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Crypto Tailwind: The Greatest Wealth Transfer in History
Baby Boomers are the wealthiest generation in U.S. history. At the end of last year, they held nearly $90 trillion in wealth, according to Federal Reserve data (see chart). Combined with the Silent Generation, Americans roughly sixty years and older hold a net worth of approximately $110 trillion. Over the coming decades, this wealth will be passed down to younger generations. Younger investors have strikingly different investment preferences than older investors, especially when it comes to crypto. Coinbase’s State of Crypto survey found that 45% of Gen Z and Millennial investors own crypto, versus just 18% of Gen ... (full story)