Gallup Poll: 75% of US Investors Think Bitcoin Is ‘Very Risky’

Three-quarters of U.S. investors with more than $10,000 in stocks, bonds and mutual funds think bitcoin is a “very risky” investment, a new survey revealed Monday.

A poll conducted by Gallup and Wells Fargo asked U.S.-based investors about their views on bitcoin, finding that just 2 percent currently own any and more than 70 percent “have no interest in ever buying bitcoin.” A further 26 percent are “intrigued” but do not plan to purchase any in the near future, the poll found.

The poll surveyed nearly 2,000 adults in the U.S. who have invested either in a retirement savings account or through another type of account, according to Gallup. It was conducted over the course of a week in early May.

The survey found that bitcoin’s perceived riskiness is the primary reason few investors are holding the cryptocurrency. While 75 percent considered bitcoin to be “very risky,” less than 0.5 percent (or less than 10 people surveyed) thought bitcoin was “not risky at all.” Only 2 percent…