U.S. Crypto Ownership Falls to 11% as 63% See High Risk

U.S. cryptocurrency ownership has declined to 11% of adults, according to a recent survey that also found 63% of investors in digital assets view cryptocurrencies as high-risk investments.

The survey polled U.S. adults and people who have invested in digital assets. It reported the lower ownership rate alongside widespread concern about the safety and stability of crypto holdings.

Respondents who currently hold or previously held cryptocurrencies identified several factors driving their risk assessment. Market volatility, uncertainty about future rules and enforcement, and recent failures of exchanges and trading platforms were frequently cited as reasons for viewing crypto as high-risk.

The survey also found that many non-investors are deterred by the possibility of hacks or fraud, unclear custody arrangements, and the potential for large price declines. Some respondents said they would consider investing only after clearer regulation or stronger consumer safeguards are in place.

Additional responses indicated caution about using cryptocurrencies for long-term goals. A smaller share of adults reported that crypto is acceptable for retirement or long-term investing than the share that currently owns digital assets, the survey showed.

The findings come after a period marked by sharp token price swings, the collapse of several trading platforms, and an increase in enforcement actions and guidance from U.S. regulators on crypto activities. Those events and actions were commonly referenced by survey participants when explaining their concerns.

Some investors continued to express interest in the underlying technology but reported maintaining small, speculative positions rather than large allocations. The survey provides a snapshot of U.S. public sentiment as policymakers, market participants and platforms address legal and technical questions that could affect access to services and asset values.