Singapore Crypto Awareness Reaches 94%, Ownership Declines

In 2025, Independent Reserve’s latest survey reveals that crypto awareness in Singapore has hit 94%, yet crypto ownership has decreased to 29% due to economic concerns.

This shift reflects a cautious approach by investors, preferring traditional assets amid uncertain market conditions, while maintaining strong interest in Bitcoin.

Survey Shows 94% Crypto Awareness, Ownership at 29%

The Independent Reserve Cryptocurrency Index (IRCI) revealed increased crypto awareness but decreased ownership in Singapore. Conducted annually, the survey indicated a shift toward safer, traditional investment options as economic uncertainties loom.

Independent Reserve, a MAS-licensed cryptocurrency exchange, conducted the survey highlighting a decline from 40% ownership in 2024 to 29% in 2025. The survey suggests investors are reallocating towards safer assets.

Investors Choose Stability Over Crypto Amid Economic Concerns

The decline in crypto ownership mirrors economic caution among investors, reflecting a broader market sentiment. Investors are moving toward conventional savings to mitigate risks during volatile periods.

Mark Wong, from Independent Reserve, noted a preference for risk management and diversification away from speculative tokens.

Investors are selectively managing risk and diversifying across asset classes in response to broader economic conditions.

Ownership Decline Mirrors Historical Bear Market Behavior

The current decline in crypto ownership aligns with similar past periods, notably during 2022 and 2023 bear markets. This pattern often corresponds with market corrections and shifts in investor behavior.

Experts from Kanalcoin suggest confidence remains, with 53% indicating plans to increase holdings, reflecting long-term belief in the crypto market despite current economic shifts and reduced ownership.