Wealthy Americans Embrace Cryptocurrency for Financial Security – BitRss

Interest in cryptocurrency is rising among wealthy American investors. A recent study by Grayscale Investments has revealed that 26% of individuals capable of investing at least $1 million own cryptocurrency. The survey of 5,368 investors planning to vote in the 2024 U.S. presidential election highlights the growing appeal of digital assets in the country.

High-Income Investors Turn to Cryptocurrency

Among the high-net-worth investors surveyed, 38% indicated they plan to include cryptocurrency in their portfolios in the future. This figure stands at 53% for those under 50, while it is only 22% for those aged 50 and above. Younger investors are demonstrating bolder behavior in diversifying their financial strategies and taking risks.

The percentage of investors who perceive cryptocurrencies as long-term investment opportunities is identified at 22%. Additionally, 36% of respondents have turned to assets like Bitcoin $