On average 10% of the euro zone family units have exposure to cryptocurrencies as the percentage is the highest in The Netherlands.
A survey executed by the European Central Bank estimated that 10% of the eurozone households are crypto HODLers. Wealthier families are more inclined toward purchasing bitcoin and altcoins.that approximately one in ten family units in the following six European countries own cryptocurrencies. 37% of the HODLers admitted investing around $1,065 into the market, 29% had distributed between $1,065 and $5,350, while 13% allocated up to $10,700.
The rich proportion of the population finds the niche more attractive. The ECB estimated that young men, well-educated individuals, and those with high financial knowledge represent the biggest chunk of crypto investors: On the other hand, the ECB warned that crypto is not a suitable investment tool for each investor. As such, it called upon the EU officials to impose rules on the sector “as a matter of urgency.”The results from the ECB’s Consumer Expectation Survey displayed that the number of digital asset investors in the eurozone is not that high.