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The recent approval of 11 Bitcoin spot ETFs by the US Securities and Exchange Commission (SEC) had a significant impact on the South Korean crypto-related KOSDAQ stocks. This article will analyze the market reaction to this news and discuss the implications for the South Korean crypto industry. On January 11, several venture capital firms with
Grayscale, a cryptocurrency investment firm, has recently filed for a Bitcoin covered call ETF on Jan. 11. This move demonstrates Grayscale’s commitment to the growth and development of the product and the overall ecosystem surrounding it. With the new fund, investors can expect current income and participation in the price return of GBTC, Grayscale’s existing
Gemini, a prominent cryptocurrency exchange, has stated that the approval of a spot Bitcoin exchange-traded fund (ETF) in the United States could be a game-changer for the crypto futures market. According to Gemini, the arrival of these ETFs would bring a wealth of benefits, including increased liquidity and a more diverse market participation. These factors