Korean semiconductor ETF token draws 14.5 billion won after OKX listing

Global crypto exchange OKX listed a perpetual futures product on May 8 based on a Korean semiconductor ETF token with heavy exposure to Samsung Electronics and SK Hynix. Within three days, 14.5 billion won flowed into the product. The underlying ETF reportedly has a 47% weighting in Samsung Electronics and SK Hynix. The listing shows perpetual futures competition moving beyond cryptocurrencies toward products based on traditional financial assets. As an ETF holding major Korean semiconductor names is traded in token form, investor access routes may become more varied. Source: mk.co.kr