Flows just hit the brakes.
On April 27, BTC ETFs posted $263.18M in net outflows, ending a 9-day inflow streak, with zero net inflows across all 12 ETFs. ETH ETFs also saw $50.48M in net outflows, while $SOL and $XRP ETFs were both flat.
This does not look like full capitulation. It looks more like BTC and ETH pulling back while altcoin flows pause, and the market slips back into wait-and-see mode.
#BTC #ETH #SOL #XRP #ETF #Crypto
Public companies bought $1.28B worth of BTC last week, up 513% WoW.
Strategy @Strategy led the way, investing $1.28B to acquire 17,994 BTC at an average price of $70,946, bringing total holdings to 738,731 BTC. Its weekly purchase amount jumped 527% from the prior week.
Meanwhile:
- Metaplanet @Metaplanet has now gone 8 straight weeks without buying
- DayDayCook added 65 BTC
- Capital B added 2 BTC
Global public companies excluding miners now hold 999,210 BTC, equal to 5.0% of Bitcoinโs circulating market cap.
Source: SoSoValue Bitcoin Treasuries
https://t.co/fjZfCFkSRw
#Bitcoin #BTC #Strategy #Metaplanet #SoSoValue #Crypto
After 5 consecutive weeks of outflows, BTC ETFs have now flipped to 2 straight weeks of net inflows โ with +$683M this week and over $1.1B in the past 3 days alone.
BTC is up 20% from its $60K cycle low (Feb 6), now trading at $72,189.
All 4 crypto spot ETFs are in the green this week:
๐ข $BTC +$683M
๐ข $SOL +$37.5M
๐ข $ETH +$27.9M
๐ข $XRP +$18.7M
Two weeks of inflows after five weeks of bleeding โ trend reversal or relief rally?
Track BTC ETF flows ๐ https://t.co/2Mljz9DBj1
#ETF #Crypto $BTC $ETH $SOL $XRP
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