Women’s Crypto Ownership on the Rise, Research Shows

• Women are increasingly owning cryptocurrencies, with the ownership rate rising from 29% to 34% in the third quarter of 2022.
• This demonstrates that traditional financial markets have failed to be more inclusive of women.
• A survey conducted by eToro revealed that cryptocurrencies are the second most owned asset by women after fiat currency or cash.

In today’s times, there is a growing trend of women investing in cryptocurrencies. A report from eToro titled “Retail Investor Beat” showed that crypto is the second most owned asset by women after fiat currency or cash. This report came after the eToro team surveyed close to 10,000 global retail investors in 13 different countries.

The survey revealed that the adoption of this particular asset class grew substantially among women, with their ownership increasing from 29% in the third quarter of 2022 to 34% in the last quarter of 2022. This implies that somewhere, investing in cryptocurrencies has made more sense to women than investing in or possessing traditional financial assets.

Crypto undoubtedly had its worst year in 2022, with the overall global ownership increasing from just 36% to 39% in a quarter. However, men have barely increased their crypto ownership compared to women, as male ownership witnessed a 1% increase in the aforementioned time period.

The increasing digital asset ownership among women simply demonstrates that traditional financial markets have failed to be more inclusive of women. Despite the lack of broader adoption, women are still taking part in the crypto space, which is a sign that this asset class could be here to stay.

It is clear that cryptocurrency has become a more attractive option for women. Not only does this provide them with more investment opportunities, but it also gives them the ability to make their own decisions, rather than relying on financial advisors or other external sources.

As more and more women are getting involved in the crypto space, it is likely that the trend will continue in the future. This could provide a positive outlook for the industry, as the presence of more women in crypto could bring more stability and trust to the market.

Therefore, the report from eToro shows that women are increasingly investing in cryptocurrencies, and this trend is likely to continue in the future. This could provide a much-needed boost to the industry and could help it become more inclusive and accessible.