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South Korean pension fund to invest in Bitcoin ETF: Report -Breaking

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© Reuters.

South Korea’s public pension fund, the Korean Teachers’ Credit Union (KTCU), is reportedly looking to gain exposure to (BTCThe ETF is a cryptocurrency exchange-traded fund.

KTCU, South Korea’s biggest institutional investor, may consider investing in a Bitcoin ETF (or Bitcoin-linked ETF) in the first quarter of 2022. Local news agency The Korea Economic Daily reported that KTCU was considering this investment. reportedMonday