Weekly snapshot (June 15-22):

The week was marked by small-to-moderate net outflows, continuing the recent trend of volatility and periodic capital withdrawals. 

Bitcoin ETFs recorded $227M in net outflows, while Ethereum ETFs saw only $10M in outflows. 

Despite this, strong on-balance-sheet demand remains driven by Strategy’s aggressive accumulation strategy and Strive’s innovative SATA mechanism for Bitcoin, while BitMine Immersion Technologies continues to strengthen demand for Ethereum. 

Recent treasury activity:

- Strategy buys 520 BTC ($34.9M), total now 847,363 BTC ($54.7B).