Deutsche Bank has reported a rebound in U.S. crypto adoption, with participation rising to 12% in March from a February low of 7%. This marks a return to levels last seen in July 2025, according to a survey of 3,400 consumers across the U.S., U.K., and EU. The report highlights a resurgence in Bitcoin exchange-traded funds (ETFs), which attracted $1.3 billion in net inflows, indicating renewed institutional interest. Despite the recovery in adoption, consumer sentiment on Bitcoin's price remains cautious. Bitcoin rose approximately 9% in March, nearing $70,000, but remains down over 20% year-to-date. Analysts note that prices have tested resistance around the mid-$70,000 range, with geopolitical tensions easing and risk sentiment improving. However, macroeconomic pressures, such as high interest rates and inflation, continue to impact the market. The survey also revealed demographic trends, with crypto adoption skewed towards men and higher-income households, though there are gradual gains among women and lower-income investors. Bitcoin remains the dominant cryptocurrency, held by 70% of investors, and is the top choice for future investment among U.S. respondents.
Deutsche Bank Reports U.S. Crypto Adoption Rebound to 12% in March
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