Key facts
- The IMF confirmed El Salvador's Bitcoin purchases were funded by private donations.
- Public funds were not used for El Salvador's Bitcoin accumulation after the June 2025 review.
- Future Bitcoin growth for El Salvador will depend on verified private donations.
- Majority ownership and operational control of El Salvador's Chivo wallet has been transferred to a private operator.
- US-listed spot Bitcoin ETFs saw their largest inflows in nearly eight months on Thursday, totaling $730.9 million.
- Bitcoin reclaimed the $80,000 level.
The International Monetary Fund (IMF) has confirmed that El Salvador's Bitcoin purchases after its June 2025 review were funded by private donations, not public money. The lender stated that documents provided by Salvadoran authorities verified the source of funds, meaning the increase in holdings did not reflect purchases financed with government resources. The IMF also noted that majority ownership and operational control of the Chivo wallet have been transferred to a private operator, with the government retaining a minority stake. No further accumulation beyond documented donations is expected.
In separate developments, US-listed spot Bitcoin exchange-traded funds (ETFs) experienced their largest inflows in nearly eight months, attracting $730.9 million on Thursday, coinciding with Bitcoin reclaiming the $80,000 level. Additionally, the National Sheriffs’ Association has withdrawn its opposition to the CLARITY Act, a crypto market structure bill, shifting its stance to neutral ahead of a key Senate vote.