todayonchain.com

US investors consider crypto less as risk-taking drops: FINRA study

Cointelegraph
A FINRA study shows US crypto investor numbers are steady, but fewer plan to buy more as risk appetite declines.

Summary

A study by the Financial Industry Regulatory Authority (FINRA) indicates that while the percentage of US investors holding cryptocurrency remained steady at 27% between 2021 and 2024, there is a notable decrease in the intention to invest further. Specifically, the number of investors considering buying more crypto or investing for the first time dropped to 26% in 2024 from 33% in 2021. This aligns with a broader trend showing a drop in high-level investment risk-taking, which fell four percentage points overall, with the sharpest decline among investors under 35. Furthermore, 66% of respondents now view crypto as risky, up from 58% in 2021. FINRA concluded that the results suggest a "modest trend toward more cautious attitudes and behaviors" compared to their 2021 survey, likely influenced by macroeconomic uncertainty.

(Source:Cointelegraph)