KIF Advises Against Bitcoin and Ethereum ETFs in South Korea Amid Economic Concerns

The Korea Institute of Finance (KIF) has released a report advising against the introduction of spot Bitcoin and Ethereum ETFs in South Korea, citing potential negative impacts on the local economy. KIF’s analysis suggests that the disadvantages of spot crypto ETFs could overshadow their benefits. The report highlights several potential issues, including resource allocation inefficiencies

Source: CoinOtag