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…

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