US Crypto Adoption Sees Rebound, Bitcoin Remains Dominant: Deutsche Bank

A recent retail survey conducted by Deutsche Bank reveals that cryptocurrency adoption in the US has experienced a resurgence, with participation rates recovering to 12% in March from a February low of 7%, returning to levels last seen in July 2025. The survey, which spanned 3,400 consumers across the US, UK, and EU, suggests that adoption has not exceeded 14% in the survey's history, dating back to 2023. Furthermore, bitcoin exchange-traded funds (ETFs) saw a significant increase in net inflows, attracting roughly $1.3 billion in March, signaling renewed institutional demand after a slow start to the year. Despite the rebound in participation, consumer sentiment on bitcoin's price outlook remains cautious, with a majority of respondents expecting bitcoin to trade lower than current levels by the end of 2026. However, bitcoin remains firmly at the center of the crypto market, with roughly 70% of crypto investors across regions holding bitcoin, and it is also the top choice for future investment, cited by 69% of US respondents.