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VanEck Research Director Predicts $60 Trillion Inflow into Cryptocurrency Over Next 20 Years
Matthew Sigel, head of digital asset research at VanEck, forecasts that over $60 trillion could flow into cryptocurrency in the next two decades. This prediction is based on a 2024 research report from a US bank's private banking division, which anticipates an $84 trillion wealth transfer from older generations to Generation X, millennials, and future generations by 2045.
Wealth Transfer: Young American investors, aged 21-43, are expected to inherit $42 trillion from the baby boomer generation.
Cryptocurrency Allocation: For $60 trillion to flow into cryptocurrency, these young investors would need to consistently allocate 14% of their inherited funds to digital assets, averaging $300 billion annually over 20 years.
Investment Behavior:
- Young, aggressive investors allocate 14% of their funds to cryptocurrency.
- Conservative investors in the same age group allocate between 12% and 17%.
- Investors aged 44 and above have minimal cryptocurrency allocation.
Growth Potential:
- 28% of young investors (21-43) see cryptocurrency as having the most growth potential.
- Only 4% of older investors (44+) share this view.
Investment Preferences:
- Among young investors, cryptocurrency is the second most popular investment, following real estate (31%) and private equity (26%).
Changing Attitudes:
- 72% of young investors believe they cannot achieve above-average returns solely through traditional stocks and bonds.
- Only 28% of older investors agree with this sentiment.
The report underscores a fundamental shift in investment strategies, with young investors increasingly viewing cryptocurrency as essential to their portfolios due to its growth potential and market uncertainty.
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