According to a joint study by Boston Consulting Group (BCG), Bitget, and Foresight Ventures, the total number of cryptocurrency users will reach 1 billion by 2030.
The research data shows that retail investors only put 4% of their assets, a total of $300 million, into the crypto market.
For institutional investors, 2% of the portfolio is devoted to the crypto market.
The research shows that most investors allocate 25% of their funds to stocks. Only 0.3% of total personal wealth is distributed across asset classes.
However, thanks to the development of the Internet, the total number of cryptocurrency users is expected to reach 1 billion by 2030.
There are currently only about 200 million users of cryptocurrencies in the global market.
The study also noted that hedge funds and venture capital firms are the most willing to invest in the crypto market.
VCs have been keeping a close eye on the crypto space, given the massive capital inflows. For example, they invested $30 billion in 2021. From the fourth quarter of 2020 to the end of 2021, the exposure of hedge funds and venture capital firms nearly doubled to $70 billion.
Venture Capital (VC) firms continue penetrating the crypto sector, given that they have pumped in $17 billion so far this year.
In May, Brian Armstrong, CEO of Coinbase Global Inc, also said that within the next decade, there will be as many as 1 billion cryptocurrency users.
“My guess is that in 10-20 years, we’ll see a substantial portion of GDP happening in the crypto economy,” Armstrong said.
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