2024

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More than half of Gen Z adults worldwide now own or have owned cryptocurrency, according to a new survey.
<h2 id="gen-z-crypto-ownership-rates">Gen Z Crypto Ownership Rates</h2>
The findings <a href="https://www.gemini.com/blog/gemini-survey-finds-more-than-half-of-gen-z-owns-crypto" rel="noopener noreferrer nofollow">come</a> from Gemini's 2024 State of Crypto Report, conducted by Data Driven Consulting Group between May and Jul. 2024.
The survey polled 6,000 adults across the United States, United Kingdom, France, Singapore and Turkey.
<blockquote>
 Among Gen Z respondents aged 18 to 29, 51% said they own or have previously owned cryptocurrency.
</blockquote>
That figure stands well above the 35% reported by the general population. In the U.S. alone, Gen Z ownership matched 51%, ahead of Millennials at 49% and Gen X at 29%.
One in three U.S. Gen Z respondents said they would feel comfortable putting at least 5% of their portfolio into crypto, compared to 21% of the broader population.
Also Read:<a href="https://yellow.com/news/iran-bitcoin-mining-hashrate-shift" rel="noopener noreferrer nofollow">Iran Loses 7 EH/s In One Quarter As Bitcoin Mining Power Shifts Elsewhere</a>
<h2 id="gen-z-views-on-etfs-and-regulation">Gen Z Views on ETFs and Regulation</h2>
Nearly half of Gen Z respondents globally — 48% — said they invest in crypto to generate income. The same share, 48%, said they were more likely to buy crypto because of access through exchange-traded funds. That compares to 37% across all age groups.
Gen Z also showed a different attitude toward oversight.
Only 31% strongly agreed that the industry needs more government regulation, compared to 46% of the general population.
In the U.K., 42% of Gen Z crypto owners said they use digital assets as an inflation hedge, versus 32% of all U.K. holders. In France, 39% of Gen Z owners said they bought crypto to generate profit, compared to 30% of the wider French population.
<h2 id="spot-bitcoin-etfs-and-younger-investors">Spot Bitcoin ETFs and Younger Investors</h2>
The survey was conducted months after the first U.S. spot Bitcoin<a href="https://yellow.com/asset/btc" rel="noopener noreferrer nofollow">(BTC)</a> ETFs launched in Jan. 2024. Those products opened a new channel for investors who prefer regulated vehicles over direct token custody. Gemini's data suggests that format resonated strongly with younger cohorts, who showed greater willingness to <a href="https://yellow.com/news/bitcoin-etf-investors-are-underwater-and-nobody-is-coming-to-save-them" rel="noopener noreferrer nofollow">enter the market through ETFs</a> than older age groups.
Read Next:<a href="https://yellow.com/news/bitcoin-long-term-holders-growth" rel="noopener noreferrer nofollow">4.37M BTC Now Sit In Accumulation Wallets — Here's Why That Matters</a>

Gemini Survey Reveals 51% Of Gen Z Adults Worldwide Own Crypto

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