A latest survey by crypto funding platform Bitpanda has revealed a widening hole between investor curiosity in cryptocurrencies and the providers at the moment provided by European monetary establishments.
The examine, which polled 10,000 retail and enterprise traders throughout 13 European nations, signifies that investor urge for food for digital property continues to extend whereas institutional choices stay restricted.
Institutional Hesitancy Versus Market Alternative
In response to the findings, greater than 40% of enterprise traders surveyed already maintain digital forex property, with an extra 18% planning to take a position quickly.
Nevertheless, simply 19% of economic establishments at the moment present digital asset merchandise. This represents a major 30% mismatch between precise digital forex engagement amongst purchasers and the notion of demand amongst banks.
Whereas over 80% of surveyed banks acknowledge the significance of digital forex sooner or later monetary ecosystem, most are nonetheless hesitant to implement corresponding providers.
Solely 19% of those establishments at the moment supply crypto-related providers, and 18% are contemplating enlargement, significantly in areas like digital forex transfers.
Bitpanda’s deputy CEO, Lukas Enzersdorfer-Konrad, emphasised that the important thing obstacles should not regulatory hurdles however inside challenges comparable to lack of sources and information. He famous that banks can already observe income outflows as clients transfer to different platforms.
Information reveals that 36% of enterprise traders want exchanges for crypto investments, whereas solely 27% would go for a conventional financial institution. Amongst retail traders, 27% expressed a desire for banks over exchanges, suggesting that broader banking integration may increase adoption.
✨A latest survey, performed by Bitpanda Know-how Options revealed that 1 in 6 Europeans have a constructive outlook on the event of crypto and digital property.
Keep tuned for extra key findings —📔a full report is coming quickly!
🤔How do you see crypto evolving ? pic.twitter.com/wclg8AaRS6
— Bitpanda (@Bitpanda_global) March 7, 2025
Regulatory Readability and Aggressive Strain
With the European Union’s Markets in Crypto-Belongings Regulation (MiCA) offering a regulatory framework for digital property, Bitpanda believes the situations are favorable for banks to develop their choices. Bitget famous within the report:
Till very lately, regulatory framework situations throughout European nations various when it comes to regulatory approaches, licensing necessities, and attitudes in direction of cryptocurrency and blockchain by regulators. These elements have a direct affect on the institution of blockchain and Web3 firms and consequently on the share of the inhabitants investing in crypto and will due to this fact be thought of by monetary establishments when establishing a crypto service or increasing an present enterprise into these nations.
Delayed integration, in line with Enzersdorfer-Konrad, may end in misplaced income to crypto-native corporations and extra agile rivals. Moreover, 28% of surveyed monetary establishments consider that digital forex will grow to be extra important within the subsequent three years.
As demand grows and readability improves, the survey highlights a name to motion for conventional banks: reassess present methods and adapt to the evolving preferences of contemporary traders.
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