Institutional inflows into Digital Asset Treasuries (DATs) have plunged by over 95% in the last four months, highlighting significant market struggles. According to BeInCrypto, inflows peaked at $5.57 billion in July 2025 but have since dropped to $259 million by November 2025. This decline is attributed to a tariff-induced market crash and underperformance in major cryptocurrencies like Bitcoin and Ethereum. The downturn has severely impacted DAT stocks, which have experienced losses between 40% and 90% over the past three months, significantly exceeding Bitcoin's 10% decline. Analysts caution that if DATs are compelled to liquidate assets, it could exacerbate market pressures further.