Crypto quest: unveiling the gender gap in Iceland’s cryptocurrency ownership and investment

StatusPost-Print
Simple item page
cris.lastimport.scopus2025-10-26T04:13:31Z
dc.abstract.enPurpose This study investigates the gender gap in cryptocurrency ownership and investment in Iceland. We specifically examine whether differences in subjective knowledge about cryptocurrencies help explain why men are more likely to invest than women. Design/methodology/approach We use a nationally representative survey of 1,036 adults in Iceland to analyze the demographic, financial and psychological factors associated with investment in cryptocurrencies. We employ mediation analysis to examine how demographic, psychological and financial factors – particularly subjective knowledge – relate to gender differences in cryptocurrency ownership and investment. Findings The results show that 8% of the sample had already invested in cryptocurrencies, while 5% are current holders. Younger, male and risk-tolerant individuals were more likely to invest in cryptocurrencies. Openness to new technologies and concerns about the security of savings in Icelandic banks were also associated with a higher likelihood of cryptocurrency investment. Subjective knowledge about cryptocurrencies was a significant predictor of cryptocurrency ownership and explained the gender difference in investment behavior.
dc.affiliationWydział Psychologii we Wrocławiu
dc.affiliationInstytut Psychologii
dc.contributor.authorGąsiorowska, Agata
dc.contributor.authorFolwarczny, Michał
dc.contributor.authorSturluson, Jón Þór
dc.contributor.authorDemir, Ender
dc.date.access2025-10-27
dc.date.accessioned2025-10-24T10:01:04Z
dc.date.available2025-10-24T10:01:04Z
dc.date.created2025-08-18
dc.date.issued2025-10-27
dc.description.abstract<jats:sec> <jats:title>Purpose</jats:title> <jats:p>This study investigates the gender gap in cryptocurrency ownership and investment in Iceland. We specifically examine whether differences in subjective knowledge about cryptocurrencies help explain why men are more likely to invest than women.</jats:p> </jats:sec> <jats:sec> <jats:title>Design/methodology/approach</jats:title> <jats:p>We use a nationally representative survey of 1,036 adults in Iceland to analyze the demographic, financial and psychological factors associated with investment in cryptocurrencies. We employ mediation analysis to examine how demographic, psychological and financial factors – particularly subjective knowledge – relate to gender differences in cryptocurrency ownership and investment.</jats:p> </jats:sec> <jats:sec> <jats:title>Findings</jats:title> <jats:p>The results show that 8% of the sample had already invested in cryptocurrencies, while 5% are current holders. Younger, male and risk-tolerant individuals were more likely to invest in cryptocurrencies. Openness to new technologies and concerns about the security of savings in Icelandic banks were also associated with a higher likelihood of cryptocurrency investment. Subjective knowledge about cryptocurrencies was a significant predictor of cryptocurrency ownership and explained the gender difference in investment behavior.</jats:p> </jats:sec> <jats:sec> <jats:title>Research limitations/implications</jats:title> <jats:p>As this study focuses on Iceland, the results may not be generalizable to other countries with different financial environments. Future research should investigate how cultural and regulatory factors influence cryptocurrency participation.</jats:p> </jats:sec> <jats:sec> <jats:title>Originality/value</jats:title> <jats:p>The findings can inform financial education programs and policy decisions by highlighting the importance of subjective knowledge of cryptocurrencies and risk tolerance in cryptocurrency investment decisions.</jats:p> </jats:sec>
dc.description.accesstimeat_publication
dc.description.additionalvorZostało opublikowane, ale nie mam dostepu do VoR - w kazdym razie ma numer i strony: Gasiorowska A, Folwarczny M, Sturluson JÞ, Demir E (2025), "Crypto quest: unveiling the gender gap in Iceland’s cryptocurrency ownership and investment". Baltic Journal of Management, Vol. 20 No. 5 pp. 731–752, doi: https://doi.org/10.1108/BJM-03-2025-0186
dc.description.issue5
dc.description.physical731–752
dc.description.versionfinal_author
dc.description.volume20
dc.identifier.doi10.1108/BJM-03-2025-0186
dc.identifier.eissn1746-5273
dc.identifier.issn1746-5265
dc.identifier.urihttps://share.swps.edu.pl/handle/swps/1825
dc.identifier.weblinkhttps://www.emerald.com/bjm/article-abstract/doi/10.1108/BJM-03-2025-0186/1300645/Crypto-quest-unveiling-the-gender-gap-in-Iceland-s?redirectedFrom=fulltext
dc.languageen
dc.pbn.affiliationpsychologia
dc.rightsCC-BY-NC
dc.rights.questionYes_rights
dc.share.articleOPEN_REPOSITORY
dc.subject.enIceland
dc.subject.enGender
dc.subject.enKnowledge
dc.subject.enCryptocurrency ownership
dc.subject.enMediation analysis
dc.subject.enD14
dc.subject.enG11
dc.subject.enO38
dc.swps.sciencecloudsend
dc.titleCrypto quest: unveiling the gender gap in Iceland’s cryptocurrency ownership and investment
dc.title.journalBaltic Journal of Management
dc.typeJournalArticle
dspace.entity.typeArticle