The survey, which included 730 Gen Z and Millennial investors, suggests a growing trend favoring Bitcoin for its potential for 'exponential upside'.

Hunter Horsley, CEO of Bitwise Asset Management, argues that Bitcoin's competition is more likely to be U.S. Treasuries rather than gold, viewing both as apolitical stores of value with differing volatility.

A recent survey by deVere Group revealed that 73% of young investors aged 24 to 45 prefer Bitcoin over gold for long-term investment, indicating a significant shift towards cryptocurrency as a viable asset class.

Nigel Green, CEO of deVere Group, emphasizes that Bitcoin and gold serve different purposes, with gold providing stability while Bitcoin offers growth opportunities.

Green advocates for a diversified investment portfolio that includes both Bitcoin and gold, suggesting that combining uncorrelated assets can enhance financial resilience and respond to market uncertainties.

Green underscores Bitcoin's appeal as a 'cornerstone of modern portfolios' due to its transparency, portability, and potential for significant price increases.

As Bitcoin gains broader acceptance through mechanisms like spot ETFs and increased corporate adoption, its legitimacy as an investment is expected to rise, attracting new demand.

Younger investors are increasingly viewing Bitcoin as a key component of modern investment portfolios, drawn to its transparency, portability, and independence from traditional banking systems.