{"id":29495,"date":"2026-02-16T12:48:26","date_gmt":"2026-02-16T12:48:26","guid":{"rendered":"https:\/\/www.bitnovo.com\/blog\/?p=29495"},"modified":"2026-02-16T12:53:02","modified_gmt":"2026-02-16T12:53:02","slug":"spanish-households-save-in-crypto-according-to-the-bank-of-spain","status":"publish","type":"post","link":"https:\/\/www.bitnovo.com\/blog\/en\/spanish-households-save-in-crypto-according-to-the-bank-of-spain","title":{"rendered":"130,000 Spanish Households Save in Crypto According to the Bank of Spain"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_75 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Alternar tabla de contenidos\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/spanish-households-save-in-crypto-according-to-the-bank-of-spain\/#the_rise_of_ecosystems_like_solana\" >The Rise of Ecosystems like Solana<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/spanish-households-save-in-crypto-according-to-the-bank-of-spain\/#the_double-edged_sword_of_a_digitalized_wealth\" >The Double-Edged Sword of a Digitalized Wealth<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/spanish-households-save-in-crypto-according-to-the-bank-of-spain\/#beyond_the_price_the_importance_of_self-custody\" >Beyond the Price: The Importance of Self-Custody<\/a><\/li><\/ul><\/nav><\/div>\n<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 4<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span><p>Cryptoassets have gained notoriety in recent years within the financial system and seem to have consolidated as investment instruments. They are\u00a0<strong>digital assets that can be transferred and stored electronically using distributed ledger technology or other similar technologies<\/strong>. Among them, the best-known group of cryptoassets are cryptocurrencies, such as\u00a0<strong>Bitcoin, Ethereum or Solana<\/strong>, and they constitute the most widespread form of this type of asset.<\/p>\n<p>On this, the Bank of Spain has put numbers to the adoption of digital assets, <a href=\"https:\/\/www.bde.es\/f\/webbe\/SES\/Secciones\/Publicaciones\/InformesBoletinesRevistas\/BoletinEconomico\/25\/T3\/Fich\/be2503-art06.pdf\">revealing<\/a> a phenomenon of concentration: although the general exposure is moderate, for a minority crypto is already\u00a0<strong>the pillar of their savings<\/strong>.<\/p>\n<ul>\n<li><strong>The context:<\/strong>In 2021, 4.8% of the Spanish population owned cryptoassets.<\/li>\n<li><strong>The norm:<\/strong>For the majority (80% of households with crypto in 2022), these assets represent less than 10% of their financial portfolio.<\/li>\n<li><strong>The holding of cryptoassets is more frequent among young men, with a higher level of education and greater financial knowledge.<\/strong>They are considered risk-tolerant, claim to plan their finances and invest in assets such as stocks or investment funds. They do not show rejection of the traditional financial system.<\/li>\n<li><strong>The exception: 0.6% of the total (approx. 130,000 households) concentrates a substantial part of their wealth in this sector.<\/strong>Given that many current holders of cryptoassets are young people who still live with their parents, it will be necessary to continue observing in the future whether, as these individuals form new households, their relationship with these assets remains or evolves in other directions.<\/li>\n<\/ul>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-29496 size-full\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/02\/1-compressed-1-1.jpg\" alt=\"bitnovo_bank_of_spain_cryptoassets_report\" width=\"1024\" height=\"648\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/02\/1-compressed-1-1.jpg 1024w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/02\/1-compressed-1-1-300x190.jpg 300w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/02\/1-compressed-1-1-768x486.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>Although cryptoassets have gained visibility in public and financial debate, the data presented by the Bank of Spain confirms that their holding remains relatively limited in the Spanish population and their weight within the financial wealth of households is reduced.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"the_rise_of_ecosystems_like_solana\"><\/span><strong>The Rise of Ecosystems like Solana<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In this scenario, the market has ceased to be \u00abjust Bitcoin\u00bb. Digital assets have consolidated as investment instruments that are transferred and stored using distributed ledger technology (<a href=\"https:\/\/www.ibm.com\/think\/topics\/blockchain\">blockchain<\/a>). Within retail portfolios, networks like\u00a0<strong>Solana are gaining significant ground thanks to the vibrancy of its ecosystem, its high speed and its low fees<\/strong>.<\/p>\n<p>For those who closely follow\u00a0<strong><a href=\"https:\/\/www.bitnovo.com\/en\/price\/solana\">today&#8217;s Solana price<\/a><\/strong>, the appeal lies in its capacity to host decentralized applications and new assets that dynamize digital savings. Many investors who decide to\u00a0<strong><a href=\"https:\/\/www.bitnovo.com\/en\/buy\/solana\">buy Solana<\/a><\/strong>\u00a0seek to participate in this technological infrastructure that already competes directly with Ethereum in daily activity volume.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-29498 size-full\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/02\/3-compressed-1-compressed-1.jpg\" alt=\"bitnovo_spanish_households_digital_savings\" width=\"768\" height=\"526\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/02\/3-compressed-1-compressed-1.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/02\/3-compressed-1-compressed-1-300x205.jpg 300w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"the_double-edged_sword_of_a_digitalized_wealth\"><\/span><strong>The Double-Edged Sword of a Digitalized Wealth<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Now, in a global context marked by inflation, economic crises and accelerated digitalization, many people are beginning to take an interest in cryptocurrencies. For example,\u00a0<strong>Bitcoin, due to its trajectory and its level of adoption, has consolidated as the reference point for understanding this new paradigm<\/strong>.