Bitcoin News Today: Bitcoin Treasuries Add 630 BTC as ETFs Lose $323.5 Million in Outflows

Bitcoin corporate treasuries added 630 BTC in early August, marking continued inflows that have persisted for over a month, according to recent reports [1]. This trend highlights growing institutional confidence in Bitcoin as a strategic asset, with several companies bolstering their holdings amid a turbulent market environment. The accumulation is particularly notable as it counters the ongoing selloff seen in Bitcoin exchange-traded funds (ETFs), which have lost around $300 million in outflows during the same period [2].

The price of Bitcoin has remained in a tight trading range, fluctuating within a relatively narrow corridor as market participants remain cautious. While the inflows into corporate treasuries suggest long-term bullish positioning, the ETF outflows reflect a short-term profit-taking mood and uncertainty over macroeconomic risks. The divergence between these two segments of the market indicates a split in investor sentiment—while institutional investors are buying for the long term, retail and speculative traders are taking a more defensive stance.

Data from Capriole Investments confirms that corporate buyers are ignoring the BTC price dip, adding over 630 BTC ($72 million) on Monday [1]. This marks a new August high and reflects a divergence in sentiment between treasuries and other large-scale investors. On the same day, U.S. spot Bitcoin ETFs saw a net outflow of $323.5 million, with BlackRock’s iShares Bitcoin Trust (IBIT) shedding $292.2 million—its largest daily outflow of 2025 [2].

Capriole reveals that corporate treasury interest remained strong throughout July, with the biggest day—July 21—seeing buys of over 26,700 BTC ($3 billion) [1]. Charles Edwards, founder of Capriole, noted that large outflows from treasuries historically signal the proximity of local BTC price bottoms, serving as a potential buy signal. For example, on March 31, when treasuries sold over 1,700 BTC ($194 million), BTC/USD fell to lows of $74,500 about one week later [1].

Despite the ETF outflows, Bitcoin’s fundamentals remain strong. Mining profitability has hit multi-year highs, and network activity remains robust, indicating sustained demand from both institutional and retail participants. Additionally, the approval of in-kind redemptions for Bitcoin and Ethereum ETFs by the SEC has provided a structural boost to the market, encouraging further institutional participation [5]. The fact that Bitcoin corporate treasuries continue to add BTC while ETFs face outflows suggests that the market is in a transitional phase—where long-term holders are accumulating and short-term traders are recalibrating their risk exposure.

As Bitcoin remains range-bound, the focus is likely to shift to upcoming macroeconomic data and policy developments. Investors will be closely watching central bank decisions and geopolitical developments, as these could trigger larger price swings and influence investor behavior across both ETFs and institutional treasuries. For now, the market is balancing caution with confidence, with corporate treasuries leading the way in a market that continues to evolve.

Source:

[1] Cointelegraph – https://cointelegraph.com/news/bitcoin-treasuries-add-630-btc-etfs-shed-300m-as-price-whipsaws

[2] CoinDesk – https://www.coindesk.com/

[5] CoinDesk – https://www.coindesk.com/sec-approves-in-kind-redemptions-for-all-spot-bitcoin-and-ethereum-etfs