Track 2 - Keynote: How sustainable is market growth in the Asia Pacific region?
Part of Crypto and Digital Assets Summit 2023
This event took place on Wednesday, May 10, 2023 at 3:10 PM UTC.
Despite market volatility and tightening regulation in the region, crypto has continued to attract significant interest from investors and asset managers. Crypto-related mutual funds and ETFs have provided an arguably safer route to investing in crypto by avoiding direct exposure. Countries such as Singapore, Hong Kong, Korea and Australia have all seen notable rise in these products in 2022. How sustainable is this industry growth, given that it is largely driven by younger generations and retail investors? How much consumer protection is provided through these funds? And for how long can the NFT hype in Asia withstand global economic turmoil?