Crypto more popular than mutual funds among millennials, survey shows

2022.06.29 14:50

Crypto more popular than mutual funds among millennials, survey shows

Investing firm Alto recently surveyed adults based in the United States to find out their preferences in investing. The results show that more millennials aged 25 to 40 are investing in crypto than in mutual funds.

The report, dubbed “How Millennials See Their Financial Future,” reveals that nearly 40% of millennial respondents have invested in cryptocurrencies. According to the report, this is “greater than the percentage of millennials who own mutual funds.” Moreover, the percentage is almost equal to those millennials who own stocks.

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