Schwab report: The interest of millennials in encryption currency ETFs has increased significantly

PANews reported on October 11th that according to The Block, Schwab Asset Management’s annual ETF research showed a significant increase in interest in encryption currency ETFs among millennials. The research shows that 62% of millennials plan to invest in encryption currency ETFs in the next year, far higher than 44% of Gen X and 15% of baby boomers. This indicates that the launch of encryption ETFs is narrowing the investment gap between different generations. Since the launch of the spot Bitcoin ETF in January this year, the cumulative volume has reached $426 billion. The interest in encryption currency is growing stronger among millennials and institutional investors.