Something we likely thought was the case was just confirmed...
Nate Geraci, president of the ETF Store, an independent investment advisor, revealed in a Bloomberg TV interview that his millennial clients are clamoring to hold bitcoin in their portfolios, if only the SEC would let them that is.
(Source: https://news.bitcoin.com/fund-providers-insist-theres-enough-market-liquidity-for-a-bitcoin-etf/)
But what about the majority?
How's 90% sound?
According to Geraci it's not even close...
"When we talk to our younger clients – we have a core gold allocation in our portfolios, and they’ll ask about that and say, ‘What about crypto?’ And if you talk to, primarily millennials, and ask them which they prefer, bitcoin or gold, it’s a landslide. It’s not even close, it’s like 90% prefer bitcoin.”
(Source: https://www.ccn.com/generation-bitcoin-90-of-millennials-prefer-crypto-to-gold-etf-expert)
Something like 90%!
Sorry gold, you had your time.
It's time for a better mouse trap!