POPA ReconTreasuries & ETFs Board. Crypto Accumulation and Capital Flows
Treasuries & ETFs Board. Crypto Accumulation and Capital Flows Weekly snapshot: • BTC ETFs: +$631.6M • ETH ETFs: +$70.3M ETF flows stayed constructive, continuing to channel institutional demand even as direct balance sheet expansion slowed. Latest treasury moves: • Strategy bought 535 BTC (~$43.0M) Corporate accumulation outside Strategy remains subdued, with last week marking a breather after aggressive Q1 and April buying. Structure remains unchanged: Strategy still dominates treasury activity, while ETFs provide a parallel route for capital deployment.
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