According to a recent study conducted by KPMG, crypto investors in Germany, Austria, and Switzerland are allocating a significant portion of their investment portfolios to digital assets. KPMG partnered with BTC-ECHO, a German-language crypto media platform, to survey 2,400 private investors in these three countries, collectively known as the DACH region.
The study reveals that, on average, respondents have invested over 25% of their total assets in crypto. More than half of the participants (54%) have allocated at least 20% of their total assets to digital assets. Furthermore, 34% of investors consider their crypto investments to be “rather safe,” while 43% perceive them as “rather risky.” The respondents identified market manipulation, regulation, and financial crime as the main risks associated with the crypto space.
Unsurprisingly, Bitcoin (BTC) emerged as the most popular crypto asset among the surveyed investors, closely followed by Ethereum (ETH). At the time of writing, BTC is trading at $63,031, while ETH is trading at $3,092.
Bernd Oppold, a partner at KPMG AG Wirtschaftsprüfungsgesellschaft, commented on the findings, stating, “Our study demonstrates the growing significance of digital assets. Despite the sector’s volatility, investors are currently optimistic about the future.”
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Disclaimer: The opinions expressed in this article are not investment advice. Investors should conduct their own research before engaging in high-risk investments in Bitcoin, cryptocurrency, or digital assets. Please be aware that your transfers and trades are at your own risk, and you are responsible for any losses incurred. The Daily Hodl does not endorse the buying or selling of any cryptocurrencies or digital assets, nor do we provide investment advice. Please note that The Daily Hodl participates in affiliate marketing.
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