Deutsche Bank said U.S. crypto adoption rebounded to 12% in March from 7% in February, returning to levels last seen in mid-2025.
The recovery comes alongside renewed institutional demand, with bitcoin ETFs attracting about $1.3 billion in net inflows during March after a weak start to the year.
“After steadily declining since July 2025, U.S. crypto adoption rates recovered in March,”
Said Deutsche Bank analysts Marion Laboure and Camilla Siazon.
Bitcoin remains the dominant asset, held by roughly 70% of crypto investors and cited by 69% of U.S. respondents as their preferred future investment.
Despite rising participation, sentiment remains cautious, with most respondents expecting bitcoin prices to decline or remain below current levels near $75,000 by the end of 2026.
The report shows limited bullish expectations, with only about 3% of U.S. participants predicting a return to record highs near $120,000.
Traditional assets such as gold and the S&P 500 continue to compete for investor capital, though crypto adoption is gradually expanding across broader demographics, including women and lower-income groups.
At the time of reporting, Bitcoin price was $76,152.22.