Crypto Ownership in Denmark Flat at 4% Despite Global Hype
Key Takeaways:
Valuation and Income Distribution
In terms of average holdings, the study found most respondents report total crypto-asset holdings with an estimated value below $1,575 (10,000 Danish krone), and only a small share report holdings valued above $7,880.
Overall, the value of crypto-assets held by Danish citizens ranged between $472 million and $1.26 billion. Regarding the disparity between lower- and higher-income groups, the report states:
“The income distribution shows that crypto-owners are overrepresented in the higher income groups compared with others, and vice versa. The relatively higher income suggests that crypto-owners are more likely to have the financial capacity to invest in high-risk assets.”
The survey also found most citizens in Denmark trade and hold their crypto-assets through platforms authorized and subject to supervision under the Markets in Crypto-Assets (MiCA) regulation. Only a smaller share report holding crypto-assets in their own wallets, where custody takes place without the involvement of a third party.
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