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American Crypto Ownership Steady Despite Tough Year: Coinbase Survey

More than 50 million Americans own crypto, or 20% of the adult population, a recent survey commissioned by Coinbase found. That number has held steady for more than a year despite the tumult in digital assets.

Americans generally find the overall global financial system to be unfair, with 67% of respondents agreeing that it needs “major changes or a complete overhaul," according to the survey, which was conducted by Morning Consult in February and polled 2,200 adults. 

The survey indicates that crypto ownership spans demographic and political groups, with 18% and 22% of Republican and Democratic respondents saying they own digital assets. Coinbase said it conducted the survey to illustrate the bipartisan makeup of crypto investors.

The results also showed that younger Americans are more interested in crypto than older generations, with Gen Z and Millennials leading the way in both current ownership of crypto and plans to purchase digital assets in the near future. 

(By Frank Chaparro)

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