US investors are less interested in crypto, with a drop in risk-taking behavior, according to a FINRA study. The percentage of crypto investors remained steady at 27%, but those considering buying dropped from 33% in 2021 to 26% in 2024. High-risk investors fell to 8%, with the biggest drop seen in those under 35.
Investment in crypto has remained stable, but interest in adding it to portfolios has declined. Uncertainty in the economy has led investors to seek safer assets. FINRA’s study in 2024 shows a shift towards more cautious attitudes among investors compared to 2021.
The study also found that 66% of respondents view crypto as a risky investment, up from 58% in 2021. A third of investors feel they need to take risks to reach financial goals, with 50% of those under 35 agreeing. Some investors, especially younger ones, have purchased meme stocks and viral investments.
The pace of new investors entering the market has slowed, with only 8% reporting market entry in the last two years, compared to 21% in 2021. A reversal in young investor participation was noted, bringing the number of US adults under 35 investing back to 2018 levels. Overall, the study indicates a cautious trend among investors.
Read more at Cointelegraph: Crypto Interest Drops Among Investors as Risk-Taking Declines
