Brief
06 Sep ’24
Since January 2022, the Consumer Finance Institute (CFI) has collected information about cryptocurrency ownership from six different surveys; all six asked about current ownership of cryptocurrency, while three also asked about likelihood to purchase crypto in the future.
Comparing the survey results with cryptocurrency market performance, we have observed a disconnect between market prices and ownership over the last two years. While we saw a clear decrease in ownership and interest in purchasing during the crypto winter of 2022, recent growth in the market has not been accompanied by an increase in ownership in our survey population.