Bitcoin rose 25% in August, its strongest monthly gain since November 2024. The asset briefly crossed $80,000 last week but has since settled near $78,000. The rally, nonetheless, has renewed interest among retail players in one of crypto\u2019s key markets.<\/p>\n
In fact, new data suggests that South Korean investors are staging a comeback.<\/p>\n
Data shared by CryptoQuant revealed<\/a> that the Korea Premium recently flipped positive after recording its longest period of negative readings. The analytics platform added that this shift from negative to positive territory \u201chas typically been followed by a positive trend.\u201d<\/p>\n The gap between BTC prices on Korean exchanges and global markets is known as the \u201ckimchi premium\u201d and is widely viewed as an important indicator to gauge retail investor sentiment across Asia and local market demand.<\/p>\n Rachael Lucas, an analyst at BTC Markets, stated<\/a>,<\/p>\n \u201cKorean retail tends to buy aggressively in risk-on phases and capital controls mean that buying shows up as a price gap rather than arbitrage flow. Historically, discount-to-premium crossings have preceded stronger bitcoin returns over the following weeks.\u201d<\/p>\n But while retail demand appears to be returning, access to regulated Bitcoin investment products remains limited in the country. CryptoQuant founder Ki Young Ju believes<\/a> that the next stage of BTC\u2019s current cycle could be driven by institutional demand and exchange-traded funds outside the US. It is important to note that South Korea still lacks a spot Bitcoin ETF, while retail investors cannot buy foreign ETFs and local companies cannot open exchange accounts to purchase BTC.<\/p>\n According to Young Ju, the market has so far been largely shaped<\/a> by US adoption, but institutional participation could expand across the world through deeper stablecoin liquidity and real-world asset infrastructure.<\/p>\n A July report by CryptoPotato <\/em>revealed<\/a> that Japan is getting closer to allowing Bitcoin ETFs, as the country gears up for its first product, potentially launching in 2028 if planned regulatory changes move ahead. Lawmakers had approved amendments that bring crypto assets under the Financial Instruments and Exchange Act, while the Financial Services Agency is working on changes to investment-fund rules that would allow investment trusts and ETFs to hold digital assets directly.<\/p>\n If approved, a spot Bitcoin ETF would give investors in Asia a simpler way to gain exposure to BTC. The development could be particularly relevant for South Korea, where Japan\u2019s financial policy has often served as a reference point.<\/p>\n More on Bitcoin and a big PlanB statement can be found in our dedicated market video below:<\/p>\n\n The post Bitcoin\u2019s Korea Premium Flips Positive After Its Longest Losing Streak<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin rose 25% in August, its strongest monthly gain since November 2024. The asset briefly crossed $80,000 last week but has since settled near $78,000. The rally, nonetheless, has renewed interest among retail players in one of crypto\u2019s key markets. In fact, new data suggests that South Korean investors are staging a comeback. Korean Risk […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-221453","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/221453"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=221453"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/221453\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=221453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=221453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=221453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Bitcoin ETF Road Ahead<\/h2>\n