PiCK
[Exclusive] ETF to Include Virtual Asset Companies...Financial Supervisory Service Approves
Korea Economic Daily
Summary
- The Financial Supervisory Service has stated that it is disallowing the launch of virtual asset company ETFs.
- Recently, ETFs related to virtual assets are facing difficulties in launching.
- Even if virtual asset-related items are included in ETFs, it is pointed out that they cannot be actively blocked.
13 Domestic AI·Nasdaq ETFs, Including Coin Companies
Financial Supervisory Service, Disallows Virtual Asset Company ETF Launch
"Regulation Uniformity Government Policy...Trying to Block"
The Financial Supervisory Service is reportedly disallowing the launch of exchange-traded funds (ETFs) that invest in virtual asset-related companies like Coinbase, according to an exclusive report by Korea Economic TV.
It has been confirmed that AI or Nasdaq-themed ETFs released domestically include these coin companies.
The Financial Supervisory Service approved the launch despite knowing that virtual asset companies were included.
This is an exclusive report by journalist Kim Dae-yeon.
<Note: Korea Economic TV November 20, 2024 [Exclusive] Financial Supervisory Service, 'Virtual Asset Company' Investment ETF Also Disallowed (
Korea Economic Daily
hankyung@bloomingbit.ioThe Korea Economic Daily Global is a digital media where latest news on Korean companies, industries, and financial markets.
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