Bitcoin Ownership Surpasses Gold Among Americans for the First Time

BTC0.93%

Gate News message, April 18 — For the first time, more Americans own Bitcoin than gold—50 million Bitcoin holders versus 37 million gold owners, according to a new report by River drawing on data from The Nakamoto Project and the Gold IRA Guide. As Bitcoin surged past $77,000 this week, the ownership crossover underscores a significant shift in American asset preferences.

Americans hold 40% of the entire global Bitcoin supply, more than any other country. U.S. public companies account for 94.8% of all corporate Bitcoin holdings worldwide, while the U.S. government holds approximately 198,000 BTC, representing 65% of all government-held Bitcoin globally. Despite maintaining the world’s largest national gold reserve at 8,133 tonnes, public opinion is shifting. A survey by The Nakamoto Project across 3,345 Americans found that 4 in 5 support converting some portion of U.S. gold reserves into Bitcoin, with a median recommendation of 10%—rising to 24% for Americans under 45.

Institutional adoption is accelerating. Wells Fargo, Bank of America, and Vanguard have opened Bitcoin ETF distribution to clients in 2026, while Goldman Sachs reports that 71% of institutional investors plan to increase their crypto allocation over the next 12 months. Bitcoin ETFs reached $10 billion in assets in seven weeks, compared to over two years for the first gold ETF. The CLARITY Act is nearing a final Senate vote and could grant Bitcoin permanent legal status, potentially unlocking additional institutional inflows.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin ETFs Record $663.9M Inflows, Strongest Day Since Mid-January

Bitcoin ETFs saw $663.9 million in inflows on April 18, indicating renewed institutional confidence and a shift in market sentiment. This trend suggests sustained interest in Bitcoin as investors seek to diversify their portfolios.

GateNews59m ago

Bitcoin Price Outlook Shifts as Iran Toll Demand Revives $1M Target Talk

Iran Bitcoin toll revives debate on crypto as global payment infrastructure Geopolitical tensions push Bitcoin beyond store-of-value into currency role Institutional adoption and flows strengthen long-term million-dollar Bitcoin narratives Bitcoin price outlook has shifted again after fr

CryptoNewsLand1h ago

MicroStrategy Proposes Semi-Monthly Dividends for STRC to Improve Liquidity and Stabilize Stock Price

MicroStrategy has proposed changing its STRC preferred stock dividends from monthly to semi-monthly to enhance liquidity and stabilize stock prices, maintaining an 11.5% annual yield. Concerns about this structure have been raised by Bitcoin critic Peter Schiff.

GateNews4h ago

Tim Draper-Linked Wallet Deposits 150.84 BTC to Major CEX, Facing ~$2.57M Loss

Tim Draper's wallet transferred 150.84 BTC, valued at $11.62 million, to a centralized exchange after a year of holding, leading to an estimated loss of $2.57 million.

GateNews4h ago

Bitcoin Spot ETFs Record $664M Net Inflows, Highest Single Day in Three Months

Bitcoin spot ETFs saw significant net inflows of $664 million on April 17, the largest in three months. BlackRock led the funds with $284 million, followed by Fidelity and ARK. Other products saw minimal contributions.

GateNews4h ago

Bitdeer Maintains Zero Bitcoin Holdings After Selling 177 BTC This Week

Bitdeer reported producing and selling 177 BTC in the week ending April 17, resulting in no net increase in its holdings, leaving the firm with a zero Bitcoin position.

GateNews5h ago
Comment
0/400
No comments