Number Of Investors Holding Bitcoin Tripled In Last Three Years

A recent Gallup poll has shown that the number of investors who own bitcoin has tripled since 2018. U.S. investors are showing increasing interest in the digital asset. The number which sat at 2% back in 2018 has now tripled in 2021 as that number now sits at 6%. The investors included in the poll were investors who owned $10,000 or more worth of stocks, bonds, and or mutual bonds. Ownership among investors aged 18 to 49 had grown 10 percentage points to 13%, up 10% from just 3% back in 2018. While investors aged 50 and older, only 3% said they owned bitcoin. Compared to 1% from back in 2018, showing the number had tripled in the last three years. Risk Tolerance For Bitcoin On The Rise From 2018 until now, the number of investors who think bitcoin is “too risky” to invest has been declining steadily. The poll showed that following the 6% of investors that confirmed they already owned bitcoin now, another 2% of investors said they would most likely buy into the digital asset in the near future.  In comparison to 2018, less than 0.5% of investors had said that they would probably buy the cryptocurrency in the near future. Related Reading | SpaceX Has Bitcoin On Its Balance Sheet, Elon Musk The number of investors who said they would never buy bitcoin had also dropped. The poll in 2018 had shown that 72% of investors said they would never consider buying into bitcoin, showing absolutely no interest in t...