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Norwegian women are following a new trend as the number of women owning cryptocurrencies has increased by 6%.

According to a recent survey from Arcane Research, the number of Norwegian women who own crypto has doubled from 3% to 6% in just one year.

Arcane Research is a grant from the Norwegian investment company Arcane Crypto, providing analysis and research in the field of cryptocurrencies and digital assets.

A survey conducted by Arcane Research and Ernst & Young shows that Norwegian women’s ownership of crypto assets has increased from 3% at the beginning of 2021 to 6% as of March 30, 2020 now. The online survey interviewed 1,000 Norwegians aged 15 and over and was conducted in partnership with NORSTAR, one of the leading data collectors for market research services in Northern Europe.

Nearly two-thirds of all Norwegian women polled said that they would buy crypto for the first time in 2021. Until the recent survey was conducted, the gender gap in crypto ownership in Norway began to expand further, with female ownership steady at 3% from 2019 to early 2021. During the same period, male ownership increased from 6% in 2019 to 14% in 2022.

The survey also revealed that overall, around 10% of Norway’s population – or 420,000 people – currently own some cryptocurrency, representing a doubling of total Norwegian crypto ownership. since 2018.

Vetle Lunde, Analyst at Arcane Research said:

“Since 2019, the amount of Norwegian crypto owners have more than doubled from 165,000 to 420,000.”

It’s not just Norwegian women who are on the rise in crypto – it was reported last week that around half of the German population indicated that they are willing to invest in crypto with women making up 53% of that total.

A 2022 survey in Turkey, published by KuCoin in March, shows a more even split between male and female crypto users in the country, with women making up almost half (47%) of all crypto investors and accounting for 63% of “crypto curiosity”. “demographic.

Grayscale research from 2019 shows that women tend to be more risk-averse investors, a reason often cited as a partial explanation for the gender gap between the number of investors and the number of investors investment and number of investors female and male cryptocurrencies.