IBIT is trading at $40.31 (+3.94%) as Treasury’s expanded long-term bond buybacks lowered yields and improved appetite for risk-sensitive assets.
- President Trump’s call for Congress to pass the CLARITY Act added a crypto-specific regulatory catalyst.
- Renewed spot-Bitcoin ETF demand and heavy short liquidations amplified Bitcoin’s advance; IBIT volume exceeded 4.5 times its 30-day average.