Crypto top two choice for ETF investors in latest Charles Schwab survey
Crypto continues to gain momentum among younger investors, with 62% of Millennial ETF investors planning to allocate a portion of their portfolios to digital assets in the coming year, according to Charles Schwab’s 2024 ETFs and Beyond Study.
For all investors surveyed, crypto ranked as the second most popular asset class, signaling a major shift in investment preferences. This marks a significant uptick in interest compared to older generations, where only 44% of Gen X and 15% of Boomer investors expressed similar intentions.
The survey, conducted between July 2 and July 20, gathered insights from 2,200 investors, including 1,000 ETF investors and an additional 200 respondents who began investing post-2020.
The study found that…