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Bitcoin more popular than Netflix stock among millennials; GBTC one of their top 5 equity holdings
More millennials hold a bitcoin-tied investment product in their investment portfolios than Netflix stock, according to a recent report from brokerage giant Charles Schwab. The report, published Wednesday, showed that millennials (currently aged between 25-39) have a higher holding in Grayscale’s Bitcoin Trust (GBTC) investment product at 1.84% than Netflix stock at 1.58%. Schwab publishes this report every quarter and collects data from nearly 142,000 retirement plan participants who currently have balances between $5,000 and $10 million in their Schwab Personal Choice Retirement Account. GBTC is also more popular ... (full story)