🟢 BITC is trading 4.18% up today as Bitcoin advanced sharply toward $70,000

BITC is trading at $36.98, up +4.18%, as Bitcoin advanced sharply toward $70,000, lifting crypto-linked assets.

• Strong U.S. spot-Bitcoin ETF demand, including approximately $517 million of inflows on August 19, supported the move.
• The rally also followed expanded Treasury bond buybacks and widespread short liquidations.
• BITC’s gain contrasts with weaker major U.S. indexes as crypto momentum outweighs broader risk-off pressure.