Investing Updates : Crypto awareness in Singapore hits record 94%, but ownership falls

Source : 

https://cointelegraph.com/news/singapore-crypto-awareness-2024-survey?utm_source=feedly_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Apple Intelligence : 

• Crypto Awareness: Reached a record high of 94% in Singapore.

• Crypto Ownership: Declined to 29% in 2025 from 40% in 2024.

• Investor Demographics: Millennials and Gen X dominate the investor base, comprising 71% of all holders.

• Bitcoin Dominance: Bitcoin remains the most popular cryptocurrency in Singapore, held by 68% of investors and viewed as a currency, store of value, or investment asset by 86%.

• Investment Strategies: Direct ownership is preferred over ETFs, and arbitrage trading is on the rise, with 67% of respondents capitalizing on price swings.

• Singapore’s Crypto Hub Status: Singapore leads the world in blockchain patents, crypto-related jobs, and active cryptocurrency exchanges, solidifying its position as a global hub.