Bitcoin Funds See Largest Weekly Outflow Since June, Solana Leads Tokenized Treasury Growth

US-listed spot Bitcoin funds experienced a significant reversal in their weekly net inflows last week, recording $389.7 million outflows after attracting $853.5 million in the previous week. This marks the largest weekly withdrawal since late June.

Solana led the tokenized US Treasury growth, adding $378 million in 30-day net inflows. The network surpassed Ethereum and BNB Chain in monthly growth, with a significant increase in new value added to Solana-based Treasury products.

Despite the strong start to August, Bitcoin's price remained largely stagnant, trading within a tight 2% range around $63,500 last week.