• Latest
  • Trending
Survey Finds 26% of US Investors Now Owns Top Crypto

Survey Finds 26% of US Investors Now Owns Top Crypto

December 8, 2021
Apple is reportedly testing iPhones with USB-C

Apple is reportedly testing iPhones with USB-C

May 16, 2022
Nintendo Working on Next-Gen Switch Powered by an NVIDIA SoC

Nintendo Working on Next-Gen Switch Powered by an NVIDIA SoC

May 16, 2022
AMD Instinct MI300 Exascale APU Features Zen4 CPU and CDNA3 GPU

AMD Instinct MI300 Exascale APU Features Zen4 CPU and CDNA3 GPU

May 16, 2022
GrAI Matter Labs Unveils sparsity-native AI SoC

GrAI Matter Labs Unveils sparsity-native AI SoC

May 16, 2022
Tecnotree Launches a Transformation Suite for MTN Ghana

Tecnotree Launches a Transformation Suite for MTN Ghana

May 16, 2022
Ghana with Moringa School and Brighter Investment to promote digital skills for jobs

Ghana with Moringa School and Brighter Investment to promote digital skills for jobs

May 16, 2022
SA Obscure Technologies announces strategic alliance with DNSSense

SA Obscure Technologies announces strategic alliance with DNSSense

May 16, 2022
SLVA Cybersecurity to provide crucial new API security solutions

SLVA Cybersecurity to provide crucial new API security solutions

May 16, 2022
Samsung PRO Endurance Up to 256GB microSD Memory Card

Samsung PRO Endurance Up to 256GB microSD Memory Card

May 16, 2022
Apacer AS2280Q4U M.2 PCIe Gen4 x4 NVMe 1.4 for PS5

Apacer AS2280Q4U M.2 PCIe Gen4 x4 NVMe 1.4 for PS5

May 16, 2022
ProGrade Digital SDXC UHS-II V90 512GB U3 Memory Card

ProGrade Digital SDXC UHS-II V90 512GB U3 Memory Card

May 16, 2022
Team Group T-Force Vulcan Z SATA 2.5-Inch With 3D TLC Flash

Team Group T-Force Vulcan Z SATA 2.5-Inch With 3D TLC Flash

May 16, 2022
  • Consumer Watch
  • Kids Page
  • Directory
  • Events
  • Reviews
Monday, 16 May, 2022
  • Login
itechnewsonline.com
  • Home
  • Tech
  • Africa Tech
  • InfoSEC
  • Data Science
  • Data Storage
  • Business
  • Opinion
Subscription
Advertise
No Result
View All Result
itechnewsonline.com
No Result
View All Result

Survey Finds 26% of US Investors Now Owns Top Crypto

by ITECHNEWS
December 8, 2021
in Business
0 0
0
Survey Finds 26% of US Investors Now Owns Top Crypto

A survey made by Grayscale has found that 25% of investors in the United States currently own Bitcoin. This massive number is a significant increase compared to the previous number reported on April 21, at just 14% of Americans holding crypto during that time.

From 14% of Americans to Now 26% of Investors Owning Crypto in the US

Back on April 21, Yahoo Finance published an article detailing how 14% of Americans are now owning crypto. This number, however, refers to not just Bitcoin as the article explained how this also includes Ethereum, as well. 

YOU MAY ALSO LIKE

Elon Musk says Twitter legal team told him he violated an NDA

Samsung is reportedly raising its chipmaking prices by up to 20 percent

As per a recent report published by Grayscale Investments, over a quarter of US investors that were surveyed, 26% of investors in the US said that they already own BTC. To add, out of the group of owners, 46% of them and 44% of them jointly also held Ethereum and Dogecoin in their accounts, respectively.

Survey Shows 77% of Investors Would Like to Gain Exposure to BTC Through ETFs

The survey notes that 77% of the ones surveyed said that they would also likely gain exposure to BTC through an exchange-traded fund. According to the story by CoinTelegraph, the launch of the new Bitcoin ETF has actually played a very pivotal role when it comes to the rise of BTC adoption.

The survey circled around 1,000 respondents, all between the ages of 25 up to 64. All had at least $10,000 investable household assets, which excluded their workplace retirement plans or their real estate. The participants also had at least $50,000 in household income.

How the Investors Participated in Bitcoin

Most of the participants either invested in cryptocurrencies through a trading app or even directly through a crypto exchange. A very small number invested in Bitcoin through the easy traditional self-brokerage or other industry professionals.

In fact, the total number of respondents that were using a financial advisor when it came to crypto exposure fell from a previous 30% in 2020 to only 11% this year.

50% of Participants Said They See BTC as a Long-Term Play

When it came to investment planning, three times as many investors were found to consider owning BTC as an investment instead of a currency. Furthermore, it was found that over 50% of participants said that they look at Bitcoin as a long-term play that they can fit into their overall portfolio strategy.

77% of the participants said that they had already purchased BTC within the last 12 months, while 91% of the respondents are now in the green when it comes to their investment.

As per the article by CoinTelegraph, there were actually near-universal increases when it came to Bitcoin adoption across all different age groups, genders, and even levels of education. With that, the report cited being able to invest even very low amounts, accessibility to cryptocurrency at any time, and a larger sector growth potential as the main reasons behind its popularity.

By Tech Times | Urian B.

ShareTweetShare

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe

Search

No Result
View All Result

Recent News

Apple is reportedly testing iPhones with USB-C

Apple is reportedly testing iPhones with USB-C

May 16, 2022
Nintendo Working on Next-Gen Switch Powered by an NVIDIA SoC

Nintendo Working on Next-Gen Switch Powered by an NVIDIA SoC

May 16, 2022
AMD Instinct MI300 Exascale APU Features Zen4 CPU and CDNA3 GPU

AMD Instinct MI300 Exascale APU Features Zen4 CPU and CDNA3 GPU

May 16, 2022

About What We Do

itechnewsonline.com

We bring you the best Premium Tech News.

Recent News With Image

Apple is reportedly testing iPhones with USB-C

Apple is reportedly testing iPhones with USB-C

May 16, 2022
Nintendo Working on Next-Gen Switch Powered by an NVIDIA SoC

Nintendo Working on Next-Gen Switch Powered by an NVIDIA SoC

May 16, 2022

Recent News

  • Apple is reportedly testing iPhones with USB-C May 16, 2022
  • Nintendo Working on Next-Gen Switch Powered by an NVIDIA SoC May 16, 2022
  • AMD Instinct MI300 Exascale APU Features Zen4 CPU and CDNA3 GPU May 16, 2022
  • GrAI Matter Labs Unveils sparsity-native AI SoC May 16, 2022
  • Home
  • InfoSec
  • Opinion
  • Africa Tech
  • Data Storage

© 2021 iTechNewsOnline.Com - Powered by BackUpDataSystems

No Result
View All Result
  • Home
  • Tech
  • Africa Tech
  • InfoSEC
  • Data Science
  • Data Storage
  • Business
  • Opinion

© 2021 iTechNewsOnline.Com - Powered by BackUpDataSystems

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version