South Korea's Top Crypto Custodian Witnesses Remarkable Surge in Deposits Amid ETF Expectations
Thursday, 22 February 2024, 09:55
South Korea's Top Crypto Custodian Sees Surge in Deposits
In a significant development, the leading crypto custodian in South Korea reported a substantial increase in deposits during the latter half of 2023. The surge in deposits was more than triple the previous numbers, reflecting a growing confidence in the market.
ETF Hopes Drive Deposits
The surge in deposits came amidst rising hopes and expectations for the introduction of Exchange-Traded Funds (ETFs) in the cryptocurrency space. Investors and stakeholders are closely watching the potential impact of ETFs on the market dynamics.
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