South Korean Democratic Party lawmakers have proposed an amendment to the Capital Markets and Financial Investment Industry Act to include digital assets like Bitcoin as underlying assets for financial products such as exchange-traded funds (ETFs). Initiated by Min Bingde, the amendment aims to provide a legal framework for trust companies to manage and custody digital assets, aligning with President Lee Jae-myung's campaign promises. If passed, this legislation would enable South Korean investors to indirectly invest in digital assets through institutional financial products, enhancing investor protection and market transparency. Currently, South Korean regulations do not permit the launch of such products, unlike the U.S., where the SEC has approved Bitcoin and Ethereum spot ETFs.