Solely 4% of Danish residents personal cryptocurrencies, a determine that has remained unchanged since 2023 regardless of the worldwide progress of the sector throughout Europe and different jurisdictions, in response to a brand new workers paper from the nation’s central financial institution revealed Wednesday.
The Danmarks Nationalbank workers paper, based mostly on a survey performed 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 complete nationwide holdings estimated between $317 million and $847 million.
The survey relies on responses from 3,013 residents aged 15 and above. The information was gathered between October and November 2025 by Denmark’s Digital Put up system, with choices to reply on-line or by cellphone. The pattern was weighted to replicate 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 equivalent to Norway, Finland and the United Kingdom report over 10% of their populations maintain crypto belongings.
Danmarks Nationalbank mentioned Danish banks have historically taken a cautious approach to crypto belongings, with most beforehand not permitting prospects to purchase them by financial institution platforms and sometimes discouraging such investments as excessive danger. The paper additionally pointed to earlier uneven tax therapy 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 reasonably than a way of fee. Precise utilization for transactions stays uncommon, and solely a small share of holders report utilizing digital belongings to pay for items or companies.
The survey reveals that 70%-75% of customers retailer their belongings with crypto asset service suppliers, whereas solely about 20%-30% use self-hosted wallets for self-custody.
Oblique publicity by crypto-linked shares and exchange-traded merchandise has elevated since 2023 however stays restricted at round $211 million, or roughly 0.4% of complete 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 exchange-traded merchandise tied to Bitcoin (BTC) and Ether (ETH).
On the time, the financial institution mentioned extra purchasers are searching for crypto publicity as a part of their portfolios, including that stronger regulatory frameworks, notably the European Union’s Markets in Crypto-Belongings Regulation, have made it possible to supply such investments.
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