Grayscale: Millennials will invest more in crypto in the future

During an investor conference call earlier this month, Grayscale CEO and founder Barry Silbert said that millennials are the largest generation in the United States and are now entering their main income year. This means that since the younger generation does not seem to be as averse to Bitcoin as the older generation, more funds will be invested in the crypto space in the future. According to the gray asset management digital asset report, GBTC's asset management scale has increased by approximately $ 800 million over the past month. Interestingly, although the value of BCH held by grayscale has also increased by approximately $ 1.3 million, its Ethereum holdings have increased by 160%. Millennials have shown that they are less risk-averse and have a better understanding of Bitcoin, blockchain technology, and cryptocurrencies in general.