US Investors Realize 6 Times More Cryptocurrency Gains than UK in 2021

Cryptocurrency investors from the United States realize nearly 6 times the total cryptocurrency gains compared to the UK, which is the second-highest country in terms of cryptocurrency gains.

According to a report by Chainalysis, U.S. cryptocurrency investors will realize cumulative gains of $46.9 billion in 2021, far ahead of the rest of the world. The U.S. is followed by the U.K. and Germany, with $8.1 billion and $5.8 billion, respectively, not a small gap.

Total realized cryptocurrency gains in 2021: Chainalysis

The report comes as global cryptocurrency adoption continues to gain widespread traction. U.S. adoption and the amount of realized benefits have increased significantly, with estimated total benefits in 2021 up 476% from the previous year’s $8.1 billion.

Special mention is made to those countries that outperform the "traditional" economic rankings. Even though Turkey’s GDP ranks 11th globally, the country ranks 6th when it comes to realizing cryptocurrency gains.

China is one of the few large countries that has not seen the huge crypto gains that other countries have. In 2021, China is estimated to realize a total cryptocurrency revenue of $5.1 billion, up from $1.7 billion in 2020, which equates to a year-on-year increase of 194%. However, this is still impressive growth considering China's gradual enactment of a broad cryptocurrency ban in 2021.

However, China’s performance pales in comparison to countries like the U.K. and Germany, where crypto earnings grew by 431% and 423%, respectively, last year.

Another noteworthy trend is the increase in total returns from Ethereum, with global ETH investors cashing out a total of $76.3 billion, and Ethereum beating Bitcoin to become the crypto asset with the highest realized returns in 2021. However, Bitcoin investors are still doing well, with the global Bitcoin investing community gaining $74.7 billion for all of 2021.

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