Are black consumers more likely to own crypto?

With the rapid growth of the cryptocurrency market, it begs the question: Are black consumers more likely to own crypto? Given the historical barriers and inequities in traditional financial systems, some suggest that black communities may find greater appeal in decentralized and potentially more inclusive digital currencies. However, others argue that crypto's complex nature and lack of regulatory oversight could pose additional risks and barriers for already underserved groups. This begs further exploration into the intersection of race, digital literacy, and financial inclusion in the crypto landscape. So, are black consumers indeed more likely to own crypto, or are there other factors at play? Let's delve deeper into this intriguing question.