According to a recent survey conducted by researchers at #CharlesSchwab Corporation, millennials (ages 25-40) have a significantly higher interest in cryptocurrencies as an asset class for #exchange -traded funds (#ETFs. ) compared to older generations. Data shows that 62% of these fund investors plan to invest their cash in digital currencies over the next year. This makes cryptocurrencies a top choice for this demographic.

In comparison, the number of Generation X (aged 40-55) with similar plans, is only 44%. At the same time, only 15% of baby boomers (ages 56-75) show similar enthusiasm for digital currencies.

According to researcher and ETF Store founder Njyt Geraci, the generational gap in investment preferences is striking. It's particularly surprising because baby boomers show a clear bias toward more traditional asset classes such as U.S. stocks (65%). This contrasts with younger people,

For millennials, a higher interest in digital assets suggests they are more comfortable with new technologies and #decentralizedfinance (DeFi). It also highlights their appetite for potentially high-risk, high-return opportunities, as cryptocurrencies tend to be much more volatile compared to traditional stocks or bonds.

Interestingly, while cryptocurrencies lead the way among millennials, bonds and fixed income are less favored across all generations. Only 47% of millennials and 42% of Generation X plan to invest in them, with boomers showing slightly more interest. In addition to cryptocurrencies and equities, real assets and international equities attract moderate interest from all groups. The data highlights the stark contrast in strategies between people of different ages.
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