Bloomberg ETF analyst Eric Balchunas said it was “shocking” to see Schwab’s findings that crypto ETF investments could be on par with those in bond ETFs.
Nearly half of exchange-traded fund (ETF) investors are planning to buy a crypto ETF, matching those who said they’d buy a bond ETF, according to a report from brokerage giant Schwab Asset Management.
In its ETFs and Beyond report released on Thursday, Schwab found that 52% of respondents to its survey were planning to invest in US equities, while 45% said they were interested in crypto ETFs, tied in second place with US bonds.
Bloomberg’s senior ETF analyst Eric Balchunas said in an X post on Thursday that the results were a surprise, given the sheer size of the bond market in comparison.
