South Korean national pension's crypto stock holdings fell 28% in Q4

The value of crypto-related stocks held by South Korea's National Pension Service (NPS) fell to approximately 640 billion won ($437.86 million) in the fourth quarter of 2025, a 28% decrease from the previous quarter's 880 billion won, Digital Asset reported. This marks the first downward trend in the value of the fund's digital asset holdings since the second quarter of 2023. According to a U.S. Securities and Exchange Commission (SEC) filing on Feb. 19, the NPS held four crypto-related stocks: MicroStrategy, Coinbase, Block, and Robinhood. The decline in their value is attributed to the broader digital asset market downturn that began in October 2025, which negatively impacted the prices of these stocks.