Survey: 59% of US Retail Investors More Likely to Invest in Crypto Funds
CryptoNewsTerminal Staff06 Aug, 2024
Survey: 59% of US Retail Investors More Likely to Invest in Crypto Funds
Cointelegraph recently reported on a survey by Washington law firm Barnes & Thornburg, which found that 59% of U.S. retail investors are more likely to invest in crypto funds than they were a year ago. This suggests a growing interest in cryptocurrency among retail investors, despite the recent market volatility. The survey also found that 84% of respondents believe that retail investment in crypto will increase over the next 12 months. This optimism is likely due to the belief that cryptocurrency is a long-term investment with the potential for significant returns. However, the survey also found that some investors are still hesitant to invest in crypto due to concerns about market volatility, fraud, and platform collapses. These concerns are valid, as the cryptocurrency market is still relatively new and unregulated. Overall, the survey suggests that there is a growing interest in cryptocurrency among retail investors. However, some investors are still hesitant to invest due to concerns about market volatility, fraud, and platform collapses.
