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Whether bitcoin price gains, tokenisation trends, new innovative blockchain value chains or meme coins with bizarre names: Hardly any other asset class is currently as dynamic as digital assets. Investor interest is increasing. In our exploratory study "Digital Assets in Germany 2024", we once again analysed the status quo in German-speaking countries this year in cooperation with BTC-ECHO.

The study is based on a survey of 2,400 digital assets investors. The insights gained into personal preferences, investment behaviour and risk attitudes as well as planned future demand provide information about the fundamental attitudes of investors. The results can be used to identify future growth potential for market participants.

In the analysis, the survey results were compared with the findings from the previous year's study and significant changes were identified, for example: trust in digital assets has risen sharply - they are perceived as less risky. At the same time, interest in alternative cryptocurrencies is increasing, even if Bitcoin and Ether continue to dominate portfolios.

Three core insights in compact form:

  • Interest in digital assets continues unabated: On average, investors invest more than a quarter of their total assets in digital assets. Investors believe that the market capitalisation of the entire crypto market will rise sharply in the long term. Regardless of when they first invested, more than two thirds of investors plan to continue investing in digital assets in the future.
  • Study identifies three archetypes of investors:
    • young people just starting their careers, who invest in various crypto assets and tend to be risk-averse
    • high-income investors who are looking for high returns and pay particular attention to exchange trading fees, and
    • experienced investors who invest for their retirement provision and believe in a long-term upward trend in market capitalisation
  • Growth potential for market participants: Many investors hold their digital assets on more than one crypto exchange. Even though many are registered with several crypto exchanges, not all of them are actively used. In order to convert interested parties into active users, operators need to become more involved. The option of offering trading in cryptocurrencies and traditional financial products on the same platform is also becoming more relevant.