Report of Hong Kong Investment Commission on “Investor Behavior in Virtual Assets”: Nearly 90% Aware of High Risks, Aspire for Short-term Gains
Recognition of the new virtual asset trading licensing system varies among investors, with virtual asset investors having a higher level of awareness.
Investment intention: Some investors are not interested in virtual assets due to perceived risks, limited knowledge, and lack of regulation.
Market outlook: Virtual asset investors generally hold an optimistic attitude towards the importance and potential long-term capital returns of virtual assets.
Storage platforms: Despite the bankruptcy of FTX, trading platforms remain the most common choice for storing virtual assets, while also significantly utilizing hot wallets, cold wallets, and third-party custody.
Factors for choosing a trading platform: Security measures, fees/interest rates, and level of regulation are the main factors to consider when choosing a trading platform.