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Crypto ETFs Still Hot, With Nearly 50% of U.S. Investors Planning to Buy: Charles Schwab

According to a report by Charles Schwab, nearly half of all investors surveyed expressed interest in investing in digital asset exchange-traded funds (ETFs). The report shows that 45% of respondents plan to invest in crypto ETFs over the next year, compared to 38% the previous year. This increased interest in crypto ETFs is not limited to older generations, as millennials are also eager to invest in these products. The U.S. Securities and Exchange Commission (SEC) recently approved several Bitcoin and Ethereum ETFs, leading to a surge in capital and boosting the prices of these digital assets. The report indicates that 62% of those planning to invest in crypto ETFs are millennials, while 44% are Generation X and only 15% are boomers. The survey was conducted among 2,200 individual investors aged 25 to 75 with at least $25,000 in investable assets.

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