A recent Morgan Stanley survey predicts a rise in crypto non-ownership from 69% in 2024 to 82% in 2025, indicating the industry is still in the early adoption stage.
Survey Findings from Morgan Stanley
The Morgan Stanley survey highlights that non-ownership of cryptocurrencies is expected to rise to 82% by 2025, indicating that the industry is at an early stage of adoption despite future interest growing.
Tom Lee's Analysis
Tom Lee, Chairman of BitMine Immersion Technologies, comments on the survey's findings, noting the increasing non-ownership as indicative of the current crypto market cycle. He stated, "Morgan Stanley's survey shows that the proportion of those not holding crypto assets is increasing to 82% by 2025, demonstrating that we are still in the early stages of the crypto cycle."
Market Impact and Future of Cryptocurrency
The survey results signal untapped potential within the crypto market. Major cryptocurrencies like Bitcoin, Ethereum, and XRP may emerge as institutional interest grows and market skepticism decreases. However, the current level of non-ownership may influence future financial strategies and regulatory policies.
The predicted rise in non-ownership indicates the current hesitance in the crypto market. Yet, historically, such skepticism often precedes widespread adoption once investor confidence is restored.