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Legalization of spot bitcoin ETFs to gain steam

From koreatimes.co.kr

Discussions on the launch of spot bitcoin exchange-traded funds (ETFs) are poised to take center stage, propelled by the resounding victory of the main opposition Democratic Party of Korea (DPK) in the April 10 general elections. The main opposition ran on a platform that the issuance, listing and trading of spot bitcoin ETFs would be allowed. Further underpinning the optimism is the Hong Kong Securities and Futures Commission’s approved launch of spot bitcoin and ether, April 15 (local time). The Hong Kong development followed Jan. 10 (local time) approval of spot bitcoin ETFs by the U.S. Securities and Exchange ... (full story)

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  • Category: Fundamental Analysis