Young UK investors choose cryptocurrencies over stocks: survey

FILE PHOTO: A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken March 15, 2021. REUTERS/Dado Ruvic/Illustration

LONDON (Reuters) - Young British investors are twice as likely to buy cryptocurrencies such as bitcoin as they are to buy stocks, a survey by U.S. financial group Charles Schwab indicated on Thursday.

In the survey, 51% of investors aged between 18 and 37 traded or owned cryptocurrencies, double the number of those - 25% - buying or holding equities.