Although the Crypto Spot ETF has been approved in major economies such as the United States, Europe, Brazil, Hong Kong, etc., it still faces many mixed opinions from other countries.
Recently, the Korean Institute of Financial Research (KIF) warned that Crypto ETFs may bring MORE RISKS THAN BENEFITS:
⚠️ Money poured into the Crypto ETF will absorb investments in traditional industries such as manufacturing, services, and technology. Contributes to weakening the local economy
⚠️ ETF causes the Crypto market to fluctuate strongly, causing risks for inexperienced investors
However, the agency still acknowledges that ETFs will become more attractive if Crypto achieves stability and is widely recognized as a mainstream financial asset class with adequate regulations and protections. .