Bitcoin study finds 47% rise in desired allocation

• A Cleveland Fed study found Bitcoin return information raised desired crypto allocations by about 47%.
• The study found 84% of respondents could not predict crypto returns over 12 months.
• Researchers said different beliefs about crypto may contribute to continued price volatility.

Bitcoin (CRYPTO:BTC) remains poorly understood by many US households, according to a Cleveland Fed study.

Showing respondents Bitcoin’s previous 12-month return increased their desired crypto allocation by about 47%.

“The absence of common information and beliefs about crypto across investors suggests that price volatility will continue to be one of the most defining characteristics of this new asset for the foreseeable future,” the Cleveland Fed researchers concluded.

Lack of information was the main reason respondents gave for not owning crypto, followed by viewing it as a bad investment.

About 63% of non-owners gave crypto the highest risk rating, compared with 45% of owners.

The study found 84% of respondents could not predict crypto’s 12-month return, while owners mainly cited returns and diversification as reasons for holding Bitcoin.

The Cleveland Fed based the study on repeated US household surveys and published Working Paper 26-16 on 14 July 2026.

At the time of reporting, Bitcoin price was $79,841.15.