Crypto Treasury Inflows Drop 95% From April as DAT Demand Cools

Monthly inflows into digital asset treasury (DAT) companies fell to $180 million in May, the lowest level since October 2024, according to DefiLlama data. 

The May total was down 95% from April's $4.4 billion and about 93% below the monthly average for January through May. The drop followed two strong months for DAT inflows, with data showing $4.2 billion in March and $4.4 billion in…