- 43 percent of investors are interested in women – survey
- More women investments as a hedge rather than a way to get rich
Cryptocurrency News Today – On December 4, the operator of Bitcoin (BTC) fund Grayscale released a report that suggests that 43 percent of people that are interested in Bitcoin (BTC) are women. The survey was carried out between March 28 and April 3 this year. It survey was targeted at investors in the United States between the ages of 25 and 64, and the total respondents are 1,100.
All the respondents were involved in personal investing and they have a minimum of $10k in investable assets with a minimum of $50k in household income.
Forty-Three Percent of Investors Interested in BTC are Women
According to the report, the digital currency space is mainly believed to be dominated by males. Furthermore, according to Google Analytics, more than 90 percent of Bitcoin (BTC) community engagement is male. Nevertheless, the data revealed in the survey contradicts all these perceptions. The report states:
“Bitcoin conversations tend to focus on a predominantly male investor audience, and yet data indicates women have a healthy interest in Bitcoin as well.”
Notably, 56.4 percent of men and 56.2 percent of women see considerable growth opportunities in digital currencies. In addition, 49.8 percent of women believe that the finite supply of Bitcoin (BTC) could drive demand and push the price of the digital currency higher. About 50 percent of men also have the same belief.
Besides, 47 percent of women compared to just 39 percent of men believe this is the time to acquire more BTC because they believe that the price of the digital currency will only rise. Fascinatingly, 63 percent of women compared to 56 percent of men agreed that the ability to buy only a small fraction of Bitcoin was a compelling reason to join the digital currency space.
According to the survey, 43 percent of investors interested in Bitcoin (BTC) were women. Moreover, 80 percent of women were intrigued by the potential of the digital currency while 93 percent said that they would be more open to the asset class if there are more educational resources.
Women See Investment As a Way of Protecting Themselves
According to the report, women tend to see investments as a way of protecting themselves and their families instead of a way to get rich. For instance, 60 percent of them gave more importance to financial security than creating wealth, while just 48 percent of men shared this view. This shows that women are more risk-averse than men are.