✉news BusinessCrypto first seen 3 h ago, last 57 min ago, peak #13

Bitcoin ETFs add $5.3 billion after Treasury buyback plan

Original: Bitcoin ETFs add $5.3B after Treasury buyback plan

Bitcoin exchange-traded funds drew roughly $5.3 billion in inflows following the US Treasury's announcement of a buyback plan. Market watchers link the surge to expectations that increased Treasury market liquidity and fiscal stimulus could strengthen demand for bitcoin as an alternative asset. The flows mark one of the larger recent weekly additions to spot bitcoin ETFs.

Why now: Investors are reacting to the US Treasury buyback announcement and its perceived boost to bitcoin ETF demand.

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• Bitcoin ETFs add $5.3B after Treasury buyback plan · Crypto News

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