Mark Yusko made his statement during a conversation with cryptojournalist Scott Melker. Yusko emphasized that traditional investment companies managing the assets of “baby boomers” (born 1946-1964) are increasingly interested in digital assets.
“We are seeing a very significant shift in demand, but it has not yet fully manifested itself, I would say that it is not even close to fully manifesting itself. I believe that over the next 12 months, some of the investment advisors who manage boomer money will be investing in Bitcoin ETFs. Boomers now have about $30 trillion, and I think about $300 billion will come into this area, that's about 1%. At the same time, this is more money than was converted into bitcoins in 15 years, this is amazing,” says Mark Yusko.
At the beginning of April, the CEO of Morgan Creek said that after the halving we should expect parabolic growth of the first cryptocurrency.
Source: Bits
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