Deutsche Bank Survey Shows US Bitcoin Adoption Rose to 12% in March, Up from 7% in February

Gate News message, April 21 — An investor survey by German banking giant Deutsche Bank revealed that cryptocurrency adoption in the US rose to 12% in March, up from a low of 7% in February, returning to levels projected for July 2025.

The report highlighted recovery in institutional demand as a key factor, with approximately $1.3 billion in net inflows into spot Bitcoin ETFs in March. Individual investors, however, maintained a cautious stance on price expectations. According to the survey, 19% of US participants predict Bitcoin will trade between $20,000 and $60,000 by end of 2026, while 13% expect prices to fall below $20,000. Only about 3% anticipate Bitcoin reaching peak levels above $120,000.

Bitcoin maintains a clear leading position among crypto investors, with approximately 70% holding it in their portfolios, significantly higher than stablecoins like Tether and USD Coin. While 69% of participants preferred Bitcoin for future investments, gold and the S&P 500 index hold stronger positions in overall investment preferences.

The research also revealed that crypto adoption remains predominantly concentrated among men and high-income groups, though women and lower-income investors are increasingly participating in the market.