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Opinion: Cryptocurrency expected to receive $6 trillion from legacy, young investors actively layout

Matthew Sigel, head of digital asset research at Bitwise, predicts that more than $6 trillion will flow into the cryptocurrency market in the next 20 years, mainly from the huge wealth inherited by young investors in the United States. According to Bank of America research, Gen X and millennials are likely to inherit $84 trillion from the elderly and baby boomers, who are expected to invest 14% of their assets in cryptocurrencies. Young investors are generally optimistic about the growth prospects of cryptocurrencies, with 28% seeing it as the largest investment opportunity, second only to real estate and private equity. Meanwhile, investors aged 44 and older are significantly less interested in cryptocurrencies than younger generations, with only 4% seeing it as having the greatest growth opportunity. The trend reflects a shift from traditional investment models among young investors, who generally believe that traditional stocks and bonds alone cannot generate high returns.