A latest survey by crypto funding platform Bitpanda has revealed a widening hole between investor curiosity in cryptocurrencies and the providers at the moment supplied by European monetary establishments.
The research, which polled 10,000 retail and enterprise traders throughout 13 European nations, signifies that investor urge for food for digital belongings continues to extend whereas institutional choices stay restricted.
Institutional Hesitancy Versus Market Alternative
In keeping with the findings, greater than 40% of enterprise traders surveyed already maintain digital foreign money belongings, with a further 18% planning to speculate quickly.
Nonetheless, simply 19% of monetary establishments at the moment present digital asset merchandise. This represents a major 30% mismatch between precise digital foreign money engagement amongst purchasers and the notion of demand amongst banks.
Whereas over 80% of surveyed banks acknowledge the significance of digital foreign money 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 foreign money transfers.
Bitpanda’s deputy CEO, Lukas Enzersdorfer-Konrad, emphasised that the important thing obstacles aren’t regulatory hurdles however inside challenges comparable to lack of assets and data. He famous that banks can already observe income outflows as clients transfer to various platforms.
Knowledge exhibits that 36% of enterprise traders favor exchanges for crypto investments, whereas solely 27% would go for a standard financial institution. Amongst retail traders, 27% expressed a desire for banks over exchanges, suggesting that broader banking integration might increase adoption.
A latest survey, carried out by Bitpanda Know-how Options revealed that 1 in 6 Europeans have a constructive outlook on the event of crypto and digital belongings.
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 belongings, Bitpanda believes the circumstances are favorable for banks to increase their choices. Bitget famous within the report:
Till very just lately, regulatory framework circumstances throughout European nations assorted by way of regulatory approaches, licensing necessities, and attitudes in the direction of cryptocurrency and blockchain by regulators. These components have a direct impression on the institution of blockchain and Web3 firms and consequently on the proportion of the inhabitants investing in crypto and will subsequently be thought of by monetary establishments when establishing a crypto service or increasing an current enterprise into these nations.
Delayed integration, in line with Enzersdorfer-Konrad, might lead to misplaced income to crypto-native companies and extra agile opponents. Moreover, 28% of surveyed monetary establishments consider that digital foreign money 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 recent traders.
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