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Up to 20% of individuals under 30 consider cryptocurrency investments as an alternative to traditional retirement savings.
More than 40% of members from Gen Z and Alpha, aged 28 and younger, have already made investments in cryptocurrencies, according to a study by Bitget Research.
The research indicates that 20% of young individuals regard cryptocurrencies as a replacement for conventional retirement savings. Additionally, 78% of participants showed greater confidence in alternative retirement savings options compared to traditional pension funds.
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Simultaneously, pension funds focused on cryptocurrency are gaining increasing interest from younger generations. However, 73% of respondents acknowledged that they do not fully understand where and how these organizations invest, which impedes the wider acceptance of alternative and hybrid pension systems.
The Bitget Research survey gathered feedback from 34,382 participants across different age demographics, with 48.55% belonging to Gen Z and Alpha.
Another study conducted by CryptoQuant in 2024 revealed that 35% of cryptocurrency users were aged between 25 and 34. The majority of respondents indicated that they invest less than $10,000 annually, underscoring the prevalence of retail investors in the market.
In 2024, prominent U.S. pension funds began to actively invest in cryptocurrency exchange-traded funds (ETFs).
The post Youth See Crypto Investments as Alternative to Pensions appeared first on CoinsPaid Media.
