Is there a new generational divide in crypto wealth creation?

The results highlight a new generational divide in wealth creation from crypto, with younger investors able to earn vast fortunes from the surge in the prices of bitcoin, ether and other digital currencies.

Is cryptocurrency a good investment?

Cryptocurrency is creating and destroying wealth at an alarming rate, which has a tendency to make people go….just a little crazy. And, as the residents of the Crypto Crackhouse will tell you, it's more of a lifestyle than an investment community.

How much of your wealth are you investing in cryptocurrencies?

Some 47% of millennial millionaires surveyed have more than 25% of their wealth in cryptocurrencies, according to the survey of 750 investors with at least $1 million in investible assets. More than a third of millennial millionaires have at least half their wealth in crypto.

Should wealth management firms offer crypto products to younger investors?

Walper said many wealth management firms are reluctant to add crypto directly to their investing platforms due to the legal and performance risks. Yet with a growing number of crypto financial products becoming available, including crypto-based ETF’s, many more firms are now able to start offering crypto products to younger investors.