• 37% of UAE investors plan to increase crypto investments in 2025.

  • Bitcoin accounts for 19% of the UAE crypto market, while stablecoins lead with 51%.

The UAE is witnessing a remarkable surge in cryptocurrency investments. According to a recent eToro survey, 37% of UAE investors plan to increase their crypto investments in 2025. Bitcoin and stablecoins, such as Tether, continue to dominate the market.

From 2023 to June 2024, the UAE saw a $34 billion rise in crypto investments, a 42% increase from the previous year. Bitcoin holds 19% of the market, while stablecoins lead with 51%. The UAE now holds $40 billion in Bitcoin, reflecting strong support for digital assets. Initiatives like Dubai’s crypto centre further strengthen this position.

UAE investors are optimistic about their financial future. Many aim to diversify portfolios, enhance savings, and adopt frugal lifestyles. About 40% plan to invest in traditional assets like stocks, bonds, and commodities. Real estate remains a favourite, with 38% showing interest.

Strategies for Growth

Proactive steps are evident in their strategies. Over half of the investors (51%) plan to save more and invest regularly. Meanwhile, 41% aim to improve budget tracking and reduce unnecessary expenses. Around 32% plan to launch side businesses and 28% consider career changes to increase income.

Personal growth also takes priority. About 41% of survey respondents focus on self-improvement, while 34% prioritize health and well-being. The global crypto market is recovering after a recent dip. Market capitalization rose 3.37% to $3.43 trillion, despite a 15.01% drop in daily trading volumes. Bitcoin, trading at $98,082, gained 4.20% in the last 24 hours.

George Naddaf, eToro’s regional manager, highlights the UAE’s forward-thinking mindset. He believes the country is on track to become the world’s leading crypto hub by 2025.

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