Crypto has become the preferred investment choice for new retail investors in France, surpassing stocks and exchange-traded funds (ETFs), according to a study conducted by France’s financial markets regulator, Autorité des Marchés Financiers (AMF), and the Organization for Economic Co-operation and Development (OECD). The study revealed that 9% of French adults own cryptocurrencies like Bitcoin and Ethereum, compared to 7% who own individual stocks and 2% invested in ETFs tied to stock markets. This shift towards crypto is driven by a new cohort of investors who entered the market during the Covid-19 pandemic. These investors, predominantly male and in their 20s and 30s, rely more on advice from social media, friends, and influencers rather than professional financial advisers. The motivations behind this surge in investing include the desire for higher returns than traditional savings accounts, the impact of the pandemic, and the socio-economic and political context in France, such as pension reforms and the energy crisis.

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Information	Details
Geography	Europe
Countries	🇫🇷
Sentiment	neutral
Relevance Score	1
People	None
Companies	Autorité des Marchés Financiers (AMF), Organization for Economic Co-operation and Development (OECD)
Currencies	Ethereum, Bitcoin
Securities	None