VanEck Europe Forecasts Major Growth in Crypto, Expects It to Hit 50% of Assets Under Management

VanEck Europe expects crypto assets to make up 50% of its assets under management in the future, up from 10% currently.

The CEO sees more growth potential in crypto than in other asset classes.

VanEck Europe launched a crypto and blockchain ETF in 2021 that holds stocks like Coinbase and MicroStrategy.

VanEck has been involved in crypto for years, filing for a bitcoin ETF in the US back in 2017.

The CEO believes crypto investors are in it for the long run, not just to make a quick profit, which he sees as a positive sign.