Among crypto investors, there are twice as many men as women, according to a study by CNBC and Momentive (formerly Survey Money). Decrypt found out how this data is perceived in the industry.
According to the survey, 16% of male respondents have invested in digital assets. Among women, this share was 7%.
The gender gap is higher than in ETFs, individual stocks, mutual funds, bonds, and the real estate sector. The authors see this as a discrepancy with the declared inclusiveness of cryptocurrencies.
"This is the problem. Making a financial revolution requires diversity in perspective and participation,” commented Hailey Lennon, an attorney for Anderson Kill.
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Further adoption of cryptocurrencies requires an increase in the proportion of women among crypto investors, she said.
Lennon noted that by nature, girls are "more conservative in finances." In her opinion, it will take time given the "relatively low predictability of the new asset class." The lawyer also expressed confidence that the disparity will disappear in the future.
Gallium Ventures CEO Heather Delaney said there is a need to build confidence in the digital asset space. Educational initiatives can make a significant contribution to this, she added.
Quantum Economics analyst Jason Dean noted that the gender gap is going to disappear in the future as bitcoin is "the most inclusive asset in history."
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The head of Yap Global, Samantha Yap, drew attention to the fact that existing data may be inaccurate due to the inherently anonymous nature of cryptocurrencies.
Recall, according to a survey by BDC Consulting, 59% of women buy cryptocurrencies, focusing on their capitalization.