Demand for digital asset exchange-traded funds (ETFs) isn’t slowing down, with nearly half of all investors surveyed for a new report claiming they were planning to invest in the American crypto products.
It isn’t just the interested boomers buying via brokerage accounts: millennials are also keen to snap up the new products, according to a Thursday report by Charles Schwab.
A total of 45% of respondents said they were planning to invest in digital assets via ETFs over the next year. Last year, that figure stood at 38%.
“ETF investors grew more bullish toward several sectors and styles over the last year, and more of them plan to invest in cryptocurrencies via ETFs,” the report by the banking and investment firm reads.
An ETF is…
Oct 18 2024
Oct 18 2024
