Bitcoin’s Wealthy Holders Turn to Loans and Yield as Investment Habits Mature: Xapo CEO

Xapo Bank CEO Seamus Rocca says wealthy bitcoin holders are increasingly borrowing against BTC and seeking yield, reflecting a shift from speculation to private banking. About 45% of Xapo customers earn BTC interest on dollar savings; the bank advertises a 4.1% variable base rate and a temporary 4.6% introductory rate for eligible new members, according to CoinDesk. Customers are split between profit-takers and holders who borrow rather than sell. Rocca said traditional banks’ caution creates an opening for Xapo, while lower geopolitical and regulatory uncertainty could help bitcoin reach $250,000 over the next two to three years.