Crypto is second only to equities and for millennial investors it tops the list, the survey said.
Cryptocurrencies outrank fixed-income as the second most sought-after asset class among exchange-traded fund (ETF) investors, according to a survey by asset manager Charles Schwab.
Some 45% of ETF investors plan to invest in crypto, lagging only equities, which are sought by 55% of respondents, the survey said.
“Almost half of Schwab’s respondents said they plan to invest in crypto ETFs, more than bonds, international, alts. Pretty stunning,” Eric Balchunas, an ETF analyst for Bloomberg Intelligence, said in an Oct. 10 post on the X platform.
