South Korea To Explore Crypto ETFs In 2025 Amid Demand
On Thursday, the South Korea Stock Exchange chairman, Jeong Eun-bo, revealed their plan to “explore” the approval of crypto-based exchange-traded funds (ETFs) to continue with its “value-up program” and face the ongoing market challenges.
Korea Exchange To Explore Crypto ETFs
On January 2, Jeong Eun-bo announced the Korea Exchange’s plan to explore crypto-based ETFs this year at the 2025 Securities and Derivatives Market open ceremony. The Chairman stated that the South Korean capital markets faced significant challenges in 2024, which has weakened the growth potential of local companies.
Jeong also noted that global conflicts and domestic political developments made the market “significantly sluggish compared to…
