The number of women in Norway who own some form of cryptocurrency will double in 2021, according to a new survey.
The survey, conducted by Arcane Research and Ernst & Young, found that the percentage of women in Norway who own crypto assets has soared from 3% in early 2021 to 6% as of March 30 this year. The online survey interviewed 1,000 Norwegians aged 15 and over and was conducted in partnership with NORSTAT, one of the leading data collectors for Nordic market research services.
Almost two-thirds of all female respondents said they made their first cryptocurrency purchases in 2021. Until this recent survey, the gender gap in cryptocurrency ownership in Norway had been widening, with the percentage of women owning cryptocurrencies holding steady at 3 percent from 2019 to early 2021. Over the same period, the percentage of men who own cryptocurrencies will rise from 6% in 2019 to 14% in 2022.
The survey also found that overall, around 10% of the Norwegian population (equivalent to 420,000 people) now own some type of cryptocurrency, meaning that cryptocurrency ownership in Norway has doubled overall since 2018. Fan.
Norway isn’t the only country seeing more women getting involved in cryptocurrencies — Cointelegraph reported in December that a study by Australian cryptocurrency exchange Independent Reserve found that the number of Australian women investing in cryptocurrencies has also dropped from 10% in 2020. doubled to 20% by the end of 2021.
A 2022 Turkey survey published by KuCoin in March of this year showed that the distribution of male and female crypto users in the country is more even, with women accounting for nearly half (47%) of all crypto investors and accounting for the "crypto-curious" population 63% of the total.
While the trend towards more equal participation in cryptocurrencies looks positive, there are still notable gaps in specific areas of the cryptocurrency industry. In the NFT field, female creators only account for 5% of the total market sales.
Global ownership of cryptocurrencies continues to grow. About half of Germans said they were ready to invest in cryptocurrencies, with women accounting for 53 percent, according to a KuCoin survey published last week.
According to Cointelegraph, Florian Döhnert-Breyer, managing director of German crypto fund F5 Crypto, said that Germany will be seen as a model for the widespread adoption of crypto investments: “As the largest country in the European Union, Germany is notoriously risk-averse towards financial assets. , it can play a special role."
“The high number of women interested in cryptocurrencies is particularly encouraging because, on average, this target group is less active in financial markets such as the stock market.”
Research conducted by Grayscale in 2019 revealed that women tend to be more risk-averse investors, which is often cited as part of the reason for the gender gap between the number of female and male crypto investors.
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