Crypto Investors are Increasing Despite Harsh Crypto Winter
According to a recent poll, where traditional asset classes fail to stimulate greater adoption among women, crypto appears to have found success in bringing women on board. Crypto is currently the second most popular asset class for women, trailing only cash.
This is according to the latest Retail Investor Beat from eToro, which polled roughly 10,000 global retail investors in 13 countries. Women are becoming interested in cryptocurrency.
According to data, ownership climbed from 29% in the third quarter of 2022 to 34% in the most recent quarter. This indicates that cryptocurrency is succeeding where traditional financial markets have sometimes failed, namely by attracting more women.
While female crypto usage took off in the fourth quarter of 2022, male ownership climbed by only 1% over the same timeframe. Meanwhile, despite being the worst-performing asset class last year, the aggregate proportion of global investors owning crypto increased from 36% to 39% quarter on quarter.
When asked why more investors are entering the crypto world, 37% indicated that they are taking advantage of the possibility to achieve high returns, while 34% believe in the power of blockchain and believe crypto is a transformational asset class.
Crypto Owners in Each Continent
Source: Triple-A
Sources:
https://finance.yahoo.com/news/crypto-second-most-owned-asset-134040152.html
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