A study titled “ETFs and Beyond” published by Charles Schwab on October 10 found that nearly half of survey respondents plan to invest in crypto ETFs.
- The survey of 2,200 investors from July 2 to July 20 found that 45% of ETF investors are interested in crypto products. However, US stocks remain the top choice, with 55% planning to invest by 2025.
- Eric Balchunas, senior ETF analyst at Bloomberg, called the results “very impressive.”
- Notably, 62% of those planning to invest in crypto ETFs are Millennials (28-43 years old), indicating a trend of investing based on personal values and customized portfolios.
- Meanwhile, Bitcoin ETFs in the US continue to record outflows, with a total of $81.1 million this week. In contrast, Ethereum ETFs had their biggest inflow day in over a week with $10.1 million.
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