American multinational investment bank and financial services holding firm JPMorgan Chase has published the results of a research project it has engaged in. The report highlights how trends have emerged in the demographic they sampled, reflecting a shift in preferences among U.S. crypto users.
The report, titled „The Dynamics and Demographics of U.S. Household Crypto-Asset Use” was co-authored by the company’s President, Chris Wheat, and George Eckerd, the firm’s Financial Markets Research Lead. According to the authors, their methodology went through „de-identified data covering a sample of nearly 5 million active checking account customers, over 600 thousand of which have conducted transfers to crypto accounts.”
The research details how most crypto users based or registered from the U.S. increasingly made first-time transactions during the height of crypto-asset price surges. The report also points to how crypto usage is skewed towards „men, Asian individuals, and younger individuals
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