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Young investors are favoring Bitcoin over Disney and Netflix stocks.

Dec 10 2019

Young investors are favoring Bitcoin over Disney and Netflix stocks. According to a Charles Schwab report, 25-to-39-year-olds hold 1.84% of their assets in Grayscale Bitcoin Trust, compared to 1.58% at Netflix and 1.68% at Walt Disney Co. Younger investors are known for having a bigger appetite for risk, and Bitcoin’s newness is potentially frightening. Older generations did not rate Bitcoin highly—it didn’t even make their top 10 equity holdings of Xers or Boomers. (TNW)