Environmental and social attitudes and investments in crypto-assets
The purpose of this study is to contribute to our understanding of the relationship of environmental and social attitudes of investors and their investment into crypto-assets compared to
traditional assets. Given the controversies over the environmental footprint of some crypto-asset classes, primarily due to energy-intensive mining, they present an intriguing subject for investigation. Leveraging a unique household finance survey representative of the Austrian population, we examine whether environmental and social attitudes can elucidate the variance in individual portfolio exposure to crypto-assets. Results indicate a robust link between investors’ environmental and social attitudes and their exposure to crypto-investments, yet no significant association was found with traditional asset benchmarks like bonds and shares.
CIAIAN Pavel;
CUPAK Andrej;
FESSLER Pirmin;
KANCS D'Artis;
2024-11-25
ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
JRC136485
0003-6846 (online),
https://www.tandfonline.com/doi/full/10.1080/00036846.2023.2297742,
https://publications.jrc.ec.europa.eu/repository/handle/JRC136485,
10.1080/00036846.2023.2297742 (online),
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