Gen Z Crypto Ownership Soars to 51% Globally

More than half of Gen Z adults worldwide now own or have owned cryptocurrency, according to a new survey from Gemini's 2024 State of Crypto Report. The report polled 6,000 adults across five countries, including the United States, the United Kingdom, France, Singapore, and Turkey.

The survey found that among Gen Z respondents aged 18 to 29, 51% said they own or have previously owned cryptocurrency. This figure stands well above the 35% reported by the general population in these countries.

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.

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).