US investors realized 6X more crypto gains in 2021 than next country

Crypto buyers from the US realized crypto good points almost six occasions greater in whole than the UK, the second highest nation when it comes to realized good points. 

In response to a report by Chainalysis, crypto buyers within the US accrued a file $46.9 billion in realized good points all through 2021, main the remainder of the world by a large margin. The US is adopted at fairly far by the UK at $8.1 billion and Germany on $5.8 billion.

Whole realized cryptocurrency good points 2021: Chainalysis.

The report comes as world cryptocurrency adoption continues to achieve widespread traction. The US witnessed an enormous enhance in adoption and realized good points, with the entire estimated good points for 2021 up 476% from $8.1 billion the yr earlier than.

Particular mentions got to international locations that outperformed their “conventional” financial rankings. Regardless of Turkey being globally ranked as quantity 11 by GDP, the nation was ranked at quantity six when it got here to realized crypto good points.

China was one of many solely giant nations that didn’t see the identical large good points as different international locations. In 2021, China’s whole estimated realized cryptocurrency good points stood at $5.1 billion, up from $1.7 billion in 2020, which equates to year-over-year progress price of 194%. Nevertheless, that is nonetheless spectacular progress contemplating the intensive crypto bans that had been progressively enacted in China in 2021.

China’s consequence pales nonetheless moreover different international locations such because the UK and Germany which noticed a respective 431% and a 423% enhance final yr.

Associated: What’s driving establishments to put money into crypto? BlockFi’s David Olsson explains

One other notable development was the rise in whole good points from Ethereum (ETH), which noticed ETH buyers all over the world money out a complete $76.3 billion, beating out Bitcoin (BTC) as the very best realized earnings crypto asset in 2021. Bitcoin inventors nonetheless carried out properly nonetheless, with the worldwide crypto investing group securing $74.7 billion in good points all through 2021.