Koreans abandon Tesla for encrypted bets: $ 657 million promotes market exit star-news.press/wp

Korean retailers are largely reshaping the American stock markets. In August, they withdrew $ 657 million from Tesla Inc. At one time, they flowed more than $ 12 billion in cryptocurrencies listed in the United States this year.

This indicates a fundamental shift in investment preferences between one of the most foreign retail rules in America, which attracts Wall Street’s attention.

Tesla loses its Korean crown

According to Bloomberg’s deposit data, unprecedented migration from Tesla is the most important monthly flow since early 2023. This represents a flagrant reflection of Korean investors, Which was a decisive amplifier for electric car maker gatherings.

Korean traders, who hold about $ 21.9 billion in Tesla shares – make it the best detention of foreign stocks – are increasingly wondering about the company’s artificial intelligence and growth prospects.

Korean investors of sale stems from concerns about confirmation on the deterioration of Tesla’s basics and driving risks. Analysts refer to the intense competition of Chinese competitors and the decrease in sales of electric cars attributed to the “risk of musk” as major factors behind the performance of the weak Tesla. The fluctuation of stocks in Tesla has exacerbated the conflicts of CEO Elon Musk with President Trump, which contributed to the frequent sharp declines.

Mirai Asset Researcher Securities Park Eun Go male While Tesla has previously provided a strong medium -term horizons in independent leadership and human robots despite EV’s short -term sales, the last artificial intelligence boom has increased from the competition from China and Europe, which reduced the expected margins and market share.

The pressure pressure extended beyond the shared shares in Tesla, with a double victory Tesla Etf (tsll) It suffers from the largest monthly flow since early 2024, when he lost $ 554 million in August alone. This comprehensive decline in the investments related to Tesla confirms the depth of disappointment from Korean investors with the current path of the company and future prospects.

The aggressive purchase to buy global attention

While giving up Tesla, Korean investors adopted cryptocurrencies listed in the United States with an unprecedented aggression, and buying shares of more than $ 12 billion in encryption companies this year. Data that made her chest The search 10x reveals the amazing size of this activityIn August alone, Korean investors bought $ 426 million from BitMine Gemersion Technologies Inc. , $ 226 million in the shares of the circle, and $ 183 million in Coinbase shares.

Besides individual encryption companies, Korean investors allocated $ 282 million to ETF 2X ETF during the same period, indicating their advanced approach to gaining exposure to use of digital assets through traditional stock markets. This activity restores aggressive purchase of global capital flows and is receiving great attention from Wall Street analysts who closely monitor the behavior of the Korean retail investor.

The shift reflects the widely encoded currency adoption patterns in South Korea, where about 20 % of the population – one out of five citizens – invests in digital assets, and greatly exceeds global averages. Among the younger population composition between the ages of 20 and 50, the coded currency ownership rates rise to the top, reaching 25-27 %, creating a great demand for investment vehicles associated with encryption through traditional mediation accounts.

Translation of organizational fuel permeability

The timing of these massive investment flows coincides with favorable organizational developments that provide strong background winds to customize Korean capital in assets related to the encoded currency. South Korea is developing lists for Stablecoins, Stos and Crypto ETFS. The tax frameworks remain in discussion among policy makers. Unlike the previous extreme caution, the political and industry circles are now agreed on the needs of the institutional character.

The effect of Korean investors extends beyond the choice of individual stocks. They are ranked among the largest foreign investors in American stocks in general. Its strength in the concentrated purchase can greatly affect the performance of individual shares, especially in the volatile sectors, where their collective actions create a noticeable market movements that are crowned through global trading sessions.