CryptoQuant Analyst: Institutional Bitcoin Demand at Low Levels, Spot ETF Net Outflows Reach $2.1 Billion in 30 Days

Odaily Odaily reports that CryptoQuant analyst Darkfost stated that institutional demand for Bitcoin is at a low level, with spot Bitcoin ETF net outflows reaching $2.1 billion over the past 30 days; Strategy's demand for Bitcoin has been near zero for several consecutive weeks; overall demand from Bitcoin reserve companies has fallen from approximately $6.6 billion in August 2025 when Bitcoin was around $115,000, to near zero currently, with Bitcoin at approximately $65,000. Darkfost pointed out that this trend reflects market pessimism, but the period when institutional demand is at its lowest is often the best time for positioning.