Among crypto investors, men are twice as likely as women to invest, according to the CNBC and Momentive study (formerly Survey Money). Decrypt has looked into how the industry perceives these data.
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According to the survey, 16% of male respondents invested in digital assets. Among women, this share was 7%.
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The gender gap is higher than in ETF, individual stocks, mutual funds, bonds and the real estate sector. The authors see this as inconsistent with the professed inclusivity of cryptocurrencies.
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\”This is a problem. To drive a financial revolution, there must be diversity in perspectives and participation,\” commented Haley Lennon, a lawyer at Anderson Kill.
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She said that in order for crypto to be adopted further, the share of women among crypto investors must rise. Lennon noted that by nature women are \”more conservative in finance.\” In her view, time will be required given the \”relatively low predictability of the new asset class.\” The lawyer also expressed confidence that the disparity will disappear in time.
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Heather Delani, CEO of Gallium Ventures, said there is a need to strengthen trust in the digital-assets space. Educational initiatives could make a significant contribution, she added.
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Jason Din, an analyst at Quantum Economics, noted that in the future the gender gap will close as Bitcoin is \”the most inclusive asset in history.\”
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Samantha Yap, Head of Yap Global, drew attention to the fact that existing data may be imprecise due to the anonymized nature inherent to cryptocurrencies.
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According to a BDC Consulting survey, 59% of women buy cryptocurrencies, based on market capitalization.
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