40% of the surveyed American millennials have invested in cryptocurrencies, which is a larger chunk than those who own mutual funds, an Alto poll determined.
According to a research conducted by the investing firm Alto, 40% of the American millennials hold cryptocurrencies. Nearly the same share of people own individual stocks, the survey estimated.that more US millennials had distributed some of their wealth into crypto than those who had dealt with mutual funds. 70% of HODLers have included digital assets in their Individual Retirement Accounts .
The current macroeconomic conditions, though, have made it tough for millennials to invest in any type of asset. Eric Satz – Founder and CEO of Alto – explained:
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