De Nederlandsche Bank (DNB) announced in a press release that the second quarter, or the months from April to June, went extremely well for investors. As in the first quarter, investors saw the value of their investments increase. However, the analysis only considers listed stocks, mutual funds and bonds. Could an investment in Bitcoin (BTC) have brought you more returns?
A further increase in the value of the investments
There is, of course, much more to the investment landscape than just digital assets. Cryptocurrencies are just coming into play in this respect and the lion’s share of all invested funds goes into other assets such as stocks, mutual funds, real estate, precious metals and bonds.
DNB states that the total value of investments by Dutch households has increased for the second quarter in a row. Specifically, the total value of all investments increased by 3.2 percent or 5.1 billion euros. At the end of June, the value of all investments made by Dutch households amounted to 165.9 billion euros. The increase is exclusively due to price increases.
In the first three months of the year, the total value increased by 5.0 percent or 7.7 billion euros compared to the last quarter of 2022. Investments by Dutch households collapsed in the first three quarters of 2022. Investments in cryptocurrencies were hit the hardest during this period.
The value of listed shares of Dutch households increased by 2.9 percent or 1.6 billion euros to a total of 57.2 billion euros. In order to benefit from the price increases, private households sold shares with a total net value of 168 million euros.
Holdings in investment funds increased by 3.0 percent or EUR 3.0 billion to EUR 103.1 billion. Finally, Dutch household bond holdings increased to a total of 5.6 billion euros in the second quarter on net purchases of 548 million euros.
Bitcoin in the 2nde quarter
Bitcoin opened it 2e quarter with a share price of $28,465. The month of June ended with a price of $30,472 making it 2e The bottom line is that Bitcoin saw an increase of about 7 percent. This simply means that Bitcoin has generated more returns than Dutch returns for listed stocks, mutual funds and bonds.
Earlier this month, in crypto news, you could read that research revealed that 20 percent of all Dutch people own digital assets. Although this number has risen sharply in recent years, it is obviously well below traditional assets.