On May 22, according to Lianhe Zaobao, the latest survey report of crypto exchange Independent Reserve showed that Singaporean people’s awareness of cryptocurrencies rose to 94%, a record high, but the actual holding rate fell from 40% last year to 29%. According to the survey, Bitcoin remains the most popular crypto asset, with 68% of crypto investors holding Bitcoin and 86% believing it to have monetary attributes or investment value.
In addition, 53% of crypto holders plan to increase their holdings in the coming year, and 17% of non-holders say they are interested in entering the market. When it comes to investing, 61% of investors prefer to hold cryptocurrencies directly rather than invest in exchange-traded funds (ETFs). Stablecoin usage continues to rise, with 46% of investors holding such assets, with USD stablecoins being the most popular at 83%.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
