{"id":1854,"date":"2024-05-03T04:44:36","date_gmt":"2024-05-03T04:44:36","guid":{"rendered":"https:\/\/cryptogoldex.com\/index.php\/2024\/05\/03\/krakens-cf-benchmarks-attains-50-dominance-in-the-crypto-etf-market\/"},"modified":"2024-05-03T04:44:36","modified_gmt":"2024-05-03T04:44:36","slug":"krakens-cf-benchmarks-attains-50-dominance-in-the-crypto-etf-market","status":"publish","type":"post","link":"https:\/\/cryptogoldex.com\/index.php\/2024\/05\/03\/krakens-cf-benchmarks-attains-50-dominance-in-the-crypto-etf-market\/","title":{"rendered":"Kraken&#8217;s CF Benchmarks Attains 50% Dominance in the Crypto ETF Market"},"content":{"rendered":"<p>CF Benchmarks CEO Sui Chung mentioned in an interview that the firm anticipates crypto ETFs expanding into Israel and South Korea, noting the latter&#8217;s significant crypto adoption. He highlighted South Korea as a market where ETFs are favored for long-term savings.<\/p>\n<p>Initially, the firm projected $5 billion in assets for U.S. spot Bitcoin ETFs this year based on its data. However, Chung revealed that the actual demand far surpassed expectations, surpassing four times the anticipated amount.<\/p>\n<p>Additionally, he disclosed the firm&#8217;s expectation of managing approximately $1 billion in assets for Hong Kong products by the end of 2024. CF Benchmarks, established in 2017, was later acquired by Kraken in 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CF Benchmarks CEO Sui Chung mentioned in an interview that the firm anticipates crypto ETFs expanding into Israel and South Korea, noting the latter&#8217;s significant [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1853,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[561],"tags":[],"class_list":["post-1854","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-etfs-and-market-expansion"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/1854","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/comments?post=1854"}],"version-history":[{"count":0,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/1854\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media\/1853"}],"wp:attachment":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media?parent=1854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/categories?post=1854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/tags?post=1854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}