Binance Gen Z traders lift ETF share to 25%

Gen Z traders on Binance have increased the ETF share of their equity trading volume to 25% in early August as their allocation to individual stocks has declined. Summary ETFs accounted for 21.9% of Gen Z net equity inflows in July, up from 18.5% in June. Individual stocks received 74.2% of July inflows, compared with 77% one month earlier. Gen Z averaged fewer monthly trades than Millennials and Gen X across the products studied. Binance warned that its short direct-equities data window limits conclusions about lasting behavior. Binance Research found that exchange-traded funds are taking a larger share of Gen Z equity activity across the exchange’s direct-equity, tokenized-stock, and traditional finance perpetual products. The research compared trading frequency, net capital flows, and leverage use among Gen Z, Millennials, Gen X, and Baby Boomers. While the youngest group increased its ETF allocation, the figures also showed that Gen Z generally traded less often than other working-age generations. During July, ETFs received 21.9% of Gen Z’s net equity inflows, rising from 18.5% in June. Over the same period, the share directed toward individual stocks fell from 77% to 74.2%. By...