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Crypto ownership spikes as 2.3 million Brits back digital currencies

Despite a rise in ownership, the profile of a typical crypto owner has not changed

Cryptocurrencies such as bitcoin and ether have been on a broader price rally since October last year, as institutional interest in the sector bolstered investors
Cryptocurrencies such as bitcoin and ether have been on a broader price rally since October last year, as institutional interest in the sector bolstered investors Photo: Omar Marques/Getty Images

Around 2.3 million Brits, or roughly 4.4% of the population, now own cryptocurrencies, the Financial Conduct Authority has said.

The figure is up from 1.9 million in 2020 as the sector reaches a more mainstream audience despite volatile price swings.

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