A recent Gallup survey reveals that 14% of American adults currently own cryptocurrency, while 60% express no interest in purchasing it, and only 4% plan to buy crypto in the near future. Despite a recent market rebound that has driven investors toward riskier assets such as meme stocks, cryptocurrencies, and shares of smaller, unprofitable companies, the majority of U.S. investors continue to perceive cryptocurrency as a high-risk investment. Data from Goldman Sachs indicates that retail investors are increasingly focused on small-cap stocks in emerging sectors like crypto, artificial intelligence, retail, and quantum computing, rather than on broader indices such as the S&P 500 (SPX) and Nasdaq 100 (NDX). Additionally, 64% of U.S. investors holding stocks or bonds now consider cryptocurrency to be a "very risky" asset, up from 60% in 2021.
COMMENT: Among U.S. investors, including those holding stocks or bonds, 64% now view cryptocurrency as a “very risky” asset—up from 60% in 2021. https://t.co/jZH8S3Vi1w
GS: "It is clear from our data that retail investors are focused on small-caps in the crypto/AI/retail/quantum-computing spaces rather than on SPX and NDX stocks broadly. This is surprising given all the meme stock activity in the market." https://t.co/C1ENb4jzgX
LATEST: 🇺🇸 Only 14% of US adults own $BTC or other crypto, per Gallup’s new survey. https://t.co/ehdcqfsRe2