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The leader of the Democratic Party in South Korea, Lee Jay Meong, pledged To agree to Spot Bitcoin Etfs (the boxes circulating on the stock exchange) if the president is elected, where Ibit ETF from Blackrock gets 16 consecutive days of net flow.
Besides the promise to agree to the Bitcoin Investment Funds, Jae-Myung also announced on May 6 that it will lead to other supporting measures as part of a broader initiative to provide more investment opportunities for Korea youth before the June 3 elections.
“I will create a safe investment environment so that young people can [build] Assets and future plan, ” He told me in the Korean languageAccording to the daily Korea Economic newspaper.
The ruling party also promises to support encryption
He also told me that he would give legitimacy to the spot Encryption Investment funds, low transaction fees and more consumer protection measures in place.
Lee is the preferred to win the upcoming elections with 42 % support, according to reconnaissance It was conducted by the National Survey of Korea.
The ruling power party in South Korea is also its I promised To support encryption.
The Bitcoin from Blackrock has a clear flow of flow
While the political parties in South Korea are approval by them Bitcoin Investment funds, American investors are accumulating in the IBIT Fund in Blackrock, which was approved with many investment funds circulating in the United States in January last year.
according to Hodl15CAPITALThe BTC ETF 16 -day of flows. An additional 280 Bitcoin was added to the box only yesterday.
The head of the ETF Nate Geraci store also noted the flow chain, and indicated that the fund is close to $ 5 billion in the new capital.
* 16* Today’s flow series for Ishares Bitcoin Etf …
It approaches 5 billion dollars in the new $$$.
I remember that when those who refuse to think that Spot Bitcoin Etfs will take $ 5 billion * total * last year.
As in * everyone bitcoin etfs.
IBIT alone has done this in a few weeks more than a year after its launch.
– nate gelaki (nategeraci) May 7, 2025
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