10x Research Report: South Korea's retail crypto trading volume is 85% higher than the South Korean stock market

According to a report released by 10x Research, the trading volume of retail investors in the Bit currency market in Korea has surged. The trading volume on the Upbit platform reached $18.6 billion, and on Bithumb it reached $7.3 billion, totaling over $26 billion, which is 85% higher than the $14 billion trading volume in the Korean stock market. The report points out that the number of Bit currency holders has grown significantly since 2024, with sovereign entities and pension funds entering the market, and the 13F filings to be released in the coming days may reveal new pension funds from the US that have entered the market.