Bitcoin Treasuries Increase Despite ETF Sell-Off

According to Cointelegraph, Bitcoin corporate treasuries have added 630 BTC at the start of the week, continuing a trend of inflows that has persisted throughout the month. This move stands in contrast to the ongoing sell-off among Bitcoin exchange-traded funds (ETFs), which saw nearly $300 million in outflows on Monday. Despite the market's nervousness, not everyone is bearish about the current levels, with some seeing it as an opportunity to buy the dip. Data from Capriole Investments, a quantitative digital asset fund, confirms that corporate buyers are disregarding the BTC price dip. On Monday, corporate Bitcoin treasuries added approximately 630 BTC, valued at $72 million, marking a new high for August. This reflects a divergence in sentiment between treasuries and other large-scale investors. On the same day, U.S. spot Bitcoin ETFs experienced a net outflow of $323.5 million, with BlackRock’s iShares Bitcoin Trust (IBIT) shedding $292.2 million in one of its largest daily outflows of 2025. Capriole's data indicates that corporate treasury interest remained strong throughout July, with the biggest day on July 21 witnessing purchases of over 26,700 BTC, worth $3 billion. Charles Edwards, founder of Capriole, commented on the data, noting that significant treasury outflows often coincide with local BTC price bottoms, suggesting a buy signal. The last occurrence of such outflows was on March 31, when treasuries sold over 1,700 BTC, valued at $194 million, leading BTC/USD to fall to lows of $74,500 about a week later. As Cointelegraph reported, expectations were high for Monday’s ETF results, with trading firm QCP Capital suggesting they would influence short-term market sentiment. They noted that if inflows resume and volatility metrics begin to compress, it could support a buy-the-dip narrative. Bloomberg ETF analyst Eric Balchunas also sees current conditions as a potential opportunity, despite the prevailing market pessimism. He remarked that traders might buy the dip, as it has historically proven effective over decades, even if the returns are not as substantial as those seen in 2021 and the '90s. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.