GBTC is trading at $54.57, up 3.02% in after-hours trading after the U.S. Treasury announced plans to at least double long-term bond buybacks to $4 billion or more per operation, pushing yields lower and improving risk appetite.

  • Bitcoin rallied toward $69,500.
  • Renewed spot Bitcoin ETF demand also supported the sector, with approximately $189 million in inflows on August 18.
  • Trump’s renewed push for the CLARITY Act added a favorable regulatory catalyst.