🟢 Digital Assets ETF (GBTC) is trading 6.1% up in pre-market on August 21, 2026 bond buybacks

GBTC is trading at $59.73, up 6.13% versus the August 20 close, following Bitcoin’s continued advance above $75,000 and digital-asset strength.

• The rally was initially triggered by the U.S. Treasury’s decision to at least double long-duration bond buybacks to $4 billion per operation, improving liquidity expectations/risk appetite.
• President Trump’s renewed support for the CLARITY Act added a regulatory tailwind; short-covering amplified the move.
• August 21 U.S. flash PMI data remains a potential volatility catalyst after the open.