{"id":19359,"date":"2025-03-27T12:17:12","date_gmt":"2025-03-27T12:17:12","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=19359"},"modified":"2025-03-27T12:17:12","modified_gmt":"2025-03-27T12:17:12","slug":"most-eu-banks-fail-to-meet-rising-crypto-investor-demand-survey","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=19359","title":{"rendered":"Most EU banks fail to meet rising crypto investor demand \u2014 Survey"},"content":{"rendered":"
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European banks and financial institutions may be significantly underestimating the demand for cryptocurrency services, with fewer than one in five offering digital asset products, according to a new survey by crypto investment platform Bitpanda.<\/p>\n

The study, which surveyed 10,000 retail and business investors across 13 European countries, found that more than 40% of business investors already hold cryptocurrencies, with another 18% planning to invest in the near future. <\/p>\n

Yet, only 19% of surveyed financial institutions said their clients showed strong demand for crypto products \u2014 suggesting a 30% gap between actual investor adoption and perceived interest.<\/p>\n

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Crypto investments of EU private investors by country. Source: <\/em>Bitpanda<\/em><\/a><\/p>\n<\/figcaption><\/figure>\n

Moreover, only 19% of surveyed European financial institutions are offering crypto services, while over 80% of institutions acknowledge crypto\u2019s growing importance.<\/p>\n

Related: <\/strong><\/em>Michael Saylor\u2019s Strategy surpasses 500,000 Bitcoin with latest purchase<\/strong><\/em><\/a><\/p>\n

Still, some European banks are recognizing the growing demand for digital assets, with 18% of surveyed financial institutions planning to expand their crypto service offering, particularly offerings related to crypto transfers.<\/p>\n

\u201cFinancial institutions in Europe know that crypto is here to stay, but most are still not offering services that match investor demand,\u201d according to Lukas Enzersdorfer-Konrad, deputy CEO of Bitpanda.<\/p>\n

The main barriers to adoption aren\u2019t external issues such as regulation but internal, like a \u201clack of resource or knowledge,\u201d he told Cointelegraph, adding:<\/p>\n

\u201cThese can be overcome, and the challenge to financial institutions is clear: go and check your revenue outflows. You can see where customers are moving their money; you can see just how real the demand for crypto is.\u201d<\/p><\/blockquote>\n

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Partner preferences of private investors regarding crypto investments. Source: <\/em>Bitpanda<\/em><\/a><\/p>\n<\/figcaption><\/figure>\n

More crypto products from banks may increase European crypto adoption, considering that 27% of the survey\u2019s respondents would prefer to invest in cryptocurrencies through a traditional bank, while only 14% would choose a crypto exchange.<\/p>\n

In comparison, 36% of business investors choose to invest through an exchange, while traditional banks were only the third most popular option with 27%.<\/p>\n

Related: <\/strong><\/em>Security concerns slow crypto payment adoption worldwide \u2014 Survey<\/strong><\/em><\/a><\/p>\n

Financial institutions with no crypto integration risk losing revenue<\/h2>\n

Banks and financial institutions without cryptocurrency integrations risk losing significant revenue share from both businesses and retail investors, according to Enzersdorfer-Konrad.<\/p>\n

\u201cFinancial institutions that delay integrating crypto services risk losing revenue to their competition or crypto native companies. With the EU\u2019s Markets in Crypto-Assets Regulation (MiCA) providing regulatory clarity, the time to act is now,\u201d he added.<\/p>\n

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Crypto sentiment among European financial institutions. Source: <\/em>Bitpanda<\/em><\/a><\/p>\n<\/figcaption><\/figure>\n

Moreover, 28% of surveyed institutions said they expect crypto to become more relevant within the next three years.<\/p>\n