The launch of a Bitcoin ETF played a pivotal role in the rise of BTC adoption.
According to a report published by Grayscale Investments on Monday, more than one-quarter of U.S. investors surveyed (26%) said they already own Bitcoin (BTC). Out of this group of owners, 46% and 44% also jointly held Ethereum (ETH) and Dogecoin (DOGE) in their accounts, respectively. An additional three-quarters of the participants (77%) said they would likely gain exposure to Bitcoin through an exchange-traded fund.
The
survey featured 1,000 respondents between the ages of 25 and 64. All
had at least $10,000 in investable household assets (excluding workplace
retirement plans or real estate) and at least $50,000 in household
income. Most invest in cryptocurrencies via a trading app or directly
through a crypto exchange. Very few invest in Bitcoin through a
traditional self-brokerage or industry professionals. In fact, the
number of respondents using a financial advisor for crypto exposure fell
from 30% in 2020 to just 11% this year.
In terms of investment
planning, three times as many investors would consider owning BTC as an
investment rather than a currency. Furthermore, over 50% of participants
said they perceive Bitcoin as a long-term play that can fit in their
overall portfolio strategy. Seventy-seven percent said they had
purchased BTC within the last 12 months. Ninety-one percent of
respondents are currently in the green regarding their investment.
There
were near-universal increases in Bitcoin adoption across all age
groups, genders and levels of education. The reported cited being able
to invest very low amounts, accessibility at any time and a large sector
growth potential as key reasons for its popularity.
source link : https://cointelegraph.com/news/grayscale-finds-that-over-25-of-us-households-surveyed-currently-own-bitcoin
