50M Americans now hold Bitcoin, surpassing gold ownership in US
Crypto Briefing·60-word summary·1 min read
Fifty million Americans now hold Bitcoin, surpassing gold ownership in the US, according to recent reports. This milestone highlights the increasing adoption of cryptocurrency among the population, potentially impacting financial markets, regulatory policies, and institutional investment strategies moving forward. The trend underscores Bitcoin's growing role as a store of value in the United States.
Tether invested $8 million in KAIO to support asset tokenization in the UAE. The funding aims to develop technology, custody, and compliance systems, enabling regulated Emirati funds to operate on blockchain. Tether's involvement promotes stablecoin settlement integration into KAIO’s platform, aligning with UAE's regulatory frameworks and expanding blockchain adoption in the region.
Between April 13 and 17, Bitcoin ETFs led with nearly $1 billion in inflows, totaling $996.38 million, with Blackrock’s IBIT accounting for $906.1 million. Ether also saw significant gains, continuing its recovery, while XRP and Solana posted solid increases. This marks a notable shift in ETF investment activity during that week, reflecting renewed investor interest in crypto assets.
The Bank for International Settlements (BIS) has warned that US dollar stablecoins pose significant financial stability risks and urges increased regulation. The BIS's statement highlights concerns over potential impacts on global financial systems, cross-border transactions, and market stability. The warning, issued in April 2026, emphasizes the need for regulatory frameworks to address the growing influence of stablecoins in the crypto economy.
Solana ETFs experienced $35 million in inflows, reflecting increased investor confidence amid rising geopolitical tensions as the US-Iran ceasefire nears its end. The inflows suggest that investors are viewing Solana-based funds as a strategic hedge against potential market volatility during this period. The trend highlights ongoing interest in crypto assets despite geopolitical uncertainties.
SEC Chair Gary Gensler's recent shift to a crypto-friendly stance signals potential positive impacts on Bitcoin and Ethereum markets, boosting investor confidence. This change could lead to increased institutional adoption and regulatory clarity, possibly driving prices higher. The move marks a significant policy shift that may accelerate mainstream acceptance of digital assets in the U.S.
XRP led altcoin ETF inflows with $55.39 million in the week ending April 20, 2026, marking the top among altcoins. Solana funds added $35.17 million, their best since February, while Avalanche and Chainlink each attracted over $5 million. Overall, XRP ETFs have gained $65.89 million in April, reflecting growing Wall Street interest beyond Bitcoin.