XRP Loses ETF Appeal to Bitcoin in $1.4 Billion Week, Binance Whale Bags Billions of SHIB Amid Asteroid Shiba Surge, Dogecoin Price Turns Green for Doge Day: Morning Crypto Report
U.Today·60-word summary·1 min read
In a $1.4 billion week, XRP lost its ETF appeal to Bitcoin, which saw a $1.1 billion surge. Meanwhile, Binance whales accumulated billions of SHIB amid the Asteroid Shiba hype, and Dogecoin turned green for Doge Day, driven by X Payments excitement. XRP's ETF setback highlights ongoing regulatory and market shifts in the crypto space.
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.
Former President Donald Trump hinted at possible regime change in Iran, raising geopolitical tensions on April 20, 2026. His comments caused market uncertainty, negatively impacting diplomatic efforts and leading to a decline in uranium enrichment prospects. The remarks have heightened concerns over Iran’s nuclear policy and increased instability in the region, influencing global market confidence.
Crypto investment products saw $1.4 billion in inflows in the second-strongest week since January, with Bitcoin funds leading at $1.12 billion, mainly from US spot Bitcoin ETFs. Ether products added $328 million, boosting year-to-date flows to positive. Overall, crypto fund inflows for 2026 have reached $3.8 billion, reflecting growing institutional interest.
