41.3% of South Korean crypto investors "expect SEC to approve ETH spot ETF later this year"

According to the weekly Korean crypto investor market trend survey jointly conducted by Coinis and Kratos, 46.5% of respondents (51.4% last week) expect bitcoin to rise or soar this week. About 35.3% (28.5% last week) expect a sideways movement, while 18.2% (20.1% last week) expect a decline and a sharp drop. When asked about market sentiment, 44.7% said they were neutral. 37.4% said they were bullish or very bullish. When asked when the U.S. Securities and Exchange Commission (SEC) will approve an Ethereum (ETH) spot ETF, 41.3% of respondents said the second half of next year. 32.6% predicted approval in the first half of this year, 19.9% predicted 2025, and 1.7% predicted no approval.