Binance Research: Gen Z Lifted ETFs to 25% of Its Equity Volume in August

Exchange-traded funds (ETFs) took 25.0% of Gen Z equity trading volume on Binance in the first days of August, up from 14.6% in June.

According to a Binance Research report published on August 12, millennials directed 9.5% of their early-August equity volume to the same instruments. Unleveraged ETFs drew 18.5% of Gen Z net equity inflow in June and 21.9% in July, while the single-stock share fell from 77.0% to 74.2%.