How many people own cryptocurrency in Australia?
According to the 2025 Independent Reserve’s Cryptocurrency Index (“IRCI”) report, 31% of Australian adults owned crypto (up from 28% last year). Based on Australia’s population estimates, approximately 6.2 million Australian adults own crypto.
Australian crypto ownership 2019-2025
How many Aussies are buying Bitcoin and crypto?
Among the 6.2 million adult Aussies who owned crypto, 70% hold Bitcoin (approximately 4.34 million people). Ethereum was distantly behind, held by 29.8% of Australian crypto investors. Other crypto held by Australians included Dogecoin (17%), XRP (15%), with Solana (13%), and Cardano (10%).
Most commonly held cryptocurrencies
Young Aussies are leading the crypto charge
Over 50% of young Australians (aged 25–34) own crypto (53%), making them the leading age group. Baby Boomers are also increasingly joining the crypto community, with ownership shooting up from 5.77% to 8.2%.
Adoption has grown fourfold among Australians aged 65 and older since 2019, but from a low base of 2%.
Crypto ownership by age group
The growing adoption of Bitcoin highlights its continued role as the gateway into crypto for everyday investors. As awareness improves and confidence grows, it’s clear that Australians are becoming increasingly comfortable with digital assets.
Twice as many men own crypto than women
43.2% of men report owning crypto in 2025, up significantly from 37.5%. On the other hand, women remains comparatively low, with only 21.9% of women owning crypto in 2025 (a slight rise from last year).
What are the main reasons people get into crypto?
Aussies invest in Bitcoin and crypto for a lot of different reasons, including:
- Over half (52%) of respondents cited who encouragement from family and friends (up from 49%)
- Curiosity after seeing cryptocurrency in the media was also a leading motivator at 46% (up from 43%)
- A quarter (25%) said they decided to invest in crypto “to get rich”, and
- The number of Aussies investing in crypto to buy goods and services was up slightly at 6.2% (up from 5% last year).
Bitcoin’s unique features make it an attractive asset to many people worldwide.
Bitcoin is limited in supply. There will only ever be 21 million Bitcoins in existence. Its scarcity thus makes it a store of value. With ever-increasing demand but a limited, fixed supply, Bitcoin’s market cap has only grown since it first came into existence in 2009. As of March 2025, Bitcoin records a market cap of $2.7 trillion – that’s about the same as Google and Meta. A single Bitcoin costs $138,000.
Institutional investment trends
Major financial institutions worldwide continue to enter the crypto space, with corporations like Strategy, Metaplanet, and Tesla all buying up Bitcoin. To learn more about how institutional investment impact key crypto indicators, read more here.
Start buying Bitcoin
To get started buying Bitcoin and crypto, it couldn’t be easier!
Find out more about how to buy Bitcoin here.
Frequently asked questions
How many people own crypto globally?
As of 2024 global cryptocurrency ownership is reported at an average of 6.8%, with over 560 million crypto owners worldwide, up from up from 420 million in 2023.
Who owns the most Bitcoin globally?
Satoshi Nakamoto (the unknown creator of Bitcoin) owns the most Bitcoin, with an estimated 968,452 Bitcoin, valued at approximately $130 billion today.
