Consumer adoption of cryptocurrency continued to rise in 2025, with the United Kingdom emerging as a leader, according to Gemini’s latest Global State of Crypto report released Tuesday.
The report revealed that crypto ownership in the UK jumped from 18% in 2024 to 24% this year. France also saw an increase, rising to 21% from 18%, while the U.S. edged up to 21%. Singapore topped the list with 28% ownership, up from 26%, based on survey data gathered by the exchange.
Confidence in digital assets received a boost from political developments as well. Former U.S. President Donald Trump’s introduction of a Strategic Bitcoin Reserve positively influenced public perception. In the U.S., 23% of non-crypto owners said the move increased their trust in the asset class. Similar sentiment was reflected in the UK (21%) and Singapore (19%).
The survey also highlighted the growing role of memecoins as a gateway to crypto investment. In the U.S., 31% of investors who own both memecoins and more traditional cryptocurrencies said memecoins were their entry point. Comparable patterns were seen in Australia (30%) and the UK (28%). Globally, 94% of memecoin holders reported also holding other types of digital assets.
Interest in spot crypto exchange-traded funds (ETFs) continues to build. In the U.S., 39% of crypto investors now hold ETFs, up from 37% last year. Italy leads ETF adoption with 47%, followed by the UK (41%), Singapore (40%), Australia (38%), and France (32%).
Gemini’s findings are based on responses from 7,205 consumers across the U.S., UK, France, Italy, Australia, and Singapore, surveyed between March and April 2025.
