Crypto ownership driven by high-income millennials; baby boomers appear disinterested

It appears that younger demographics are dominating digital asset ownership as high-income millennials are ~3x more likely than the average American to own cryptos Morning Consult's report called The State of Consumer Banking & Payments. On the other hand, baby boomers, the wealthiest generation in the U.S., remain "largely disinterested in cryptocurrency," the report says. More than 45% of Millennials own crypto vs. ~30% in the year-ago period. Baby boomer crypto ownership remains large flat from the past year. Gen Z adults also show strong growth in digital asset ownership and will "continue to be instrumental to the success of cryptocurrency more broadly," the report says. Another interesting stat from the report is that nearly 24% of survey respondents reported household ownership of crypto, compared with 23% reporting certificate of deposit ownership. A CD is a time deposit with a small fixed interest rate that is usually sold by banks