New Report By BitPanda Shows About 20% Of European Crypto Holders Are Women
Since the advent of crypto, there has been a huge gap in the popularity of the product, in the employers between the two sexes. It is mostly due to the fact that men seem to be bigger risk-takers, but the gap was still relevant especially when it comes to crypto being a cross-cultural phenomenon.
However, there are reports that show the landscape might be shifting. Fintech firm Bitpanda and market research company GlobalWebIndex report says that among European crypto holders is 78% male and 22% female. In contrast, earlier stats showed this number would be skewed to a 90-10 ratio before.
The report claims:
“1 in 5 are women, and 40% are over the age of 35. It’s also relevant that the majority – 54% – do not have university degrees, even though cryptocurrency holders are far more likely to.”
There is good news. When it comes to attitudes, there’s very little difference between men and women. Male cryptocurrency holders are somewhat more likely to say they feel positive about the future of the economy, to say they are risk-takers, and to say they value having the latest technological products when they’re compared to their female counterparts. But this difference pales when we compare cryptocurrency holders to the general public
In the survey, Bitpanda says:
“While business leader surveys and ad-hoc surveys on cryptocurrency are commonplace now, [our] report is able to draw on a much wider set of data points to paint a more holistic, nuanced picture of the men and women who hold cryptocurrency as part of their savings or investment portfolio.”
The CEO of Bitpanda, Eric Demuth says:
“We wanted to demystify the people that shape the cryptocurrency industry. I'm hoping this report will help everyone to better understand who these people are, what their attitudes are, as well as their lifestyle, finance & investment behaviors.”
Despite the obstacles women may encounter when entering the crypto space, women are steadily building a presence, letting their successes drown out the naysayers. Several women made a name for themselves in crypto.