Grayscale finds that over 25% of US households surveyed currently own Bitcoin

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More than a quarter of U.S. investors surveyed (26%) said they already own bitcoin (BTC), according to a report by Grayscale Investments on Monday. Among this ownership group, 46% and 44% also have Ethereum (ETH) and Dogecoin (DOGE) in their accounts, respectively. Another three-quarters (77%) of respondents said they would probably access bitcoin through an exchange-traded fund.

The survey included 1,000 respondents between the ages of 25 and 64. Everyone has at least $ 10,000 in invested family assets (excluding workplace or real estate retirement plans) and at least $ 50,000 in family income. Most of them invest in cryptocurrencies through a trading app or directly through a cryptocurrency exchange. Very few people invest in Bitcoin through traditional or industry-specific brokers. In fact, the number of respondents using a financial advisor to deal with cryptocurrencies has dropped from 30% in 2020 to just 11% this year.

When it comes to investment planning, three times as many investors view BTC as an investment rather than a currency. Furthermore, more than 50% of respondents said that they see Bitcoin as a long-term game that can fit into their overall portfolio strategy. Seventy-seven percent said they had bought bitcoin in the past 12 months. 91 percent of those surveyed are currently unsure of their investment.

Bitcoin adoption has increased globally across almost all age groups, genders and levels of education. As the main reasons for its popularity, the authors mention the possibility of investing very small amounts, the availability at any given time and the high growth potential of the sector.

Source: CoinTelegraph

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