Cryptocurrency is now the 2nd most widely held financial asset among women

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Crypto has become the second most widely owned asset class for women, running just behind cash, the trading platform said this week in its Retail Investor Beat survey.

In the fourth quarter, 34% of women owned crypto, up from 29% in the third quarter. The increase in the pace of ownership was faster than that of men, as their rate edged up to 43% from 42%.

Women ramped up their holdings of digital assets during a so-called crypto winter that saw prices sinking for bitcoin, ether, and other digital coins. Bitcoin’s valuation dropped by more than 60% last year, and the market’s overall market capitalization fell below its high point of $3 trillion in November 2021 to below $1 trillion now.

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