Want to invest in K-pop? BTS, Blackpink, Twice and NCT’s labels included in new US investment fund
- The KPOP and Korean Entertainment ETF (exchange-traded fund) targets fans and others who want to help the K-pop industry grow
- The fund packages together a range of K-pop and South Korean media companies, including Hybe, YG, SM, JYP and CJ ENM
A new investment fund targeting K-pop fans and those interested in investing in the South Korean entertainment industry launched on the New York Stock Exchange’s Arca exchange on September 1.
The KPOP and Korean Entertainment ETF (exchange-traded fund) – ticker KPOP – launched by Seoul-based CT Investments, packages together a variety of K-pop and South Korean media companies.
These include BTS’ label Hybe, Blackpink’s label YG Entertainment, NCT’s label SM Entertainment, Twice’s label JYP Entertainment, and CJ ENM, which is behind events including KCON and the MAMA Awards, and the Oscar-winning film Parasite.
“It is time for fandom to directly contribute to the K-pop industry beyond culture,” reads the ETF’s website.
K-pop as a music entity and cultural power has grown significantly in recent years, drawing millions of fans around the world.
“If fans directly participate in its investment and speak out, K-pop will be able to maintain and grow in a healthier and more desirable direction,” the website says.
