U.S. Financial Industry Regulatory Authority: American investors' willingness to invest in cryptocurrencies declines

According to Cointelegraph, research by the Financial Industry Regulatory Authority (FINRA) shows that while the proportion of investors holding cryptocurrencies remained steady at 27% from 2021 to 2024, the percentage of investors considering increasing their holdings or making their first purchase of cryptocurrencies dropped from 33% in 2021 to 26% in 2024.

The proportion of high-risk investors decreased by 4 percentage points to 8% since 2021, with the largest decline among investors under 35, who saw a drop of 9 percentage points to 15%. FINRA believes that interest rates, inflation, and economic uncertainty have prompted investors to turn to safer assets.

The survey covered 2,861 investors and 25,539 adults, finding that 66% of respondents view cryptocurrencies as high-risk investments (up from 58% in 2021). However, one-third of investors believe that taking high risks is necessary to achieve financial goals, with this figure reaching 50% among respondents under 35.

The pace of new investors entering the market has also noticeably slowed, with only 8% of investors having entered the market in the past two years, down from 21% in 2021. FINRA concluded that there is an overall moderate trend towards a more cautious attitude and behavior.