UK Crypto Ownership Declines in User Numbers Despite Increased Holdings in 2025
The FCA Cryptoassets Consumer Research 2025 reveals a significant reduction in the number of crypto holders in the UK, falling from approximately 7 million in 2024 to 4.5 million in 2025, a decline of roughly 3 million users. Despite this decline, awareness of cryptocurrencies remains high at 91% among UK adults.
Crypto ownership among UK adults has decreased from 12% in 2024 to 8% in 2025. Bitcoin continues to dominate the market, held by about 70% of UK crypto investors, while Ethereum is held by about 35%.
Financial data shows that around 21% of holders possess assets valued between £1,001 and £5,000 (roughly $1,345–$6,720). The mean value per holder has risen to just under $2,500 in 2025, an increase from about $2,300 in 2024. Overall, the total value of UK crypto holdings is estimated at approximately $17.3 billion as of October, according to the Financial Times.
In response to the evolving market, the FCA has initiated a consultation on proposed crypto regulations under a new regulatory framework alongside the release of this report. It is notable that despite the drop in ownership, crypto ownership in the UK still remains about double the share recorded in 2021.
