South Korea’s Finance Ministry Announces Plans for Digital Asset Spot ETFs

South Korea’s finance ministry outlined plans to introduce spot digital asset ETFs by 2026, following the U.S. and Hong Kong’s lead. Bitcoin spot ETFs experienced $399 million in net outflows, while Ethereum ETFs saw $159 million in losses, driven by BlackRock’s $108 million withdrawal from its ETHA product. The second phase of the nation’s crypto legislation will focus on stablecoin regulation.

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