Crypto more popular among millennials than mutual funds, survey shows
— Assets, Survey participants, Millennials see, Btc, Nfts, Almost equal — 1 min read
A report published by investing firm Alto surveyed adults based in the United States to find out their preferences in investing. The results showed that more millennials from ages 25 to 40 are investing in crypto compared to those of the same age who are invested in mutual funds. The report also noted that most millennials either already own crypto or are considering buying it. However, Alto Founder and CEO Eric Satz said that current conditions make it hard for millennials to consider investing. He said: “In a world of conspicuous consumption, soaring living costs, and mounting student loan debt, millennials find it difficult to invest for the future because they are struggling to afford the present” Earlier in June, a survey also showed that 71% of wealthy participants have invested into digital assets. Source