Cryptocurrency ETFs 'outperform' as nearly half of ETF investors plan to buy in
Bloomberg's ETF analyst, Eric Balchunas, said it was "shocking" to see Schwab's finding that investments in cryptocurrency ETFs could match those in bond ETFs.
According to a report from the giant brokerage Schwab Asset Management, nearly half of ETF investors are planning to buy cryptocurrency ETFs, equivalent to those who said they would buy bond ETFs.
In the report ETFs and Beyond published on Thursday, Schwab found that 52% of survey respondents are planning to invest in U.S. stocks, while 45% expressed interest in cryptocurrency ETFs, ranking second after U.S. bonds.
Bloomberg's senior ETF analyst, Eric Balchunas, stated in a post on X on Thursday that this result is quite surprising, considering the enormous scale of the bond market.
"This is also shocking to see cryptocurrency on par with bonds in the second position on the list of investment channels that people intend to pursue," he said. "This is completely outstanding as cryptocurrency only accounts for 1% of the total assets under management of ETFs, while bonds account for up to 17%."
Schwab's survey polled 2,000 individual investors aged 25 to 75, half of whom have bought or sold ETFs in the past two years and have at least $25,000 in investable assets.
