Federal Reserve balance sheet grows by $7.96 billion in latest weekly update
Reserve bank credit rose $8.14 billion as the Fed's total assets hover near $6.79 trillion, maintaining a steady liquidity backdrop for risk markets.
The Federal Reserve’s balance sheet expanded by $7.96 billion for the week ending June 24, 2026, according to the central bank’s H.4.1 statistical release published on June 25. Total factors supplying reserve funds now sit at $6.788 trillion.
The growth was driven primarily by an $8.14 billion increase in reserve bank credit, which reached approximately $6.6896 trillion. Securities held outright also climbed by $5.09 billion to $6.4536 trillion.
Inside the numbers
Breaking down the securities portfolio, US Treasuries accounted for $4.4879 trillion of the total, while mortgage-backed securities made up $1.9634 trillion. That ratio, roughly 69% Treasuries to 31% MBS, reflects the composition that has gradually shifted as the Fed allowed certain holdings to mature without replacement during its quantitative tightening phase.
Total assets stood at approximately $6.736 trillion as of June 17, 2026, meaning the week-over-week move brought the figure closer to $6.79 trillion. A $7.96 billion increase on a nearly $6.8 trillion base works out to roughly 0.12%.
The Fed’s balance sheet has hovered around $6.7 trillion through much of 2026. Compare that to the peak above $8.9 trillion in early 2022, and you can see the Fed has shed a significant chunk of its pandemic-era holdings, but the pace of reduction has clearly slowed.
What the steady state means for markets
During the aggressive tightening cycle of 2022-2023, the combination of rate hikes and balance sheet runoff created a headwind for everything from tech stocks to Bitcoin. With the balance sheet no longer shrinking meaningfully, one of the key drags on financial conditions has effectively been removed.
Implications for crypto investors
The release made no mention of cryptocurrencies, digital assets, or any blockchain-related holdings. The Fed’s balance sheet is composed of traditional instruments like Treasuries, agency MBS, and various lending facilities.
Weekly balance sheet data rarely moves markets on its own unless it reveals something unexpected, like a sudden spike in emergency lending facilities or a dramatic acceleration of asset sales. Neither happened here.