KOREA FSS Urges Caution: “Don’t Over‑Weight Coinbase in ETFs”
South Korea’s Financial Supervisory Service (FSS) has recently advised domestic asset management firms to refrain from excessively including cryptocurrency-related stocks, such as Coinbase and MicroStrategy, in their exchange-traded fund (ETF) portfolios. This guidance, which was delivered verbally to ETF managers earlier this month, reflects the FSS’s concern over the growing weight of virtual asset-linked equities…