A Recent Study on Cryptocurrency Adoption in Australia

A recent study reveals significant cryptocurrency adoption and optimism in Australia, with nearly a third of Australians having owned crypto and a majority believing in its future acceptance.

Close to 60% of Users Report Profits

Nearly a third (32.5%) of Australians have now owned cryptocurrency, while 42.9% believe crypto will be widely accepted in the future. This study highlighted a record high adoption rate, with 95% of respondents aware of at least one cryptocurrency.

According to a press statement, 57.3% of Australian respondents reported making a profit, and 20.5% are investing $500 or more each month, indicating strong confidence in the sector. Adrian Przelozny, CEO of Independent Reserve, noted users’ preference for Bitcoin.

> “The findings in our sixth annual IRCI clearly show that Australia’s cryptocurrency market is coming into its own. Adoption is growing, investment strategies are evolving, and seasoned investors are seeing better profits. With a record 32.5% of Australians currently owning or having owned cryptocurrency, Bitcoin remains the most popular choice, held by 70% of investors,” Przelozny stated.

However, despite this optimism for digital assets, the 2025 Independent Reserve Cryptocurrency Index (IRCI) survey notes potential regulatory challenges that could disrupt adoption momentum. One in five users (19.3%) reported banks blocking or delaying cryptocurrency transactions.

The Trump Effect

Przelozny also pointed to the return of U.S. President Donald Trump as a factor likely to accelerate the adoption of digital assets. Study findings indicate that 31% see Trump’s return positively for cryptocurrency, while only 8% view it negatively for the sector.

Over the years, Australia’s cryptocurrency sector has experienced rapid growth, influenced by global trends, technological advancements, and evolving regulations. The emergence of cryptocurrency-related investment products, such as ETFs, is expected to further fuel market growth.

According to Przelozny, the 2025 IRCI findings reflect a maturing cryptocurrency market in Australia, with significant potential to reshape the traditional financial landscape.