<\/p>\n<p>Unlike currencies issued by central banks, Bitcoin functions without a controlling authority. Each transaction is validated through a network of thousands of computers that guarantee the transparency and security of the system.<\/p>\n<p>This decentralized model does not depend on governments or financial entities, which has generated both admiration and debate.<\/p>\n<p>For many users, this system represents a way to\u00a0<strong>regain control over their own money<\/strong>. In fact, for those 130,000 households, crypto is not a one-off bet, but a savings strategy.<\/p>\n<ul>\n<li><strong>The opportunity. <\/strong>The inclusion of these assets allows access to a financial asset class native to the Internet, with growing global adoption. For many, it means diversifying outside the traditional system and participating directly in the growth of new digital ecosystems.<\/li>\n<li><strong>The challenge of exposure. <\/strong>However, profitability is never guaranteed. When crypto ceases to be a residual part to become the\u00a0<strong>core of savings<\/strong>, volatility, those sharp price movements common in the sector, impacts directly and proportionally on the total household wealth, potentially altering financial stability in very short periods of time.<\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-29499 size-full\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/02\/4-compressed-1-1.jpg\" alt=\"bitnovo_crypto_wealth_concentration_households\" width=\"930\" height=\"620\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/02\/4-compressed-1-1.jpg 930w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/02\/4-compressed-1-1-300x200.jpg 300w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/02\/4-compressed-1-1-768x512.jpg 768w\" sizes=\"(max-width: 930px) 100vw, 930px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"beyond_the_price_the_importance_of_self-custody\"><\/span><strong>Beyond the Price: The Importance of Self-Custody<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If the value of your savings depends on a digital asset,\u00a0<strong>protecting access to it is as critical as the market price<\/strong>. This is where <a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-self-custody-in-cryptocurrencies-and-why-should-you-consider-it\">self-custody<\/a> takes on a leading role.<\/p>\n<p><strong>Self-custody consists of exercising total and exclusive control over your digital assets, eliminating the need for intermediaries such as banks or exchange platforms.<\/strong>\u00a0In this model, you act as your own custodian: by owning the private keys, you ensure that your funds remain under your absolute dominion, regardless of the solvency or operational status of third parties.<\/p>\n<p>In short,\u00a0<strong>only you possess the private keys that control your funds<\/strong>. If you do not have the keys, you are not truly the owner of your assets. This philosophy is often summarized in the famous crypto phrase:\u00a0<strong>\u00abIf you don&#8217;t have your keys, you don&#8217;t have control.\u00bb<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-29500 size-full\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/02\/5-compressed-1-1.jpg\" alt=\"bitnovo_young_crypto_investor_profile\" width=\"640\" height=\"455\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/02\/5-compressed-1-1.jpg 640w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/02\/5-compressed-1-1-300x213.jpg 300w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/p>\n<p>Unlike traditional banking savings,\u00a0<strong>self-custody grants the user total control over their private keys, or <a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-the-seed-phrase-and-why-is-it-so-important\">seed phrase<\/a><\/strong>. It is a direct responsibility: you are your own bank. Solutions like <a href=\"https:\/\/www.bitnovo.com\/en\">Bitnovo<\/a> facilitate this self-custody model, allowing the user to maintain real control of their funds without intermediaries, thus closing the circle of responsible digital savings: a balance between opportunity and technical security.<\/p>\n<p>Indeed, being able to\u00a0<strong>buy cryptocurrencies from a reliable platform and store them in a personal wallet<\/strong>\u00a0is perceived as a gesture of financial independence. It is no longer just about investing, but about participating in a new way of understanding ownership and trust in the digital environment.<\/p>\n<p>To conclude, the change is no longer theoretical: millions of people today use cryptocurrencies as a real tool for exchange, savings and value protection. Understanding their functioning and their philosophy is essential for any citizen who wants to be part of the new digital economy that is already taking shape in the 21st century.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 4<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span>130,000 households concentrate a significant part of their savings in crypto. We tell you what it implies, how to understand volatility and why protecting access with self-custody is key.<\/p>\n","protected":false},"author":12,"featured_media":29560,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[165],"tags":[],"class_list":["post-29495","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrencies"],"_links":{"self":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/29495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/comments?post=29495"}],"version-history":[{"count":3,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/29495\/revisions"}],"predecessor-version":[{"id":29808,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/29495\/revisions\/29808"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media\/29560"}],"wp:attachment":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media?parent=29495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/categories?post=29495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/tags?post=29495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}