Ki Young Ju: The top of the round is driven by non-United States institutions and ETF

According to Chief Executive Officer Ki Young Ju of CryptoQuant, the top of this round of cattle is driven by non-United States institutional funds and ETF. Currently, there are no spot bitcoin ETFs in Korea, no foreign ETFs can be purchased by bulkers, and no business can open an exchange account to purchase bitcoins. He noted that the spread of bitcoin was now concentrated in the United States and that the next phase would be global institutionalization, with a more adequate level of stable currency liquidity and the establishment of the RWA mechanism. Bitcoin will be held as a strategic asset by more agencies, and it will be more easily available in many countries without ETFs。