A recent report by Despread Research reveals that 70% of South Korean crypto investors made a profit in 2024, with BTC, XRP, and ETH being the most popular holdings. Optimism remains high for 2025, with many expecting bitcoin to surpass $100,000 (150 million KRW).
Despread: 70% of South Korean Crypto Investors Profited in 2024, Driven by BTC, XRP, and ETH
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Bitcoin Leads South Korean Investor Portfolios as Optimism Grows for 2025
According to a recent study by Despread Research, 70% of South Korean crypto investors saw profits in 2024, with BTC, XRP, and ETH ranking as their largest holdings. The report highlights a significant influx of new investors, particularly driven by key market developments such as U.S. President Donald Trump’s election and the approval of bitcoin spot ETFs.
The potential for bitcoin to be recognized as a strategic asset by the U.S. government, along with expectations of crypto-friendly policies from Trump’s administration, has fueled further market optimism. Many investors are looking ahead to 2025, with 75% predicting that bitcoin will surpass $100,000 (150 million KRW).
Despite limited familiarity with decentralized exchanges, South Korean investors have concentrated their holdings in major cryptocurrencies, largely due to the accessibility of these assets on centralized exchanges. Bithumb, for instance, currently supports a wider range of active meme coins like DOGE, TRUMP, and PENGU compared to its competitor Upbit.
As South Korea remains a key player in the global crypto market, investor sentiment suggests continued bullish momentum in 2025.
