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In the summer of 2021, CNBC reported on cryptocurrency’s “big gender problem.” Despite the fact that crypto culture was built on democratizing money and leveling the financial playing field, women were mostly on the sidelines of the Bitcoin boom. There already was an existing gender gap with traditional investments such as stocks and ETFs, but this was more pronounced: Men were investing in crypto at twice the rate of women.
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Today, almost one year later, far more people invest in crypto, but the gender gap still exists in nearly the exact same proportion.
According to a new study from GOBankingRates, just 15% of women invest in crypto, compared to a little over 38% of men. That’s a little more than double, just about the same as last summer, when it was 7% of women and 16% of men.
So, what’s holding women back?
The results of the study shed light on the reasons that women have been so much more likely to avoid crypto investing than men. GOBankingRates asked the…
