PANews reported on August 20 that according to the latest report "The Impact of Large-Scale Wealth Transfer on Bitcoin" by private bank Xapo Bank, it is estimated that US$84 trillion in assets will be transferred from baby boomers to younger generations worldwide, of which the United States will inherit US$10.6 trillion, Europe US$3.5 trillion, and Asia US$2.8 trillion.

Millennials and Generation X are more receptive to digital assets, with an estimated $160 billion to $225 billion expected to flow into the cryptoasset market over the next 20 years, with daily incremental buying estimated at $20 million to $28 million. The report notes that demand for Bitcoin as a long-term store of wealth will increase market liquidity, reduce volatility, and drive regulatory and institutional acceptance. Xapo has also launched a Bitcoin inheritance feature, providing clients with digital asset inheritance solutions and facilitating the use of Bitcoin in multi-generational family wealth management.