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According to the United Morning Post, the latest survey report of the crypto exchange Independent Reserve shows that Singaporeans's awareness of cryptocurrencies has risen to 94%, a record high, but the actual holding rate has dropped from 40% last year to 29%. According to the survey, Bitcoin is still the most popular crypto asset. 68% of cryptocurrency investors hold Bitcoin, and 86% believe that it has monetary attributes or investment value. In terms of investment methods, 61% of investors tend to hold cryptocurrencies directly rather than invest through exchange-traded funds (ETFs). The survey was conducted in February this year and covered 1,500 respondents.