A Qualtrics report carried out by Coinbase revealed that more and more Brits are investing in cryptocurrencies, especially over the last six months.

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The most significant takeaway is that 33% of British people own crypto, up from 29% in October 2021. Out of everyone surveyed, 61% plan to increase their holdings over the next 12 months, and 23% will diversify into different cryptocurrencies.

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According to the research, in Europe, the UK is second to the Netherlands (47%) when it comes to consumer cryptocurrency ownership levels. This means the U.K. is ahead of Spain (26%), Italy (25%), Germany (24%), and France (17%).

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As expected, Bitcoin (ETH) and Ethereum (ETH) are still the most commonly owned cryptocurrencies at 75% and 52%, respectively. DogeCoin (DOGE) took third place due to being held by 34% of those surveyed, and Binance Coin (BNB) was close behind with 33%.

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“The UK continues to be a leading European hub of crypto investment with a growing proportion of people engaging with these assets. Recent survey work suggests that the adoption trend may continue, with many sharing ambitions to expand the size and diversification of their portfolios,” a Coinbase spokesperson said.

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“However, it is clear that there is more work to be done around boosting understanding and awareness of these assets,” they added.

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