untitled design

Grayscale: a quarter of US investors own cryptocurrencies

A survey by Grayscale Investments showed that 26% of American investors with capital over $ 10,000 hold cryptocurrencies in their portfolios. At the same time, 55% of respondents bought them in the last 12 months.

The report says that two-thirds of investors who bought bitcoin more than a year ago still hold cryptocurrency. Of those who sold their BTC holdings, the vast majority (91%) made a profit. At the same time, 77% of investors noted that they would be more likely to buy bitcoin if a direct Bitcoin ETF was approved in the United States.

Interest in buying cryptocurrencies continues to grow. So, in 2019, 36% of respondents thought about investing in investment products for bitcoin. In 2020, the percentage increased to 55%, and this year 59% of respondents are already considering such investments. The rejection of such investments was reported by 15% of survey participants.

Interestingly, 55% of investors view Bitcoin as a long-term investment, and only 37% of those surveyed buy BTC for quick profits. 26% of respondents reported that they consider bitcoin as a currency, and 77% of respondents see it as an investment asset.

About half of bitcoin owners hold other cryptocurrencies as well. 46% of the surveyed BTC owners also invested in ETH. The Dogecoin cryptocurrency remains very popular – 44% of investors who own bitcoin also hold DOGE. Litecoin was in third place in popularity – it was bought by 26% of bitcoin owners.

A recent survey by the Crypto.com platform showed that 26% of cryptocurrency holders in Australia are considering gifting their loved ones cryptoassets for Christmas. Many are planning to donate branded items, books or NFTs.

You may also like

Get the latest

Stay Informed: Get the Latest Updates and Insights

 

Most popular