That probably IS a thermocouple, and is part of the flame failure protection apparatus. There's a junction of two different metals inside the bulb, which generate a voltage when the bulb gets hot. The capillary tube contains two wires (or maybe only one if the tube itself is one of the conductors), and the remote end from the bulb is an electrical connector which connects to a coil with many hundreds of turns inside the gas valve. This holds the pilot valve open once it's opened manually via an over-ride button, and as long as the thermocouple is heated by the pilot flame. If the pilot goes out, it cuts off the gas.
This is not to be confused with a boiler thermostat - which has a bulb filled with a liquid which expands when it get hot - with a bellows-operated switch at the other end of the capillary tube.
Whatever it is that switches the OP's Kenlowe fan will be much more like a boiler thermostat than like a boiler thermocouple.