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

Crypto investors from the United States realized crypto gains astir six times higher successful full than the UK, the 2nd highest state successful presumption of realized gains. 

According to a report by Chainalysis, crypto investors successful the US accrued a grounds $46.9 cardinal successful realized gains passim 2021, starring the remainder of the satellite by a wide margin. The US is followed astatine rather immoderate region by the UK astatine $8.1 cardinal and Germany connected $5.8 billion.

Total realized cryptocurrency gains 2021: Chainalysis.

The study comes arsenic planetary cryptocurrency adoption continues to summation wide traction. The US witnessed a monolithic summation successful adoption and realized gains, with the full estimated gains for 2021 up 476% from $8.1 cardinal the twelvemonth before.

Special mentions were fixed to countries that outperformed their “traditional” economical rankings. Despite Turkey being globally ranked arsenic fig 11 by GDP, the state was ranked astatine fig six erstwhile it came to realized crypto gains.

China was 1 of the lone ample nations that did not spot the aforesaid monolithic gains arsenic different countries. In 2021, China’s full estimated realized cryptocurrency gains stood astatine $5.1 billion, up from $1.7 cardinal successful 2020, which equates to year-over-year maturation complaint of 194%. However, this is inactive awesome maturation considering the extended crypto bans that were progressively enacted successful China successful 2021.

China's effect pales nevertheless too different countries specified arsenic the UK and Germany which saw a respective 431% and a 423% summation past year.

Related: What is driving institutions to put successful crypto? BlockFi's David Olsson explains

Another notable inclination was the summation successful full gains from Ethereum (ETH), which saw ETH investors astir the satellite currency retired a full $76.3 billion, beating retired Bitcoin (BTC) arsenic the highest realized net crypto plus successful 2021. Bitcoin inventors inactive performed good however, with the planetary crypto investing assemblage securing $74.7 cardinal successful gains passim 2021.