Mirae Asset Invests $153 Million in Bitcoin ETFs, Signaling Growing Institutional Interest in Asia

South Korean financial giant Mirae Asset, managing over $614 billion in assets, has made a significant move into the cryptocurrency market. The firm recently disclosed a substantial investment of $153 million in Bitcoin Strategy ETF shares, demonstrating increased interest among Asian institutions in digital assets. This reflects a growing trend across Asia, where major financial players are cautiously integrating cryptocurrencies into their portfolios. While the US market has seen substantial adoption of spot Bitcoin ETFs, Asian firms are catching up. Mirae Asset’s investment highlights the increasing sophistication and willingness to embrace regulated exposure methods for Bitcoin within the region.