Bitcoin digital asset treasuries (DATs) have seen a significant drop in net daily inflows, with the seven-day moving average falling to 140 BTC, marking the lowest level since mid-June. This represents a stark decrease from the July peak of 8,249 BTC, indicating a waning institutional appetite for Bitcoin through traditional market vehicles.
The decline in institutional demand coincides with a cooling in Bitcoin's price, which has decreased to nearly $110,000 from a record high of over $126,000 on October 6. This shift follows a period of aggressive buying earlier in the year, suggesting a potential reassessment of investment strategies by institutional players.
Bitcoin Treasury Inflows Plummet to 140 BTC as Institutional Demand Declines
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