Recent results from the ECB’s survey of consumer expectations from six major euro area countries show that up to 10% of households may hold cryptocurrencies or similar digital assets (Table A).
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Most holders reported a value of less than €5,000. However, around 6% of owners confirmed that their value exceeds €30,000 (Table B).
Looking at the income quintiles of respondents, we see a U-shaped pattern: the higher the income of a household, the more likely they are to own digital assets, followed by lower income households. Fewer are those in middle-income households (Table C).
The key demographic of those who invest in cryptocurrencies is young adult males and are highly educated.
