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news-imageFebruary 24, 2025

Bitcoin hit by heavy $571 million outflows as XRP sees renewed investor interest with $38 million

Global crypto investment products experienced a second straight week of capital outflows, with investors pulling $508 million amid growing economic concerns, according to CoinShares' latest weekly report. Over the past two weeks, total outflows have reached $924 million.
Publisher: CryptoSlate
Sentiment: Negative
BTC
XRP

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cover-imageThe Currency Analytics
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cover-imageCrypto Economy
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Digital Asset Funds Experience $508M Outflow, With Bitcoin Hit the Hardest

TL;DR The outflow from digital asset investment products reached $508 million last week, totaling $924 million over the last two weeks. Bitcoin was the hardest hit asset, with $571 million in outflows, while some investors took short positions. While the U.S. market saw a significant outflow, Europe, especially Germany and Switzerland, experienced significant inflows.

Positive
cover-imageThe Currency Analytics
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cover-imageBenzinga
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Strategy Acquires 20,356 Bitcoin For $1.99 Billion, Boosts 2025 BTC Yield To 6.9%

Strategy Incorporated (NASDAQ:MSTR) announced it acquired 20,356 Bitcoin for approximately $1.99 billion at an average price of $97,514 per Bitcoin (CRYPTO: BTC) between Feb. 18 and Feb. 23, achieving a year-to-date BTC Yield of 6.9%. What Happened: As of Feb. 23, the company holds 499,096 Bitcoin, purchased for an aggregate $33.1 billion at an average price of $66,357 per Bitcoin, according to a Securities and Exchange Commission filing.

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