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Millennials in the US are betting on cryptocurrencies more than they are on traditional investment tools like mutual funds. In a recent report, investment firm Alto said that 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. 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 Alto’s latest survey results indicate that almost 39% of surveyed millennials hold cryptocurrency assets. This number is more than the millennials who invested in mutual funds. The global The results show that more millennials between the ages of invest in cryptocurrencies than in mutual funds. The report, called “How millennials see their financial According to the research, 40% of millennials, aged between 26 to 41 own some form of cryptocurrency. On the other hand, only 29% of millennials in the U.S have

US Millennials Prefer Crypto Over Mutual Funds: New Survey Reveals Shocking Investment Trends

Are millennials ditching traditional investments? A groundbreaking new survey reveals a surprising trend: US millennials own more cryptocurrency than mutual funds. This shift in investment preferences highlights a significant change in how young adults are approaching their financial future.

Millennials Betting Big on Crypto

Millennials in the US are betting on cryptocurrencies more than they are on traditional investment tools like mutual funds. 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 embracing digital assets. According to the research, 40% of millennials, aged between 26 to 41 own some form of cryptocurrency. On the other hand, only 29% of millennials in the U.S have invested in mutual funds.

Alto Survey Highlights Crypto's Popularity

In a recent report, investment firm Alto said that 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. Alto’s latest survey results indicate that almost 39% of surveyed millennials hold cryptocurrency assets. This number is more than the millennials who invested in mutual funds. The global report, called “How millennials see their financial future,” sheds light on this growing trend.

Why Are Millennials Choosing Crypto?

The results show that more millennials between the ages of invest in cryptocurrencies than in mutual funds. This preference could be driven by several factors, including a desire for higher returns, a belief in the future of blockchain technology, and a general distrust of traditional financial institutions.

This trend of US millennials owning more cryptocurrency than mutual funds signifies a significant shift in the investment landscape. It will be interesting to see how this preference evolves in the years to come.

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