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Summarize this article with:
Why do some buy bitcoin while others prefer to stay away? A study by the Cleveland Federal Reserve points less to age or income than to a harder-to-measure factor: what each person thinks about the future return of crypto. And a few figures on past performance can sometimes be enough to tip the undecided.
In brief
- The Cleveland Fed publishes a study showing that households’ return expectations explain crypto holdings better than age, income, or gender.
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