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Crypto
Binance adds 10 tokenised stocks including ASML and Netflix, expanding RWA market
Binance has expanded its tokenised stock product line, bStocks, by adding 10 new items to its spot market, including tokens linked to ASML, Netflix and Super Micro Computer. Trading starts at 1200 UTC on Aug. 5 and spot algorithmic trading bots are supported. Binance will offer fee waivers for conversions for one hour after listing and run a zero maker-fee campaign through Aug. 31. It also offers 1-to-1 conversion from underlying shares.
Finance
Korean asset managers adjust ETF inclusion schedules ahead of SpaceX listing
South Korea\'s space-themed exchange-traded funds have repeatedly adjusted their plans to include SpaceX ahead of its expected Nasdaq listing. Strong expectations around the listing have drawn large inflows into related ETFs, but managers have changed inclusion and disclosure schedules close to the debut. Some funds plan to add exposure two trading days after listing rather than on the day itself. Investors are being urged to check actual inclusion timing, weights and volatility risks.
Finance
Mirae Asset\'s TIGER U.S. space tech ETF tops 2 trillion won in net assets
Mirae Asset Global Investments said net assets in its TIGER U.S. Space Tech ETF have surpassed 2 trillion won. The ETF’s net assets stood at 2.47 trillion won as of June 5, the Korea Exchange said. Retail investors drove most of the inflows into U.S. space-themed ETFs listed in South Korea, with the TIGER fund taking about 86% of net buying. The ETF posted a 49.6% one-month return as of June 4.