SG User Trading Data (Jan 3 - Jan 11)
Summary
The number of users trading U.S stocks during this period outweighed the number of users who traded S.G stocks by fivefold, but the number of trading orders for U.S stocks far outweighed S.G stocks by tenfold, highlighting that U.S stock traders tend to be more active and put in more trading orders.
Top 10 U.S stocks traded
Tesla
Apple
Nvidia
Nio
Palantir
Alibaba
AMD
Amazon
Coinbase
Futu Holdings
Top 5 S.G stocks traded
SIA
DBS
Seatrium
Singtel
OCBC
Sats
UOB
Sembcorp
Thai Beverage
Genting Singapore
Summary of Bitcoin ETFs Trading
There was a 334x increase in the number of users who traded Bitcoin ETFs on Jan 11 compared to the average of Jan 2-10.
There was a 1110x increase in turnover who traded Bitcoin ETFs on Jan 11 compared to the average of Jan 2-10.
Profile of these users
Compared with customers with assets in the market, customers who trade Bitcoin ETFs are mainly male (80%), post-80s (40%), financial and IT industry practitioners, with higher annual income levels (median above 50,000 SGD).
Top 5 traded ETFs
iShares Bitcoin Trust
ARK21 Shares Bitcoin ETF
Bitwise Bitcoin ETF
Grayscale Bitcoin Trust
Fidelity Wise Origin Bitcoin Fund
Characteristics of this group
Higher assets under custody compared to other users
More than half of these individuals have about 80% of their portfolio allocation in equities