Bitcoin Surges 22% on $1.92 Billion ETF Inflows; Jackson Hole in Focus

NEW YORK, August 22, 2026, 11:03 EDT — Bitcoin was quoted at $76,963 as of 10:58 a.m. EDT Saturday, sustaining much of its 22% gain for the week following a peak of $79,463 on Friday. This marks the cryptocurrency’s strongest weekly rise since March 2024. U.S. spot Bitcoin ETFs attracted $1.918 billion across five sessions, underpinning the rally with significant inflows and highlighting a policy backdrop ahead of Jackson Hole.

• Bitcoin traded at $77,006 as of 4 p.m. EDT on Friday, rising 22% over the week.
• Between August 17 and August 21, US spot Bitcoin ETFs received inflows totaling $1.918 billion.
• The policy-fueled rally gained momentum from Treasury buybacks and suggested US crypto regulations.
• US inflation figures and Fed Chair Kevin Warsh’s speech at Jackson Hole are top events on next week’s agenda.

Scale is significant. The $77,006 figure posted on Friday points to a previous week’s reference level close to $63,120. This means bitcoin gained nearly $13,900 per coin over the week. By late Saturday morning in New York, it had fallen roughly 0.1% from Friday’s mark.

Washington delivered the initial move. The US Treasury announced plans to at least double the maximum size for liquidity-support buybacks of 10- to 30-year nominal bonds. The per-operation cap will increase from $2 billion to a minimum of $4 billion on September 9. Following the news, the dollar softened and appetite for scarce assets increased.