Grayscale: Generational wealth transfer could bring $2.2T to crypto

A generational wealth transfer could be a long-term positive for the cryptocurrency market, Grayscale said in a report. According to The Crypto Basic, the report noted that Americans over 60 hold approximately $110 trillion in assets. This wealth is expected to shift to younger generations over time, potentially reaching up to $124 trillion between 2045 and 2048. The report highlighted that 45% of Millennials and Gen Z own crypto, compared to just 18% of older generations. Based on this, Grayscale calculated that if only 2% of the total transferred assets were to flow into crypto, it would create about $2.2 trillion in new demand.