Despite Bitcoin Surge, Crypto Ownership Remains Surprisingly Low
TLDR
- Pantera Capital’s Cosmo Jiang says it is not too late for investors to enter the crypto market.
- Bitcoin recently reached a new all-time high above $126,000, but most investors still have no exposure to crypto.
- A Bank of America survey shows that more than 60 percent of investors hold zero crypto assets.
- Only 21 percent of American adults currently own some form of cryptocurrency, according to the National Cryptocurrency Association.
- The United Arab Emirates leads the world in global crypto adoption, with 25.3 percent of its population holding digital assets.
A top executive at Pantera Capital has stated that crypto markets remain open to new investors, despite record-breaking Bitcoin prices. Cosmo Jiang, a general…