Internet reports, according to Tokenpost, Xu You-suk, president of the Korea Financial Investment Association, said at the New Year's meeting held in Yeouido, Seoul that he would actively support the institutionalization of domestic token securities and the approval of virtual asset ETFs. President Xu pointed out that since Bitcoin and Ethereum spot ETFs are already listed and traded in the United States, Hong Kong, Canada and other places, South Korea should also at least list Bitcoin or Ethereum ETFs and cultivate them into financial products. He stressed that he would continue to make recommendations to financial authorities to allow virtual asset ETFs to ensure that South Korea does not lag behind in this trend.