South Koreans withdraw $41B from crypto as Bitcoin slump drives funds to stocks.

South Korean investors have pulled over $41 billion from virtual assets in the past year, cutting their crypto holdings by more than half from $82.76 billion in January 2024 to $41.17 billion by February 2026. This shift is driven by a sharp decline in Bitcoin trading volumes and a booming domestic stock market, prompting investors to move capital into more stable equities. Meanwhile, demand for dollar-pegged stablecoins has grown as investors seek protection against high exchange rates and market volatility. This trend highlights a significant migration from volatile crypto assets to traditional financial markets in South Korea.