A tenth of households in the eurozone now own cryptocurrencies, according to results of a recent study conducted by the European Central Bank.
The ECB’s Consumer Expectation Survey (CES) for the six large euro countries indicates that as much as 10% of households may own cryptocurrency assets, with retail investors accounting for a big part of the investor base.
The majority of the cryptocurrency asset owners held less than €5,000 in cryptocurrency assets, slightly higher than those with smaller holdings of below €1,000.
Results indicate that the higher a household’s income, the chance that it is to hold cryptocurrency assets is higher, with lower-income households more likely to hold cryptocurrencies than those in the middle income.
The study also found that young adult males and highly educated respondents were more inclined to invest in cryptocurrency assets in the countries surveyed.
EZU is down 0.54%, while BITO is up 1.55%.
Source: European Central Bank
