On Wall Street, the trend is your friend. And that's especially true in the crypto markets, where getting ahead of megatrends can be the key to spotting new investment opportunities and unlocking new wealth. With that in mind, here are three crypto megatrends that should be on your radar in 2024.

Arguably, Bitcoin (CRYPTO: BTC) is already mainstream, especially with younger investors. According to a Motley Fool survey from 2022, 54% of Gen Z investors and 60% of millennial investors already hold cryptocurrency in their portfolios. But Bitcoin is really poised to go mainstream in 2024, with the launch of the first-ever spot Bitcoin ETF for the U.S. market.

There's already been a lot of buzz about what this new financial product will mean for investors. Some Bitcoin bulls have called it the most important product launch on Wall Street in 30 years. Some have predicted it could unleash a giant tsunami of $25 billion or more into crypto, pushing up the price of Bitcoin.

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Source Fool.com