When the State Moves Coins: Why Bitcoin’s Biggest ETF Is Soaring While Governments Quietly Reshuffle

Bitcoin supply has tightened as spot ETFs have absorbed coins into long-term custody, with IBIT holding 800,000+ BTC and exchange balances having fallen by 90,000 BTC. U.S. government wallets have shifted 667 BTC and hold over 200,000 BTC, shaping liquidity and volatility.

The post When the State Moves Coins: Why Bitcoin’s Biggest ETF Is Soaring While Governments Quietly Reshuffle appeared first on Cryptonews.