President of ETF Store: 90% of Millennials are more interested in holding Bitcoin

Nate Geraci, president of ETF Store, an independent investment adviser, said in an interview with Bloomberg Television recently that as long as the US Securities and Exchange Commission finally approves encrypted ETFs, its millennial customers are more inclined to hold bitcoin in their portfolios. Geraci said that most millennials are willing to hold bitcoin instead of traditional hedge assets like gold, and about 90% of millennials prefer bitcoin.