One of Tesla’s most loyal supporters, once retail investors in Korean retail investors are significantly reducing exposure to EV manufacturers and moving to encrypted stocks.
summation
- In August, Korea retailers sold 1.8B of $ 667 million in Tesla stocks for four months.
- Encryption-Connected stocks now account for 31.4%of the highest foreign purchases.
- More than 18.8 million Koreans defeat encryption and defeat stocks with stomach.
Bloomberg reported on September 1 that retail investors in Korea withdrew from Tesla in August to sell $ 650 million of stocks, increasing exposure to cryptocurrency stocks. This measure has the largest monthly Tesla leak since early 2019, contributing to $ 1.8 billion in selling for four months.
Despite the sale, Tesla remains the best foreign stocks among Korean retail merchants and still holds about $ 21.9 billion in the company. But rivals such as NVIDIA and Palantir are far behind, and the difference is narrower. Leverage Tesla ETF, which provides double exposure to Tesla stocks, saw a $ 555 million record repayment last month.
Capital rotation to encryption stock
Meanwhile, capital is flowing with encryption proxy. Thanks to the large -scale ETH reserves, Bit Mine’s immersion technology, which is often considered to be Ether Leeum (ETH) agent, has attracted $ 223 million in August alone. Combined with $ 225 million in July, Bitmine has become one of the most popular foreign stocks of Korean investors this year.
Trends expand beyond a single name. Circle and Coinbase attracted millions of Korea in August, raising a total of 2025 encryption purchases to more than $ 12 billion. According to the Korea International Finance Center, cryptocurrency -related stocks accounted for 31.4%of the top 50 pure foreign stocks in the top 50 in early 2025, and increased in 8.5%in early 2025.
Encryption trading surpasses Korean stocks.
Activities in the domestic market are reflected in stock rotation. Cryptocurrency surpassed local stocks in late 2024 and surpassed more than 11.8 million Korean trading digital assets. Retail participation is led by investors in their 20s, which is more encrypted compared to old population statistics.
Policy is still a factor. Authorities are moving towards new rules for in -kind encryption exchange and exchange, but there is room for debate whether digital assets should be allowed in pensions and other long -term savings.
Currently, Korean retail investors are reducing exposure to Tesla and increasing their allocation for blockchain connection companies. This data is a structural re -re -reinforcement of encryption proxy in US technology stocks, making Korea as one of the most active retail markets for exposure to digital assets.