A new survey by Zerohash, a crypto payments company, found that cryptocurrencies have become an important part of investment plans for many younger clients.
The study, which surveyed 500 Americans aged 18 to 40, showed that 35% had already moved money away from advisers who did not offer crypto options.
Participants reported annual incomes between $100,000 and $1 million. Among those who switched, more than half moved between $250,000 and $1 million.
Did you know?
Subscribe – We publish new crypto explainer videos every week!
Crypto Token VS Coin (Animated Explainer & Examples)
People earning $500,000 or more were most likely to leave their advisers. Zerohash said that half of the respondents in this income group had changed advisers due to the lack of crypto access.
Many respondents said their trust in cryptocurrency had grown as large financial firms such as BlackRock, Fidelity, and Morgan Stanley entered the market. Over 80% said these companies’ involvement made them feel more confident about the future of digital assets.
Most participants also planned to expand their crypto investments. 84% expected to increase their holdings within the next year, and nearly half said they would make a “significant” increase.
Investors also said they wanted secure and regulated crypto options managed alongside their traditional assets.
The findings show that clients are looking for more than just Bitcoin
Meanwhile, Most institutional Bitcoin investors know little about the Core–Knots dispute, according to Alex Thorn’s survey. What did Thorn say? Read the full story.
