Recent research from Morgan Stanley shows a significant decrease in the interest of the bank's interns in cryptocurrencies, as evidenced by ownership data.
Decline in Cryptocurrency Ownership
According to the Morgan Stanley survey, only 12% of the bank's interns in Europe own Bitcoin. This is a marked decline from 63% in 2022. Additionally, 82% of respondents reported that they do not hold any cryptocurrencies, a 13% increase compared to 2024.
Popularity of XRP
Despite the overall decline in interest towards cryptocurrencies, the XRP token, linked to Ripple, has shown an increase in popularity. It rose from 0% to 5% from 2022 to 2025, almost catching up with Ethereum. This growth is attributed to greater regulatory clarity and a significant price rally in the fourth quarter of 2024.
Talent Problem in Banks
Austin Campbell, managing partner at Zero Knowledge Consulting, argues that banks face a talent problem. He noted that young professionals interested in cryptocurrencies and technology are now avoiding jobs at banks. Campbell added that 'young people hate banks, and banks are increasingly out of touch with what is going on.'
According to Morgan Stanley's data, the decline in interest in cryptocurrencies among interns may signal broader issues within the banking sector, including an inability to adapt to new technologies and the interests of younger generations.
