The New York Fed schedules about $17 billion in Treasury bill purchases from August 14 to September 14, including up to $2.122 billion on September 10, to keep banking reserves steady by rolling over agency securities.
The Treasury plans $14.5 billion in debt buybacks next week, part of a larger $38.25 billion September total, with doubled liquidity support for longer-term securities starting September 9.
Crypto observers like Evan Luthra call it liquidity quietly returning, potentially lifting Bitcoin, Ethereum, and altcoins alongside broader markets.