In my country, i see that people who take their money from the bank. It doesn't meant they distrust with the bank but because they need more money to fulfill their needs during pandemic. We know, because of the pandemic, Many people dont have any income to fulfill their needs, but they have to pay every expenses from their saving. Most of people in my city, doesnt interest to invest in crypto. They think that its too risky. They prefer invest their money in gold to crypto.
I agree with the first part of your post that people cashing money from bank does not necessarily show distrust but might be need of the time more than anything else. I don't agree with the later part though because I feel that more and more people are now investing into crypto and digital currencies instead of gold which was the traditional way of investing.
Yes some people still feel a bit insecure when investing into Bitcoins or crypto as a whole but that is because they haven't understood how it works and because of the claims that bitcoin is a bubble some people are not ready to invest their hard earned money into crypto and understandably so, but data-wise more and more people are shifting from traditional methods of investing like gold towards digital assets like bitcoins.