#BTCReserveStrategy

During the week of July 26 to August 1, cryptocurrency funds experienced a net outflow of $223 million, marking the first such outflow in 15 weeks, according to CoinShares.

The week started with an inflow of $883 million, but this trend reversed by the end of the period. Analysts attributed the outflows to the US Federal Reserve's meeting, where it kept the key interest rate unchanged at 4.25-4.5%. They also suggested that some investors were likely taking profits after the recent capital inflows.

Bitcoin products saw the largest withdrawals, with $404 million in outflows. Despite this, they have maintained a net inflow of $20 billion since the start of the year. Experts explained this dynamic by highlighting Bitcoin's high sensitivity to monetary policy.

In contrast to the overall trend, Ethereum funds recorded their 15th consecutive week of inflows, attracting $134 million. Investors also put money into products based on XRP ($31.3 million), Solana ($8.8 million), and SEI ($5.8 million).

The bitcoin ETF from BlackRock was a major contributor to the weekly inflows, bringing in $749 million. This instrument has attracted $26.6 billion from investors so far this year.

Regionally, Hong Kong led with the largest capital inflow at $170.4 million. Switzerland ($52.4 million), Canada ($12.4 million), and Australia ($7.6 million) also saw inflows. In contrast, the US, Germany, Sweden, and Brazil all experienced outflows, amounting to $383 million, $35.5 million, $33.3 million, and $12.8 million, respectively.