Grayscale Survey: COVID-19 made Bitcoin more appealing to investors
The survey tended to support the view of Bitcoin as a "safe-haven" asset. A survey by Grayscale Investments indicates that the COVID-19 pandemic has increased investor appetite for Bitcoin (BTC).Source: Grayscale Investments.The firm surveyed 1,000 U.S. consumers between the ages of 25 and 64 that were involved in personal investments of $10,000 or more in household investable assets. The survey was conducted in June-July 2020. 63% of the respondents who had invested in Bitcoin in the previous four months said that the pandemic had an impact on their decision. Moreover, 39% found Bitcoin....
Related News
Survey data from Grayscale Investments shows the coronavirus pandemic played a role in new investors' decision to buy Bitcoin. As Bitcoin price rises toward $18,000 and traders attempt to secure a new all-time high, the surge of institutional investors jumping on the Bitcoin (BTC) bandwagon continues. This time, institutional and retail investors are both keen to accumulate Bitcoin, and data from crypto derivatives markets shows institutional investors are driving Bitcoin volumes to new highs.BTC futures volume by exchange. Source: Digital Assets DataAccording to research from Grayscale....
A survey from Grayscale Investments suggests interest in bitcoin is on the rise, with the coronavirus being a driver of new investors.
Grayscale's poll found that the majority of people they spoke with were interested in Bitcoin. Crypto investing firm Grayscale recently released its 2020 Bitcoin Investor Study. The report used data from a survey which digitally polled a sizable number of individuals in the U.S. between June and July. Grayscale found the majority of the surveyed people were keen on buying Bitcoin (BTC)."In 2020, more than half (55%) of survey respondents expressed interest in Bitcoin investment products," Grayscale wrote in its October 2020 report. "This marks a significant increase from the 36% of....
If there is one thing bitcoin bull markets are good for, it’s drawing investors into the market. This has been the case for all of the past bull rallies and the 2021 rally was no different. The number of investors who bought their first BTC this year has been significant, soaring higher than the number of investors that were already invested in the cryptocurrency. Grayscale LLC carried out a survey that showed that 2021 has been a remarkable year for new bitcoin investors who flocked to the market en masse. The multiple bull runs this year brought with it heightened interest from both....
A new poll has found that more Australians invest in cryptocurrencies than in gold and silver .... but only by a tiny margin. A survey of more than 2000 Australian investors has found that cryptocurrency is a more popular investment than gold and silver — but it still has a long way to go to catch up to shares. The poll, conducted on behalf of BTC Markets over the month of February, found that 12.6% of Aussie investors hold Bitcoin or other cryptocurrencies, compared to 12.1% who hold precious metals.However, the stock market is by far the preferred in option for investors, with 63.6%....