A recent survey by PolicyGenius on April 9 revealed that over 20% of young Americans are involved in cryptocurrency, with younger generations being four times more likely to invest in crypto than older ones.

Gen Z, aged 18 to 26, shows the strongest inclination towards cryptocurrency compared to traditional investments. Specifically, 20% of Gen Z respondents own cryptocurrency, surpassing ownership rates of stocks (18%), real estate (13%), and bonds (11%).

Millennials, aged 27 to 42, also demonstrate a significant interest in crypto, with 22% owning it. However, their ownership rates of traditional investments like stocks (27%) and real estate (24%) are slightly higher.

The survey highlights a generational gap, with older generations showing lower ownership rates of crypto and NFTs. For instance, only 10% of Gen X respondents and 5% of baby boomers own cryptocurrency.

Real estate investment patterns also differ across generations, with younger investors showing a preference for crypto due to housing shortages and high costs associated with real estate investments.