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Crypto

$124 trillion baby boomer wealth shift could reshape crypto market

An analysis says the transfer of about $124 trillion in U.S. household wealth over the next two decades could significantly alter long-term demand in the cryptocurrency market. It argues that the shift of assets to younger generations may be a structural growth driver for bitcoin and other digital assets, outweighing short-term factors such as ETF approvals or interest rate cuts. Surveys show millennials and Generation Z have higher crypto ownership and allocation rates than older cohorts.

Crypto

How far can demand for XRP spot ETFs go? Grayscale says they could absorb 5 to 6 percent of supply

XRP spot exchange-traded funds could absorb 5 to 6 percent of XRP’s circulating supply in the short term, a forecast said. Grayscale Investments research head Zach Pandl said on a podcast that all listed XRP ETFs combined could ultimately hold about 5 to 6 percent of supply, calling it an initial estimate. XRP spot ETFs have recorded cumulative net inflows of $1.42 billion since launch, though total net assets slipped with recent price declines.

Crypto

Polymarket puts 2026 enactment odds for CLARITY Act at 73% ahead of May 14 review

Polymarket raised the implied probability that the U.S. CLARITY Act, a crypto market structure bill, will be enacted in 2026 to 73 percent. BeInCrypto reported the figure rose from 46 percent in early May, with attention on a May 14 Senate Banking Committee meeting in Washington. The bill cleared the House last July but stalled in the Senate. Industry groups are still seeking changes, including to a revenue-related compromise affecting stablecoin issuers.