05.30.23
Young Investors Diving Into Crypto Investments, Report Says
by: Karen DeMasters
About 56% of Gen Zers are already investing, and more than half of those have money in cryptocurrency, according to a report prepared by the CFA Institute and the FINRA Investor Education Foundation. The percentage of this group that is investing now is only expected to grow as the demographic ages, FINRA Foundation President Gerri Walsh said. “Overall, the younger generation may be more experienced with investing than prior generations were at the same age,” Walsh added. But “Gen Zs are investing in crypto and other products that did not exist when Gen X, for example, were at a similar age,” which makes comparisons challenging.
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