Bitwise exec expects major BTC inflow from South Korean retail investors

A Bitwise executive anticipates a large-scale capital inflow into Bitcoin from South Korean retail investors, U.Today reported. In a post on X, Jeffrey Park, Head of Alpha Strategy at Bitwise, suggested that funds currently tied up in large-cap semiconductor and pharmaceutical stocks could shift into BTC. He argued this move will occur once investors, believing tech stocks have peaked, decide to take profits from companies like SK Hynix, Samsung Electronics, and Hanmi Pharmaceutical. Park expressed his belief that it is only a matter of time before these investors return to Bitcoin.