A recent survey by Policygenius found that one in five American adults own cryptocurrencies.
A new survey suggests that young Americans are more likely to own cryptocurrencies than stocks, signaling a shift in financial assets and investment strategies from those preferred by older generations.
The study, which was conducted between Oct. 16 and Oct. 19 and published by the Policygenius Financial Planning Survey on April 9, featured 4,063 adult respondents in the United States. The survey revealed that 20% of Gen Zers (ages 18-26) and 22% of millennials (ages 27 to 42) are much more likely to invest in alternative assets like cryptocurrencies and nonfungible tokens (NFTs) compared to their older counterparts.
The survey also revealed that 18% of Gen Z respondents said they own stocks, against 28% of Gen Xers and 45% of Baby Boomers.
