{"id":79273,"date":"2026-10-09T07:37:26","date_gmt":"2026-10-09T07:37:26","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-price-sits-at-82k-as-thailand-opens-the-door-to-bitcoin-etfs\/"},"modified":"2026-10-09T07:37:26","modified_gmt":"2026-10-09T07:37:26","slug":"bitcoin-price-sits-at-82k-as-thailand-opens-the-door-to-bitcoin-etfs","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-price-sits-at-82k-as-thailand-opens-the-door-to-bitcoin-etfs\/","title":{"rendered":"Bitcoin Price Sits at $82K as Thailand Opens the Door to Bitcoin ETFs"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Thailand\u2019s SEC finalized 11 crypto ETF notices on Oct. 8, with bitcoin and ether ETFs allowed from Oct. 16.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Thai crypto exchange active accounts fell to 121,000 in July 2026, down from 265,000 in 2024.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Asset managers still need SEC approval per fund, so first listings could land after the Oct. 16 start.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Eleven Notices and One Exchange<\/h2>\n<p>The Securities and Exchange Commission (SEC) of Thailand issued <a href=\"https:\/\/grafa.com\/en\/news\/crypto\/thailand-finalises-rules-for-bitcoin-and-ether-etfs\" target=\"_blank\" rel=\"noopener noreferrer\">11 separate notifications<\/a> to build the framework, and the scope is narrow by design. Bitcoin (BTC) and ether (ETH) are the only crypto assets eligible in the first phase, although the regulator kept the discretion to widen the list later.<\/p>\n<p>Every fund has to be passive and must track a single crypto asset and keep at least 80% net exposure to it on average across each fiscal year. Moreover, coins must sit with digital-asset custodians supervised by the SEC, and the products can trade only on the Stock Exchange of Thailand (SET). There is no second venue and no over-the-counter workaround.<\/p>\n<p>Lastly, asset managers are not cleared to launch just because the rules take effect, because each manager <a href=\"https:\/\/x.com\/BSCNews\/status\/2108419324973338665\" target=\"_blank\" rel=\"noopener noreferrer\">still needs SEC approval for its product<\/a>, so Oct. 16 is the day the gate opens, not necessarily the first trading day.<\/p>\n<h2>Who Gets in and Who Gets Turned Away<\/h2>\n<p>Investor protections are strict as Thai brokers can\u2019t offer margin for crypto ETF purchases, and every buyer must receive an explanation of the product\u2019s structure and risks and confirm they understand it before trading.<\/p>\n<p>The bigger, more overarching narrative is what the rules keep out:<\/p>\n<ul>\n<li>Thai securities firms are still barred from helping retail clients buy overseas crypto ETFs, an exemption reserved for institutions and ultra-high-net-worth investors.<\/li>\n<li>Depositary receipts tied to foreign crypto ETFs are also prohibited for now.<\/li>\n<\/ul>\n<p>In plain terms, a retail investor in Bangkok who wants a regulated bitcoin fund will be steered toward a Thai-listed product instead of a U.S. one. Domestic mutual funds and private funds also get a new door and can now invest in locally established crypto ETFs, subject to <a href=\"https:\/\/grafa.com\/en\/news\/crypto\/thailand-finalises-rules-for-bitcoin-and-ether-etfs\" target=\"_blank\" rel=\"noopener noreferrer\">existing investment limits<\/a>, which could give the new products a base of institutional demand from day one.<\/p>\n<p>That said, none of this was a surprise as the SEC put the draft rules out for consultation in late August and gave the industry until Sept. 20 to respond. The final version kept the core design almost entirely intact.<\/p>\n<h2>A Market That Needs the Help<\/h2>\n<p>Despite these developments, the local crypto market is shrinking. Data from the Thai SEC, compiled in August, showed <a href=\"https:\/\/en.mgronline.com\/economy\/exposing-the-wounds-of-thailands-crypto-market-july-2026-sees-retail-investors-c\/\" target=\"_blank\" rel=\"noopener noreferrer\">active exchange accounts fell to 121,000 in July 2026<\/a>. That was down 21.82% in a single month and down from roughly 265,000 in 2024. Daily trading value slid 27.13% month over month to 1,378 million baht.<\/p>\n<p>The same data showed what Thai traders actually use exchanges for, i.e. stablecoins made up 66% of trading volume against 16% for bitcoin, which suggests the venues work more as a dollar bridge than as a place to build long-term crypto positions.<\/p>\n<p>Consequently, a fund wrapper on the main stock exchange is the regulator\u2019s attempt to pull that activity into a familiar, supervised product.<\/p>\n<p>Lastly, one can see that Thailand is opening its doors during a rough week, especially as bitcoin\u2019s price <a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoin-drops-below-81k-crypto-liquidations-top-1-billion\/\">dropped below $81,000<\/a> on Oct. 8 while liquidations topped $1.1 billion. Moreover, U.S. spot bitcoin ETFs had just logged a <a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoin-etfs-lose-487m-heaviest-daily-outflow-since-june\/\">$487 million outflow day<\/a>, their heaviest daily exit since June.<\/p>\n<div class=\"not-prose my-3 lg:my-4\">\n<div class=\"overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] hidden md:flex md:flex-row md:gap-3 lg:hidden\"><a aria-hidden=\"true\" tabindex=\"-1\" class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\" href=\"https:\/\/news.bitcoin.com\/bitcoin-drops-below-81k-crypto-liquidations-top-1-billion\/\"><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<p><\/a><\/div>\n<div class=\"overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] hidden lg:flex lg:flex-row lg:gap-4\"><a aria-hidden=\"true\" tabindex=\"-1\" class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\" href=\"https:\/\/news.bitcoin.com\/bitcoin-drops-below-81k-crypto-liquidations-top-1-billion\/\"><img alt=\"Bitcoin Price Drops Below $81K as Crypto Liquidations Top $1.1 Billion\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-oct8-2026-150x150.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-oct8-2026-150x150.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-oct8-2026-150x150.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-oct8-2026-150x150.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-oct8-2026-150x150.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-oct8-2026-150x150.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-oct8-2026-150x150.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-oct8-2026-150x150.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-oct8-2026-150x150.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-oct8-2026-150x150.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-oct8-2026-150x150.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-oct8-2026-150x150.png&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<p><\/a><\/p>\n<div class=\"flex min-w-0 flex-1 flex-col justify-center gap-2\">\n<p class=\"m-0 line-clamp-2 text-base leading-[1.3] !text-[#67656E]\">Bitcoin broke below $81,000 to an intraday low near $80,500, wiping out billions from its market cap. Over $1.1 billion\u2026<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/bitcoin-etf\/thailand-bitcoin-ether-etfs-rules-october-16\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Thailand\u2019s SEC finalized 11 crypto ETF notices on Oct. 8, with bitcoin and ether ETFs allowed from Oct. 16. Thai crypto exchange active accounts fell to 121,000 in July 2026, down from 265,000 in 2024. Asset managers still need SEC approval per fund, so first listings [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":79274,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/79273"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=79273"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/79273\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/79274"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=79273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=79273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=79273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}