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Stock impact report

The generational gap in crypto investment ‘has never been more marked', says VP at Coinbase [Yahoo! Finance]

Coinbase Global, Inc. - Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Yahoo! Finance
That's according to the latest crypto report released on Tuesday by Coinbase “Younger investors just feel like the traditional playbook isn't working,” said Gareth Kay, vice president of brand at Coinbase, about Gen Z and Millennials investing in crypto. “They've said, let's go and build a different one, because technology allows us to do that.” Gen Z and Millennials, or younger investors, as the report calls them, say that 25% of their portfolio is in non-traditional assets, including crypto, derivatives, and NFTs. That is three times more than older investors, or Gen X and Baby Boomers, who say that just 8% of their portfolio is tied to such assets. Coinbase released the report at a time when crypto is becoming increasingly available to mainstream investors of all ages. In late October, ETFs in cryptocurrencies like Solana, Litecoin, and Hedera launched on brokerages . The Bitwise Solana Staking ETF (BSOL) had the best ETF launch of the year of any asset class. And in early De Show less Read more
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