Mainstream Investors Flock to Cryptocurrency Amid Market Volatility

Charles Schwab's recent decision to allow investors to trade cryptocurrency directly on its platform has sparked a surge in interest among investors of all ages. The move, announced in April, has led to numerous questions from clients seeking guidance on investing in crypto.

A 68-year-old client of financial advisor Jeff Judge approached him with concerns about missing out on the opportunity to invest in cryptocurrency. This is just one example of how mainstream investors are now taking an interest in crypto.

AMCs, on the other hand, reported stable earnings for FY26 but saw their quarterly profits affected by mark-to-market losses due to market volatility caused by the West Asia conflict. ICICI Prudential AMC and HDFC AMC saw notable declines in net profit, while Nippon India AMC's earnings declined 5%.