US Spot Bitcoin ETFs See $5.3 Billion Inflows Following Treasury Buybacks

US spot Bitcoin ETFs have recorded $5.3 billion in net inflows since the US Treasury announced expanded debt buybacks on August 19. The Treasury increased its liquidity support operations for 10-30 year maturities to at least $4 billion per operation through November 4. While analysts note this is a shift in debt composition rather than quantitative easing, the announcement triggered significant market movement, including an 8.2% rise in Bitcoin's price and the liquidation of approximately $1.4 billion in short positions on August 19.