Jong-wook Oh, CEO of Wavebridge Korea, presented a three-phase roadmap for the growth of the South Korean digital asset market at a related seminar:
The first step is to establish the (Fundamental Law of Digital Assets) to lay the institutional foundation for healthy market development;
If this law is passed this year, the next step will be to launch a Bitcoin spot ETF, expected to be listed in South Korea around June 2026.
At that time, institutional investors will enter the market, facilitating the establishment of industry standards; the final phase is to promote the prosperity of various structured financial products in the market.
Also mentioned the advantages of spot ETFs, emphasizing the key role of professional services for institutional investors, as well as key points such as ensuring global liquidity and establishing a compliance system. Taking the development of the U.S. Bitcoin ETF market as an example, it is suggested that South Korea leverage a clear roadmap and institutional support to explore the potential of the digital asset market.
