Jeong Eun-bo, Chairman of Korea Exchange, "Will Discuss Introduction of Virtual Asset ETF with Authorities"

Son Min

Summary

Jeong Eun-bo, Chairman of Korea Exchange, announced that he would start discussions with financial authorities on the introduction of a Virtual Asset ETF.
He mentioned that virtual asset futures and spot ETFs are being traded in the global market and that he would push for domestic introduction.
Chairman Jeong added that he would explore new areas of the capital market, such as Virtual Asset ETFs.

Jeong Eun-bo, Chairman of Korea Exchange, announced that he would discuss the introduction of a Virtual Asset ETF with financial authorities.

According to industry sources on the 11th, Jeong Eun-bo, Chairman of Korea Exchange, stated at a New Year's press conference, "Recently, in the (global) capital market, both virtual asset futures and spot ETFs are being traded," and added, "We will gradually discuss with financial authorities the introduction plans and timing of a Virtual Asset ETF so that we do not fall behind domestically."

Previously, on January 2nd, Chairman Jeong also mentioned at the opening ceremony of the securities and derivatives market, "We will explore new areas of the capital market, such as Virtual Asset ETFs."