<Anchor> This is a
friendly economic time. Today (26th), I will be with reporter Kim Hye-min. Bitcoin is a hot topic again these days. It's been said that it's been rising a lot recently, but interesting statistics have come out.
<Reporter>
Bitcoin is on the rise again these days. Since there is a lot of interest, I wanted to review the tendency of Koreans to invest in virtual assets once again in this corner.
Based on the size of the transaction, we brought the statistics of 'Upbit' users who have a market share of over 80%.
First of all, the generation that invests the most in virtual assets, as you may have guessed, is the MZ generation. As of this month, the largest number of users are in their 20s, followed by those in their 30s and 40s.
Just a year ago, people in their 30s, 40s, and 20s were in that order, but the main investment group has changed significantly. These days, even in the military, you can freely use your mobile phone outside of work hours.
It is said that there are quite a few soldiers in their 20s who invest small amounts in coins. Also, in terms of gender, males were not overwhelmingly overwhelming at 57%, but slightly higher than females.
<Anchor> There is
definitely a lot of investment from young people. So when are the trades most active? (When do you think?) Well. I'm not into bitcoin, so I can't really get a feel for it.
<Reporter>
It is said that the most active time for investment by users is between 9 am and 10 am. Then 6 to 7 pm.
If you look at these statistics, you can see that office workers invest at this time because they have time after going to work, but this is a premature prediction. At this time, there is a reason to invest.
If you look at individual coin information on the exchange, you will find something called 'rate of rise and fall'. Most of the time when this is initialized is '9:00 am'.
No matter how much up or down you've gone before, you start over at 0%. There are also investors who use this to make short-term investments. Some forces induce investment by suddenly raising the price of a specific coin.
As a result, it is difficult for individual investors to determine exactly whether this is a brief rise or is continuing to rise. So, this is the time when you need to be the most careful about investing.
<Anchor> That's
right. It's a story like that, when you invest the most, you should be more careful about investing. Back to the Bitcoin talk. What is behind the recent rise in Bitcoin price so much?
<Reporter>
First of all, the price of bitcoin has recently risen to the mid 70 million won level. The biggest reason for this uptrend is that the Bitcoin ETF was first launched in the United States, and it was listed under the ticker code 'Bito'.
ETFs are now well known. Simply put, it means a fund that is traded on the stock market.
And one of the characteristics of the first Bitcoin ETF launched this time is that it is based on 'futures'.
It is a product that tracks futures contracts that allow you to buy or sell Bitcoin at a predetermined price on a specific date in the future.
The product called 'Vito' mentioned earlier is designed to follow the price of Bitcoin futures listed on the Chicago Mercantile Exchange.
<Anchor> That's
right. Then, in the end, ETFs are somehow inside the existing stock market, that is, the existing market, Bitcoin itself. At the same time, it seems that the anxiety about high volatility, which has been anxious for a while, seems to have dissipated.
<Reporter> In
fact, it was not easy to enter this Bitcoin because of the large psychological barrier. So there were some investors who were reluctant to invest, but now it is easier to open a wallet than before.
The 'Vito' investment craze of Seohak ants who invest in US stocks is also quite strong. According to data from the Korea Securities Depository, Korean investors net bought 25.2 billion won on the 19th and 20th, when Vito was first listed on the New York Stock Exchange.
In terms of size alone, it ranks third among foreign stocks.
However, since Vito is also a 'futures ETF', you must consider that this investment can also be risky.
Also, the price of Bitcoin fluctuates 24 hours a day, 365 days a year.
ETFs can only be traded when the stock market is open.
It's also important to keep in mind that you may not be able to react in a timely manner when prices drop.