UK ADOPTION24 Apr 2026 15:09
ETF Flows
Bitcoin ETFs recorded seven straight days of inflows through Wednesday, with total inflows of around $1.9 billion across all providers.
Morgan Stanley’s newly launched Bitcoin ETF has also seen strong early demand, attracting more than $100 million in inflows in its first week. With an annual fee of 0.14%, it is now the cheapest Bitcoin ETF in the market.
Institutional Adoption
Charles Schwab, which has $11 trillion in client assets, is preparing to roll out crypto trading in the coming weeks, allowing clients to buy Bitcoin and Ether. The launch has been accompanied by educational material from Schwab.
Strategy remains a major buyer and is now the largest institutional holder of Bitcoin,. The company recently acquired 34,164 Bitcoin for $2.54 billion, taking total holdings above 800,000 BTC. Its stock has also had a strong run, rising from $105 in early February to about $175 today. In addition, the firm has announced that dividends on its STRC perpetual preferred shares will now be paid fortnightly rather than monthly.
UK Developments
Bitcoin is also gaining traction among UK political figures on the right. Former Prime Minister Liz Truss said decades of sterling debasement, weak growth, and poor monetary policy strengthened her support for Bitcoin as “sound money.”
Price Action
Bitcoin has continued to move higher as markets price in a possible resolution to tensions involving Iran. The price is now approaching $80,000, a level not seen since early February. Signs are also improving beneath the surface, with long-term whale holders appearing to have stopped selling, ETF inflows resuming, and Strategy continuing to buy.
Kwasi Kwarteng is chairing Stack, a newly formed Bitcoin treasury company, with Nigel Farage as a cornerstone investor. Taken together, these developments suggest a growing UK movement around Bitcoin that is becoming harder to ignore.