<p>Recent discoveries of substrate-induced magnetism in graphene layers, along with subsequent advancements in the field, have garnered significant attention due to their potential applications in spintronics and sensing technologies. Moreover, further studies have revealed a remarkable tunability of the electronic and magnetic properties in graphene/substrate systems - not only is graphene’s electronic structure influenced by the substrate, but graphene itself can also modify the properties of the underlying material. In this minireview, we highlight several representative examples illustrating the impact of graphene adsorption on ferromagnetic substrates (metals, semiconductors and insulators), where induced magnetism in graphene has been observed. A critical analysis of both experimental and theoretical findings is presented, offering insights and outlining future directions in this rapidly evolving area.</p>