Nearly 50% of U.S. Investors Plan to Invest in Crypto ETFs: Charles Schwab Survey

Approximately 45% more respondents expressed intentions to invest in cryptocurrencies through ETFs over the next twelve months compared to a year ago, making this option more popular than both bonds and alternative assets. However, U.S. equities still remain more attractive with 55% of participants planning to invest in them instead.

As a forward-thinking millennial investor dabbling in ETFs, I’ve found myself drawn more towards the dynamic world of cryptocurrencies. Surprisingly, a whopping 62% of fellow investors like me are planning to invest in this sector, which is significantly higher compared to the 48% for U.S. stocks, 47% for bonds, and 46% for traditional assets such as commodities. It seems the crypto wave is here to stay!

Approximately 85% of Boomer ETF investors showed little interest in investing in digital assets, as revealed by a survey, with merely 15% expressing their intentions to do so.

Eric Balchunas, a senior ETF analyst at Bloomberg Intelligence, commented that cryptocurrencies were highly ranked in the survey’s investment plans, finding it quite remarkable.

The results from a survey of 2,200 individual investors aged 25 to 75, with at least $25,000 to invest in crypto, could potentially stimulate the expansion of exchange-traded funds (ETFs) specializing in cryptocurrencies. These ETFs are advertised as a means to diversify conventional investment portfolios that primarily consist of stocks and bonds.

Although U.S. bitcoin ETFs are thriving, having accumulated about $19 billion in net investments since their introduction in January, ether ETFs have underperformed both relatively and absolutely since their launch a short while later. The outflow of investments from the established Grayscale Ethereum Trust has surpassed inflows into newer competitors, resulting in overall net outflows exceeding $500 million for the group as a whole, according to Farside Investors.