Originally released On: 07 DEC 2021 via Cointelegraph (Link below)
Australian women owning Crypto has doubled in 2021: Survey Results
The 2021 Independent Reserve’s Cryptocurrency Index (IRCI) of 2000 Australians found that the number of women who currently or have previously invested in Crypto rose from 10.3% in 2020 to 20% in 2021. The percentage of female Bitcoin owners also rose from 8.3% to 14.8%, according to the survey.
Karen Cohen, deputy chair for the board of Blockchain Australia, said that more women have entered the crypto market this year as the asset class has continued to become a mainstream investment.
Co-founder of Independent Reserve Adrian Przelozny added that “over time, as cryptocurrency investments become more acceptable and mainstream, the perceived risk also reduces.”
He added: “I think that as that happens, you’ll see more and more women enter the market.”
Research by Grayscale from 2019 shows that women tend to be more risk-averse investors, which is often given as a reason for the gender gap between female and male crypto investors.
Cohen said, “A lot of women are getting referrals from their friends and family, so they’re getting a feeling a bit safer to get involved.”