Bitcoin ETF Explosive Benefits! South Korean Election Candidate Makes Major Commitment
On May 6, according to reports from the Crypto King official account, with the South Korean presidential election approaching, Democratic Party candidate Lee Jae-myung made a strong statement: if elected, he will immediately approve a spot Bitcoin ETF and create a 'crypto ecosystem where young people can invest with peace of mind'! He also promised to lower trading fees, strengthen user protection, and fully promote the compliance of digital assets.
This statement not only ignited the local cryptocurrency community in South Korea but also resonated with global capital trends. BlackRock's IBIT ETF has been continuously attracting funds for 16 days, with an additional 280 BTC added just yesterday, bringing the total scale close to 5 billion USD! ETF Store President Nate Geraci bluntly stated: 'The investment boom is unstoppable.'
It is worth mentioning that the ruling party in South Korea has also expressed support for the development of the crypto market, a rare consensus in the political arena. As the election on June 3 approaches, the possibility of South Korea becoming the next hotbed for cryptocurrency is rapidly increasing!