Crypto Treasury Inflows Fall to Their Weakest Point Since October 2024

According to DefiLlama data, digital asset treasury (DAT) companies saw a sharp drop in monthly inflows during May, with totals falling to roughly $180 million, the lowest since October 2024.

The decline represents a 95% decrease from April’s $4.4 billion and sits around 93% below the average monthly inflows seen between January and May.

This pullback follows two unusually strong months, with inflows reaching $4.2 billion in March and increasing to $4.4 billion in April, underscoring a rapid shift in momentum.

Looking at the breakdown for May, Bitcoin-focused treasury firms remained the dominant force, bringing in $177 million, about 98% of total inflows, though this also reflects a steep drop from April’s $3.8 billion.

Elsewhere, non-Bitcoin assets contributed only marginal activity, with small inflows from ZCash, Sui, and Story, while Litecoin recorded a modest $1.89 million outflow.

Source: DefiLlama