Cryptocurrency

Bitcoin

Giant

A new survey commissioned by financial services giant Charles Schwab reveals that U.S. investors are increasingly interested in investing in ETFs that hold cryptocurrencies.
The survey, released today, shows that 45% of respondents plan to invest in crypto via ETFs in the coming year, outpacing demand for bonds and alternative assets from 38% a year ago. Only US stocks had a higher rate of interest, with 55% of respondents planning to invest.
This surge in interest is being driven by millennials, with 62% of millennial ETF investors stating that they plan to allocate funds to crypto, making it their top asset class. This contrasts with the 48% who plan to invest in US stocks, 47% who plan to invest in bonds, and 46% who plan to invest in real assets such as commodities.
Related News: <a href="https://en.bitcoinsistemi.com/analysts-discuss-bitcoin-after-recent-drop/" target="_blank" rel="noopener noreferrer nofollow">Analysts Discuss Bitcoin After Recent Drop</a>
In contrast, baby boomer ETF investors showed much less interest in digital assets, with only 15% stating that they plan to invest in cryptocurrencies.
“It’s pretty striking,” said Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, regarding the high ranking of crypto investment plans among survey participants.
The survey of 2,200 individual investors aged 25 to 75 with at least $25,000 in investable assets shows support for a growing class of crypto-focused ETFs, which are increasingly being marketed as diversification tools for traditional portfolios that are heavily comprised of stocks and bonds.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/investment-giant-charles-schwab-speaks-on-bitcoin-and-cryptocurrency-etfs/" rel="noopener noreferrer nofollow">Investment Giant Charles Schwab Speaks on Bitcoin and Cryptocurrency ETFs</a>

Investment Giant Charles Schwab Speaks on Bitcoin and Cryptocurrency ETFs

Bitcoin Sistemi EN

Other articles published on Oct 11, 2024

New Arkham Derivatives Exchange Will Be Launched Next Month

Genius Trump Solana Memecoin Will Explode 19,000% Ahead of Exchange Listing, As Shiba Inu and DOG...

SEI Breaks Adam & Eve Pattern: Is a Big Move Coming?

Shiba Inu Faces Uncertain Future as New Meme Coins Emerge

A Costly Click! Investor Loses $36 Million as This Altcoin Takes a Massive Hit

Japan’s Metaplanet Expands Bitcoin Holdings to $40.5M With Another 108 $BTC Purchase

Join our free newsletter for daily crypto updates!