Mark Hulbert: All memes aside, crypto buyers aren’t any different from stock investors

The cryptocurrency market has grown up. We know this because of the type of individuals who invest in bitcoin BTCUSD and other crypto. According to a study circulated earlier this week by the National Bureau of Economic Research, “crypto investors are not as dissimilar from equity investors as some might believe.”

The study, entitled “Who invests in Crypto? Wealth, Financial Constraints, and Risk Attitudes,” was conducted by Darren Aiello, Mark Johnson and Jason Kotter of Brigham Young University, Scott Baker of Northwestern,…

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