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Scott Bessent Lit the Match. Bitcoin ETFs Are Turning the Digital Gold Trade Back On

BenzingaAug 24, 2026, 3:29 PMChandrima Sanyal

Bitcoin surged 23% as stocks fell and gold rallied, while spot Bitcoin ETF inflows topped $1.6 billion, reviving the “digital gold” trade and boosting IBIT.

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benzinga
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Aug 24, 2026, 3:29 PM
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Aug 24, 2026, 3:29 PM
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  1. Zacks Investment ResearchAug 27, 2026, 2:18 PMNa

    ETFs to Watch After Revival of Bitcoin

    Bitcoin surged past $80,000 on August 25, 2026, driven by U.S. Treasury's increased bond buyback program and concerns about currency debasement. The rally is supported by strong ETF inflows and increased investor confidence, though risks remain from potential profit-taking and volatility. Sustainability depends on continued ETF inflows and favorable Treasury liquidity conditions.

    Read original at zacks-investment-research