Solely 4% of Danish residents personal cryptocurrencies, a determine that has remained unchanged since 2023 regardless of the worldwide development of the sector throughout Europe and different jurisdictions, in keeping with a brand new employees paper from the nation’s central financial institution revealed Wednesday.
The Danmarks Nationalbank employees paper, primarily based on a survey carried out by Epinion, revealed that amongst those that do maintain crypto, most keep comparatively small positions. The bulk reported holdings beneath 10,000 Danish kroner (round $1,570), with whole nationwide holdings estimated between $317 million and $847 million.
The survey is predicated on responses from 3,013 residents aged 15 and above. The info was gathered between October and November 2025 by way of Denmark’s Digital Publish system, with choices to reply on-line or by telephone. The pattern was weighted to mirror nationwide demographics.
The findings present that Denmark sits on the decrease finish of crypto adoption in comparison with different European international locations, the place possession charges are larger. International locations corresponding to Norway, Finland and the United Kingdom report over 10% of their populations maintain crypto property.
Danmarks Nationalbank stated Danish banks have historically taken a cautious approach to crypto property, with most beforehand not permitting prospects to purchase them by way of financial institution platforms and infrequently discouraging such investments as excessive threat. The paper additionally pointed to earlier uneven tax remedy as one other issue weighing on adoption.
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Crypto possession in Denmark skews younger and rich
Crypto possession in Denmark is concentrated amongst youthful and higher-income people, with participation dropping sharply amongst these over 60, the survey discovered.
The survey additionally revealed that crypto is primarily considered as an funding slightly than a way of fee. Precise utilization for transactions stays uncommon, and solely a small share of holders report utilizing digital property to pay for items or companies.
The survey reveals that 70%-75% of customers retailer their property with crypto asset service suppliers, whereas solely about 20%-30% use self-hosted wallets for self-custody.
Oblique publicity by way of crypto-linked shares and exchange-traded merchandise has elevated since 2023 however stays restricted at round $211 million, or roughly 0.4% of whole fairness holdings.
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Danske Financial institution opens door to crypto investments
Earlier this yr, Danske Financial institution, Denmark’s largest financial institution, began allowing customers to put money into crypto by way of exchange-traded merchandise tied to Bitcoin (BTC) and Ether (ETH).
On the time, the financial institution stated extra shoppers are searching for crypto publicity as a part of their portfolios, including that stronger regulatory frameworks, significantly the European Union’s Markets in Crypto-Belongings Regulation, have made it possible to supply such investments.
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