US Government Considers Additional Bitcoin Purchases Amid ETF Surge
David Sacks, the White House’s crypto and AI czar, announced at the Bitcoin 2025 conference that the US government may consider additional purchases of Bitcoin if budget-neutral conditions are met. He highlighted a March executive order allowing for potential Bitcoin acquisitions via asset forfeitures and proactive purchasing, pending approval from either the Treasury or Commerce Secretary.
- The US currently holds approximately 198,012 BTC, worth over $21 billion.
- 11 US-listed spot Bitcoin ETFs have attracted $5.77 billion in inflows this month, marking their best performance since November.
- BlackRock’s IBIT ETF is leading in performance alongside Bitcoin's all-time high above $110,000.
Despite record prices in Q2 2025, retail investor activity remains low, with stagnant BTC transfer volumes in the $0-$10K range. Institutional demand is driving prices, but historical trends indicate prolonged growth requires retail participation.
- Long-term Bitcoin holders have moved over $4.02 billion worth of Bitcoin in May, signaling significant selling pressure.
- The 3-5 year holder group contributed $2.16 billion to these outflows, reflecting strategic profit-taking amid price surges.