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Friday, October 4, 2024

Grayscale Found That Over 25% of US Households Currently Own Bitcoin

More than a quarter of the US investors about 26% said they own Bitcoin (BTC)., 46% own Ethereum and 44% invested in Dogecoin

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According to a report published by Grayscale Investments on Monday, more than a quarter of the US investors about 26% said they own Bitcoin (BTC). In addition to this group of investor, 46% own Ethereum (ETH) and 44% invested in Dogecoin (DOGE). Further more than three quarters of investor about 77% said they likely invested in Bitcoin through an exchange fund.

Greyscale bitcoin
Greyscale Investment’s Report

 

This survey was conducted by Greyscale among 1000 crypto investor between the ages of 25 and 64.

More than 30% of investors want Bitcoin offered at more financial institutions

All investor had a minimum of $10,000 in investable family property (excluding workplace retirement plans or actual property) and a minimum of $50,000 in family income. Most invest in crypto through a trading app or directly through a crypto exchange. Very few people invest in Bitcoin through a traditional self-broker or industry expert. In fact, the number of respondents using financial advisors for crypto exposure has dropped from 30% in 2020 to just 11% this year.

More than half (55%) of investors perceive Bitcoin as a long-term play that fits into their overall investment strategy

Furthermore, over 50% of investor mentioned they see Bitcoin as a long-term game that can match of their total portfolio technique. 77% mentioned they bought BTC inside the last 12 months. 91% of respondents are currently within the inexperienced relating to their funding.

Bitcoin adoption increased throughout all age teams, genders, and training ranges. The reported cited having the ability to make investments very low quantities, accessibility at any time, and enormous sector development potential as key causes for its recognition.

 

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