with strict custodial and qualification requirements for service providers.