ChainCatcher reported that according to Cryptonews, Brazil's top regulator, the Securities and Futures Exchange (CVM), recently released a survey showing that more Brazilians now invest, trade or hold Bitcoin and other cryptocurrencies, and investors use 7% to 35% of their funds to buy these tokens. The study was conducted by CVM in 2023 and surveyed the investment behavior of more than 700 people.
Respondents were divided into three categories: "conservative", "conservative" and "aggressive". Conservative investors put an average of 7.25% of their savings in cryptocurrencies, while conservative investors put 21% of their financial portfolios in crypto assets. Aggressive investors are the most optimistic, with crypto assets accounting for up to 35% of their portfolios.
It is worth noting that about 50% of the respondents consider themselves aggressive investors, which shows that Brazilian investors are enthusiastic about cryptocurrencies. In contrast, conservative investors have a more traditional portfolio, with more than 50% of them being CDBs and RDBs, two fixed-income securities, and they also prefer government bonds, while the selection of foreign currencies is relatively small.