Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

KPMG: Bitcoin Still Dominates 91% of Investors’ Portfolios

CointimeCointime2024/04/15 04:55
By:Cointime

According to a recent study by KPMG, after a tumultuous year in the cryptocurrency market, investor sentiment appears to be rebounding. Bitcoin still dominates investors' portfolios (91%), followed by Ethereum (78%), reflecting a strong asset preference.

The study surveyed around 2,400 private cryptocurrency investors in Germany, Austria, and Switzerland, and found that cryptocurrency investments have increased, with 54% of respondents allocating more than 20% of their total investments to digital assets. Investors who put more than 50% of their assets into cryptocurrency are committed to long-term investment in the industry, typically for 3 to 5 years.

However, the study also highlighted a shift in investor behavior characterized by greater caution and scrutiny. In particular, market entrants are conducting more thorough evaluations of investment opportunities and demanding greater efforts from providers to convert interest into actual customers. This trend is evident in the significant gap between cryptocurrency exchange registrations and active use.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Stake to earn
APR up to 10%. Always on, always earning.
Stake now!