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Bitcoin Positioned as Key Beneficiary of $84 Trillion Great Wealth Transfer, Says Xapo Bank

From financefeeds.com

Xapo Bank has released a new report, The Impact of the Great Wealth Transfer on Bitcoin, outlining how trillions of dollars shifting from Baby Boomers to younger generations could transform the role of Bitcoin in global wealth management. The report estimates that $10.6 trillion will be inherited in the U.S. by 2030, alongside $3.5 trillion in Europe and $2.8 trillion in Asia. As this wealth moves primarily to Millennials and Gen X, both of whom demonstrate greater openness to digital assets, Bitcoin is expected to receive a substantial boost. Research cited by Xapo suggests that between $160 billion and $225 billion ... (full story)

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  • Category: Fundamental Analysis