Cryptocurrencies continue to gain popularity, especially among younger investors.
According to Charles Schwab research, 62% of Millennial investors plan to add #digital assets to their portfolios in the next 12 months.
#Cryptocurrencies were the second most popular asset class among all investors surveyed, with Millennials (62%) being more interested in them compared to Generation X (44%) and Boomers (15%). A July 2024 survey of 2,200 people found that Millennials prefer alternative assets such as cryptocurrencies, second only to U. S. stocks. Moreover, 39% of millennials are considering #cryptocurrency ETFs, reflecting a preference for high-risk, high-return strategies over Generation X (24%) and baby boomers (11%). They are also interested in diversifying their portfolios, with 45% focusing on real assets such as commodities and infrastructure and 47% on bonds. nn Millennials are also cautiously optimistic, with 66% confident they will outperform the market but fearing a recession. Despite the volatility of the cryptocurrency market, about 40% are optimistic about digital assets and consider them important for diversification and personalization.
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