Xapo Report: Global Wealth Transfer May Boost Bitcoin Demand

According to news from Hash World, the latest report from Xapo Bank (the impact of large-scale wealth transfer on Bitcoin) shows that an estimated $84 trillion in assets will be transferred from the Baby Boomer generation to the younger generation globally, with the United States inheriting $10.6 trillion, Europe $3.5 trillion, and Asia $2.8 trillion. Millennials and Generation X have a higher acceptance of digital assets, and it is expected that between $160 billion and $225 billion will flow into the crypto asset market over the next 20 years, with daily incremental purchases ranging from $20 million to $28 million. The report points out that the demand for Bitcoin as a long-term wealth storage tool will enhance market liquidity, reduce volatility, and promote regulatory and institutional acceptance. Meanwhile, Xapo has launched a Bitcoin inheritance feature to provide customers with digital asset inheritance solutions, facilitating the application of Bitcoin in multi-generational family wealth management.