Young South Korean investors ditch local stocks for US stocks, cryptocurrencies

Young investors in South Korea are moving away from local stocks, with those in their 20s and 30s showing a significant decline in market participation. Many are turning to US stocks and cryptocurrencies, seeking better investment opportunities.

Digital assets are gaining popularity, with approximately 48.7% of crypto investors under 30. South Korean trading volume in cryptocurrencies has surged, reflecting a substantial shift from traditional stock investments.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts