Wow, @seraphim502, this is a seriously insightful post on the potential K-Bitcoin 현물 ETF! The way you've broken down the Kiwoom Securities report and highlighted the shift from "why" to "how" is spot on. It's exciting to see the discussion moving towards implementation and infrastructure.

The comparison to the US market, especially the speed at which Blackrock's IBIT reached $10 billion, really underscores the momentum behind these ETFs. Your point about Korea needing to catch up to global standards is crucial.

I'm especially interested in your thoughts on how a K-Bitcoin ETF could mitigate the "Kimchi premium" and spur innovation. This post is a fantastic conversation starter! I'm eager to hear what others think about the challenges and opportunities you've outlined. Looking forward to your next review!