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Dutch people hold 3.2 billion euros in crypto at domestic exchanges, bitcoin by far the most popular

Dutch people hold 3.2 billion euros in crypto at domestic exchanges, bitcoin by far the most popular

Dutch households held 3.2 billion euros in cryptocurrencies through local providers as of the end of June, marking a decrease from earlier this year. Bitcoin remains the most popular asset, accounting for 1.5 billion euros of the total market value.

As of the end of June, Dutch households held 3.2 billion euros in cryptocurrency through domestic service providers, representing approximately one percent of their total investments in traditional assets like stocks and bonds. When including holdings by corporations and other sectors, the total value managed by Dutch platforms reaches 3.4 billion euros. These figures do not account for assets stored on foreign platforms, which remain outside the scope of this data from De Nederlandsche Bank.

Despite the significant total, these holdings reflect a decline compared to the first quarter of the year, as assets decreased by roughly half a billion euros since March. The market remains dominated by unsecured cryptocurrencies, with Bitcoin being the most popular asset at 1.5 billion euros, followed by Ethereum at 300 million euros. Only a tiny fraction of these holdings consist of stablecoins, as the vast majority of investors continue to favor digital currencies without government or central bank backing.

Based on reporting by ad. Translated and condensed by LocalHeadlines.

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