Millennials Favor Crypto ETFs As Top Investment Asset, Schwab Reports Growing Bullish Sentiment Among ETF Investors
A recent Schwab Asset Management study indicates ETF investors’ sentiment remains upbeat despite market and political uncertainty.
What Happened: The 2024 edition of “ETFs and Beyond,” an annual study by Schwab Asset Management, stated that 75% of survey respondents feel confident their portfolios would recover from a deep recession or black swan event.
It added that ETFs constitute 27% of ETF investor portfolios at present, with a significant 65% of investors intending to augment their ETF investments in the forthcoming year.
Despite market volatility, fears of recession, and political uncertainties, 91% of ETF investors state that ETFs are a necessary part of their portfolios and 65% plan to increase investments in ETFs in the next year.
Cryptocurrencies have …
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