Slight decline. While Bitcoin has reached historic highs this year and Bitcoin Spot ETFs are booming in the United States, one might expect massive adoption of cryptocurrencies. However, according to a recent report from the Financial Conduct Authority (FCA) relayed by Bloomberg, the reality is quite different in the United Kingdom. The proportion of Britons holding crypto has actually decreased, from 10% in 2024 to only 8% in 2025.
The key points of this article:
The FCA's report revealed that the proportion of Britons holding cryptocurrencies decreased in 2025, from 10% to 8%.
Despite the growing global interest in cryptocurrencies, particularly with the approval of Bitcoin Spot ETFs in the United States, Britons remain cautious due to the perceived risk of this market.
A decline in interest for crypto in the UK.
Despite a year marked by record prices and increased media attention, cryptocurrency adoption in the UK appears to be stagnating. According to the FCA as reported by Bloomberg, only 8% of British adults own cryptocurrencies in 2025, down from 10% the previous year. This slight decline comes despite a general increase in interest in cryptocurrencies, fueled by major events such as the approval of Bitcoin Spot ETFs in the United States.
The FCA also highlights that the majority of British cryptocurrency investors are young men, with a strong concentration in the 18-34 age range. Moreover, about 45% of holders consider these assets as a way to earn money quickly, which could indicate a still largely speculative perception of these investments.
According to the FCA, Britons have slightly turned away from crypto since last year.
A market still perceived as risky.
According to the report, nearly 50% of non-investors cite 'the risk of losing money' as the main reason for their reluctance to enter the market. Additionally, 31% of respondents stated that they 'do not understand cryptocurrencies well enough' to invest in them.
This perception of risk is exacerbated by numerous stories of fraud and hacking that continue to make headlines. For example, the recent hack of Bybit, where billions of dollars in ETH were stolen, reminds investors of the dangers of this market.
As the sector evolves and stricter regulations are implemented, it will be interesting to see if these trends change in the coming years. Official messages from political and financial leaders will also need to be less alarmist for the public to change their view of crypto.
