Bitpanda released a study on the Italian cryptocurrency investment market, which states that nearly one in ten (9%) surveyed users in Italy are currently investing in cryptocurrencies, with this figure rising to 16% for millennials and 13% for Generation Z. This illustrates a significant difference between the investment habits of the "younger generation" and the older generation "living in Italy, with only 8% of Gen Xers currently owning cryptocurrencies and only 4% of baby boomers.