
How $739B in new US debt could absorb crypto’s liquidity before buybacks even reach Bitcoin
A bigger Treasury buyback program sounds like liquidity support, but heavy new issuance could offset much of that effect before it reaches Bitcoin.
SEC and CFTC actions, state policy, ETFs, startups, and nationwide crypto market trends.

Bitcoin funds lost $201.9 million Friday while rival crypto ETFs still attracted fresh capital.

Wall Street has turned the humble ETF into a wrapper for almost any financial bet imaginable.

Bitcoin miners used to trade like leveraged bets on BTC, but their growing AI businesses are breaking that relationship.

Billions of dollars can appear inside a crypto ETF without investors buying a single new coin on launch day.

Bitcoin dropped from around $80,000 to below $77,000 as the Fed chair reopened the door to higher interest rates.

A new Tier 2 framework lowered qualifying gates to $25 billion in AUM and 5 million monthly options sides, bringing IBIT back during Q3.



