Grayscale survey: More than one-third of American investors would consider buying bitcoin
The survey showed 21 million investors in the U.S. would consider investing in bitcoin, although a number of concerns are still keeping them from diving into the market.
Despite bitcoiners being associated with America's youth, most interested investors are parents. According to the survey, published Thursday, over one-third (36%) of Americans are interested in buying into bitcoin, but issues such as hacks and lack of regulation are keeping cryptocurrencies from reaching a broader audience.
Grayscale said its research has shown that even a small allocation to cryptocurrencies can increase overall portfolio performance by only “modestly increasing” risk.
Grayscale finally said more education from financial advisors and other intermediaries would help them move away from the sidelines as the future of investing is digital and bitcoin is “here to stay.”