accredited investor definition, Bitcoin Defi, Decentalized finance (defi)

A new survey revealed the latest trend among accredited investors in the United States, targeting the decentralized finance (defi) sphere. The study shows that a vast majority of them are likely to invest in defi this year.

70% of the Respondents Already Invested in Bitcoin

According to Xangle, who surveyed 379 accredited investors, 67% of them have some knowledge about defi. Overall, such respondents claimed to have developed a significant interest in the cryptocurrency industry over the past year.

But the higher interest goes beyond the respondents, as 72.2% of them stated they were “very likely to invest†in Defi in the next 12 months.

Just 17.5% of the surveyed accredited investors are in the category of thinking that they’d be “somewhat likely to invest,†said the research.

Moreover, the crypto asset disclosure platform found that respondents invest more now than before the coronavirus pandemic. Per the figures, 70% of the surveyed U.S. accredited investors have invested in bitcoin (BTC).

Xangle added:

Still, respondents believe there is a lack of regulation regarding consumer protection in the crypto industry, including defi. According to the study, 78% of them think “regulators need to protect investors moreâ€

The survey continued:

Bitcoin Remains as the ‘Top Choice for Future Returns’

Although there is widespread interest in investing in defi, the survey concluded that bitcoin is still the top pick “for future returns.â€

Xangle explains that if accredited investors had $100,000 to invest but had to leave it for four years, “31.7% would choose Bitcoin while 29% would go into blue-chip stocks as the better investment.â€

Lihan Lee, cofounder of Xangle, commented on the survey:

Xangle took the following guidelines to establish who was eligible for being categorized as “accredited investor†for the survey:

What are your thoughts on the survey? Let us know in the comments section below.

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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