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Reading: Crypto Investors Are Wealthier. No One Knows How Much They’re Spending.
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The Wall Street Publication > Blog > Markets > Crypto Investors Are Wealthier. No One Knows How Much They’re Spending.
Markets

Crypto Investors Are Wealthier. No One Knows How Much They’re Spending.

Editorial Board Published February 18, 2022
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Crypto Investors Are Wealthier. No One Knows How Much They’re Spending.
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Cryptocurrency companies just spent millions of dollars on Super Bowl ads. What’s harder to say is how much crypto investors spent on game day.

Vast wealth has been created in cryptocurrencies, which globally now have a value of nearly $2 trillion, according to CoinMarketCap. While that pales in comparison to many other asset classes, it has risen quickly. The global value of crypto grew by nearly $1.5 trillion last year, compared with the S&P 500’s rise of nearly $9 trillion in market value, according to FactSet.

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