Mirae Asset seeks to launch bitcoin covered call ETF: chairman

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Mirae Asset seeks to launch bitcoin covered call ETF: chairman - Korea Economic Daily

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Mirae Asset Financial Group is preparing to launch a bitcoin covered call exchange traded fund (ETF) for global investors to foray into the cryptocurrency ETF market, its founder and Chairman Park Hyeon-joo said early this month.“Mirae Asset is working strategically to launch a bitcoin covered call exchange traded fund,” Park told the ETF Rally 2025 it hosted in Hawaii early this month.

Mirae Asset’s AI arm WealthSpot will release the product -- Global X Investment Grade Corporate Bond Active – in the US in partnership with Global X EFTs, its New York-based ETF provider.“AI should not be just a simple tool but the DNA of future growth,” Park said at the annual gathering, where about 80 senior executives of its domestic and global operations and ETF experts attended.

Particularly, Tiger ETFs, which track US stocks, has driven its growth in the ETF market, said Park.“The trajectory of Mirae Asset's ETF assets, skyrocketing from $82 billion in 2022 to the current $140 billion, is remarkable,” Park told The Korea Economic Daily in a recent telephone conversation.