The decision on the South Korean Bitcoin ETF has entered a critical stage, taking Japan as a reference

South Korea is gradually approaching a decision on Bitcoin ETFs. The South Korean Financial Supervisory Service has reviewed the legislative trends of digital assets by the Japanese Financial Services Agency and shared them with relevant domestic institutions. Japan had previously been cautious about digital assets, but is now considering positioning cryptocurrencies as financial products and may lift the ban on crypto ETFs. Kim Soo-yeon, Vice Chairman of the South Korean Financial Services Commission, said he will "carefully review" spot Bitcoin ETFs. Notably, over 30% of South Koreans invest in crypto assets; despite political turmoil, the government continues to push for crypto regulation, including allowing charities and universities to sell cryptocurrency donations from the second half of 2025 onwards.