- Recent research shows that the crypto industry is still predominantly male.
- Females are less inclined to invest in cryptocurrency than their male counterparts.
- A new study suggests, however, that women have lately been growing more intrigued about cryptocurrency than ever before.
It is the year 2022, and the most recent data reveals that males continue to hold a significant majority of leadership positions within the cryptocurrency business. Forex’s research regarding diversity in crypto has been able to find that there is a substantially larger number of men working high up in the top 30 cryptocurrency firms than there are females.
This was discovered by analyzing 30 of the most prominent companies now operating in the cryptocurrency industry. In point of fact, just 21.6% of the most influential persons are female, whereas 78.4% of the most influential people are male on average.
In addition, surveys consistently reveal that at least twice as many crypto owners are men than women. Females are less inclined to invest in cryptocurrency than their male counterparts. According to Gemini’s 2022 State of Crypto study, just 32% of cryptocurrency investors are women.
And, of course, this is understandable. It wasn’t even until the mid-1970s that women were given the legal right to establish a bank account in the United States. Cryptocurrency is a relatively new technology and might seem a little too risky for women.
A new study suggests, however, that women have lately been growing more intrigued about cryptocurrency than ever before. This demonstrates that despite the fact that the demographics in crypto are still mostly male today, this does not necessarily mean that women are not completely uninterested in the field.
However, there is still a lot of work to be done since many women claim that they cannot comprehend crypto. Also, in general, men are more eager to take chances than women are. In spite of this, the contribution of women to the business is precious and essential.