Survey: 14% of US adults own cryptocurrencies, 64% of investors consider them extremely risky

On July 27 (UTC+8), according to CoinDesk, a Gallup poll found that only 14% of American adults own cryptocurrencies, 60% of respondents said they have no interest in buying, and only 4% of respondents plan to buy in the near future. In addition, among American investors holding more than $10,000.00 in stocks, bonds, or mutual funds, 55% believe the asset class is "very risky." Even among those who claim to understand cryptocurrencies, most still consider it a risky investment. Among American investors, 64% believe the asset class is "extremely risky," up from 60% in 2021. Furthermore, about one in seven Americans hold cryptocurrencies, while nearly six in ten Americans own stocks or real estate. Only 4% of adults believe that cryptocurrency is the best long-term investment. The survey shows that while a quarter of men aged 18 to 49 hold cryptocurrencies, cryptocurrency ownership among women and older adults drops sharply. College graduates and high-income earners have above-average participation, but older adults and low-income households remain largely absent from the space. Knowledge gaps also remain. Almost all respondents have heard of cryptocurrencies, but only 35% say they truly understand how they work. Younger men and wealthier individuals are the most familiar. [MetaEra]