El Salvador has not used public funds to accumulate bitcoin since June 2025, IMF says

The IMF says El Salvador has not used public funds to accumulate bitcoin since June 2025. This removes a predictable, state-sponsored source of demand from the market. For Bitcoin, the cessation reduces a built-in support level for price and increases potential vulnerability to downside pressure and volatility, although the country’s existing BTC holdings remain on its balance sheet.