POPA ReconTreasuries & ETFs Board. Crypto Accumulation and Capital Flows
Treasuries & ETFs Board. Crypto Accumulation and Capital Flows Institutional activity stayed fairly quiet, with only a few notable corporate treasury moves, while ETF flows remained relatively light across both Bitcoin and Ethereum. Corporate Treasuries - BitMine acquired 10,399 ETH (~$19.2M), increasing its holdings to 5.8M ETH. - Strategy sold 1,638 BTC to boost its USD reserve to $4B and repurchase $81M of STRC, reducing its Bitcoin holdings to 842,138 BTC. Outside of these moves, public companies made no other major Bitcoin or Ethereum purchases during the week. ETF Flows Bitcoin E…
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