The latest report from the International Monetary Fund (IMF) shows that despite the Salvadoran government claiming to purchase one Bitcoin every day, there have been no new Bitcoin purchases in 2025. The increase in wallet balance is solely due to transfers between internal government wallets, not real market transactions. The government has committed to fully withdrawing from the Chivo electronic wallet system by the end of July 2025 and dissolving the public Bitcoin trust fund Fidebitcoin. The IMF confirms that El Salvador is fulfilling its fiscal commitments, but this situation has raised concerns about government transparency and credibility.

https://www.imf.org/en/Publications/CR/Issues/2025/07/15/El-Salvador-2025-Article-IV-Consultation-First-Review-Under-the-Extended-Fund-Facility-and-568621?cid=em-COM-123-50448