eToro Survey Shows, Women Own Crypto Assets In Second Place
Cryptocurrency has been called the worst-performing asset class over the past year. But the number of global investors who own it went up from 36% to 39% from one quarter to the next.
According to a recent survey, traditional asset classes haven’t been able to get more women to invest in them, but crypto has been able to do so.
The eToro team sent data showing that crypto is now the second most popular asset class for women to own, after cash. This comes from eToro’s latest Retail Investor Beat, which surveyed about 10,000 retail investors in 13 countries.
According to the survey results, there is a significant rise in women who own cryptocurrency. From the third quarter of 2022 to the last quarter, the number of people who owned their homes went from 29% to 34%. The eToro team says that crypto is “succeeding where traditional financial markets have sometimes failed” by bringing more women into the market.
Source: eToro
In the last quarter of 2022, the number of women who own crypto went through the roof. But the number of men who owned crypto only went up by 1% in the same time period.
Even though crypto considered the worst-performing asset class last year. The number of global investors who owned crypto rose from 36% to 39% from one quarter to the next.
In addition to women joining, older investors who bought the dip affect the data. Crypto ownership grew 5% among 35–44-year-olds and 45–54-year-olds, suggesting older individuals are buying it.
37% of investors seek huge returns, which is why more are investing in crypto. While 34% said they believe in the power of blockchain and think crypto is a transformative asset class.
Small investors are just some of the ones putting money into blockchain technology. Businesses are also starting to do the same. CasperLabs surveyed 603 companies on January 12 and found that 90% have already used blockchain.
