Korean Based Bitcoin ETF joining ‘BIT’ and ‘COIN’ in race to become first publicly traded Bitcoin ETF

Via Leon Pick @ www.financemagnates.com

“The fund is to be launched by Korea Investment Trust Management, a Seoul-based asset management firm overseeing over $20 billion in investments”

“The fund could become the world’s first bitcoin ETF to trade on a fully regulated venue”

“The ETF would launch sometime next year, subject to the the approval of the Financial Supervisory Service (FSS), the country’s financial regulator”

Read more here…

[Editors note].. The Secondary market funds competing to be the first to offer retail investors Bitcoin ETF investment vehicles, could be key to providing the extra liquidity needed in the next potential bull market run in Bitcoin.

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