KPMG Study: Crypto Optimism High Among Investors in Central Europe

According to a recent study conducted by KPMG in collaboration with BTC-ECHO, crypto investors in Germany, Austria, and Switzerland are significantly allocating their portfolios to digital assets. 

The study surveyed 2,400 private investors in the DACH region, revealing that, on average. Respondents have invested over 25% of their total assets in crypto, with 54% allocating at least 20%. Despite some considering crypto investments as risky (43%), 34% view them as “rather safe.” Key concerns include market manipulation, regulation, and financial crime. Bitcoin (BTC) emerged as the top choice among investors, followed closely by Ethereum (ETH). 

Bernd Oppold from KPMG notes the growing importance of digital assets, with investors currently optimistic about the sector’s future despite its volatility. BTC is currently priced at $63,031, while ETH stands at $3,092.

Clever Robot News Desk 18^th April 2024