Global #crypto ETFs

The Financial Services Agency (FSA) in Japan has embarked on a thorough assessment of its cryptocurrency regulations, aiming to determine the ongoing viability of the Payments Act in governing digital assets.

The cryptocurrency market has experienced significant volatility in recent years, making it a daunting prospect for many investors. However, the emergence of cryptocurrency exchange-traded funds (ETFs) is changing the game, offering a more accessible and potentially less risky way to gain exposure to this burgeoning asset class.

Financial giant State Street Global Advisors (SSGA) and crypto-focused investment firm Galaxy Digital are joining forces to launch a new generation of exchange-traded funds (ETFs) focused on digital assets.

While headlines blare about the successful launch of several Bitcoin ETFs in 2024, a deeper look reveals a potential hitch. A recent Blockworks article argues that Wall Street, while comfortable with Bitcoin itself, might be underprepared for the complexities of managing crypto ETFs.

While the long-awaited approval of an Ethereum (ETH) exchange-traded fund (ETF) by the US Securities and Exchange Commission (SEC) is a positive development for the cryptocurrency industry, industry experts caution that it does not necessarily signal a wave of crypto ETF approvals in the near future.

Despite the recent approval by the US Securities and Exchange Commission (SEC) for several spot Ethereum ETFs, South Korean investors are still waiting for similar opportunities to arise.