JPMorgan Chase published a report on August 5 that describes investment habits of retail investors during the pandemic. Younger generations have a strong preference for Bitcoin (BTC) and tech stocks, while it was noted that older investors were warming up to digital assets.

• Investment behaviour varies greatly between age groups
• Millennials are investing in tech stocks, while older investors are selling equity
• 46% jump in retail investment in stocks since March
• Both gold and Bitcoin ETFs have experienced strong inflows, with interest coming from both younger and older investors
• Trend follows a Bloomberg report earlier this year that said Bitcoin would see a price rise, having also said that Bitcoin was experiencing “a leap in maturation”