Circle Survey Finds Twice As Many Men Invest in Cryptocurrencies As Women

The survey also found that roughly 25 percent of millennials are interested in investing in cryptocurrencies over the next year.

AccessTimeIconSep 14, 2018 at 6:36 p.m. UTC
Updated Aug 18, 2021 at 9:50 p.m. UTC

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

One in four Millennials are interested in investing in cryptocurrencies over the next year, a new poll finds.

Crypto finance company Circle conducted a survey of more than 3,000 individuals earlier this week, finding that a majority of Millennials believe themselves to be "aggressive" investors in the technology. Members of other demographics, including Generation X and Baby Boomers, were also polled.

  • Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
    13:18
    Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
  • Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
    05:10
    Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
  • The first video of the year 2024
    04:07
    The first video of the year 2024
  • The last regression video of the year 3.67.0
    40:07
    The last regression video of the year 3.67.0
  • The Goldman Sachs-backed payment platform used SurveyMonkey to collect its results, though it only published responses from users who identified as "aggressive investors."

    Notably, the results found that nearly twice as many men invest in cryptocurrencies when compared to women. Forty-two percent of male Millennials, 34 percent of men identifying in Generation X and 16 percent of male Baby Boomers have looked into asset classes like cryptocurrencies, versus 27 percent of Millennial women, 19 percent of Generation X women and 9 percent of female Baby Boomers.

    Separately, and perhaps unsurprisingly, the survey found that as investors get older, the percentage of "aggressive" investors drops, from 65 percent of Millennials to only 25 percent of Baby Boomers.

    The insight that women are a minority in the crypto space is not novel. The social trading platform, eToro, surveyed its users this past May, with its report revealing that only 8.5 percent of all users were women. As of March, the company had over 9 million users.

    Business miniatures image via Shutterstock

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.