Xapo Bank Says 79% of Members Increased Bitcoin Holdings in Q2
Xapo Bank said on August 5 that 79% of its members ended the second quarter of 2026 with more Bitcoin in their accounts than at the beginning of the period. Of those members, 28% increased their holdings by more than 5%.The increase came as trading activity slowed. The number of Bitcoin trades decli
On August 5, Xapo Bank reported that 79% of its members ended the second quarter of 2026 with more Bitcoin in their accounts than when they started. Among these members, 28% saw their holdings increase by more than 5%. This surge in Bitcoin holdings occurred despite a decline in trading activity. Bitcoin trades fell by 2.7% from the previous quarter, while the average purchase and sale sizes dropped by 12.9% and 20.2%, respectively.
In total, buying volume decreased by 28.7%, compared to a 17.2% decline in selling volume. These statistics indicate that some Xapo members continued to accumulate Bitcoin selectively, even as transaction activity slowed. However, Xapo did not provide the exact number of members involved or differentiate between purchases and transfers from external wallets.
The assets under management in Xapo’s BTC Fund rose by 15.1% quarter-on-quarter, though the bank did not disclose the total fund value or separate inflows from price changes. Active Bitcoin-backed loans remained steady, while the combined value of outstanding loans and loan increases grew by 3.4%. Interestingly, loan openings declined by 29.2%, suggesting that the growth in Bitcoin holdings was largely driven by existing borrowers rather than new adoption.
Xapo concluded that these figures suggest a trend of some members using Bitcoin as part of a broader wealth-management strategy, aiming for yield and liquidity without selling their underlying holdings. It's important to note that these data points are specific to Xapo Bank's members and should not be generalized to the wider Bitcoin market.
Nonetheless, the combination of reduced trading volumes, rising Bitcoin holdings, and increased borrowing activity signals that certain long-term holders are moving towards more structured management of their Bitcoin assets.
Written by urgent.news from Korea IT Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
