Survey Finds 40% of US Investors Intend to Include Cryptocurrency in Future Portfolios

Survey Finds 40% of US Investors Intend to Include Cryptocurrency in Future Portfolios

A recent survey conducted by the Global Blockchain Business Council (GBBC) has revealed that 40% of US investors intend to include cryptocurrency in their future portfolios. This is a significant shift in the investment landscape, as cryptocurrency has traditionally been viewed as a risky and volatile asset class.

The survey, which was conducted in April 2021, included responses from more than 1,000 US investors. It found that 40% of respondents said they plan to invest in cryptocurrency in the future. This is a notable increase from the 17% who said they had invested in cryptocurrency in the past.

The survey also found that the majority of investors who plan to invest in cryptocurrency are younger, with nearly half (49%) being between the ages of 18 and 34. This suggests that younger investors are more likely to embrace cryptocurrency as a legitimate asset class.

The survey also revealed that the most popular cryptocurrencies among US investors are Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). These three cryptocurrencies accounted for nearly two-thirds (64%) of all cryptocurrency investments made by US investors.

The survey results indicate that cryptocurrency is becoming increasingly popular among US investors. This is likely due to its potential for high returns, as well as its decentralized nature and ability to provide a secure store of value.

It is important to note, however, that investing in cryptocurrency carries significant risks. Cryptocurrency prices can be highly volatile, and there is no guarantee of returns. Therefore, it is important for investors to do their research and understand the risks involved before investing in cryptocurrency.

Overall, the survey findings suggest that cryptocurrency is gaining traction among US investors. As more investors become comfortable with the asset class, it is likely that its popularity will continue to grow.