Gen Z Crypto Ownership Hits 51% Globally

According to Gemini's 2024 State of Crypto Report, a significant majority of Gen Z adults worldwide now own or have owned cryptocurrency. The survey polled 6,000 adults across five countries and found that 51% of Gen Z respondents aged 18-29 said they own or have previously owned crypto.

This figure far surpasses the 35% reported by the general population. In the US alone, Gen Z ownership matched 51%, ahead of Millennials at 49% and Gen X at 29%. One in three US Gen Z respondents said they would feel comfortable putting at least 5% of their portfolio into crypto, compared to 21% of the broader population.

The survey also revealed that 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 (ETFs). In contrast, only 37% across all age groups reported this preference.