S’pore non-retail investors more likely than global peers to boost crypto holdings in 2025: Poll

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The story "S’pore non-retail investors more likely than global peers to boost crypto holdings in 2025: Poll" was covered 1 weeks ago by The Straits Times, a news publisher based in Singapore.

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The Straits Times 1w ago

S’pore non-retail investors more likely than global peers to boost crypto holdings in 2025: Poll - The Straits Times

Quick Summary:

More than half, or 57 per cent, of the 121 Singapore-based respondents intend to raise their crypto allocations.

Bitcoin, the world’s most popular digital asset, has shot past US$89,000, jumping about 30 per cent since the US election on Nov 5 to hit US$89,599 on Nov 12.

Of those based in Singapore, 37 per cent said the availability of institutional-grade products is a reason for them to up their crypto allocations.