US Crypto Adoption Sees Resurgence, Bitcoin Remains Dominant, Says Deutsche Bank
A recent survey by Deutsche Bank reveals a resurgence in US crypto adoption, with participation rates rebounding to 12% in March, driven by renewed institutional demand and geopolitical factors. The report notes that bitcoin exchange-traded funds saw significant net inflows of $1.3 billion in March, signaling a recovery in institutional interest. Despite this, consumer sentiment on bitcoin's price outlook remains subdued, with a majority of respondents expecting prices to decline by the end of 2026. However, bitcoin remains the central player in the crypto market, with roughly 70% of crypto investors holding the asset, and it is the top choice for future investment. The report also highlights demographic trends, with crypto adoption skewed towards men and higher-income households, but with gradual gains among women and lower-income investors.