🟢 BITX is trading 4.4% up today as Bitcoin rallies above $77,000

BITX is trading 4.4% up at $17.94 after Bitcoin extended its multi-day rally above $77,000.

• Renewed U.S. spot Bitcoin ETF demand, short covering, and derivatives liquidations are supporting the crypto advance. ETF inflows and more than $3.8 billion in liquidated crypto shorts have amplified Bitcoin’s rebound.
• Bitcoin’s rally also reflects improved liquidity expectations following expanded Treasury bond buybacks and optimism around U.S. digital-asset regulation.