CryptoQuant Analyst: Institutional Bitcoin Demand at Low Levels, Spot ETFs See $2.1 Billion Net Outflow in 30 Days
2026-07-23 02:13
Odaily News, CryptoQuant analyst Darkfost stated that institutional demand for Bitcoin is currently at a low level, with spot Bitcoin ETFs experiencing a net outflow of $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 dropped from approximately $6.6 billion when Bitcoin was around $115,000 in August 2025, to nearly zero at present, with Bitcoin at around $65,000. Darkfost pointed out that this trend reflects market pessimism, but the lowest point of institutional demand often presents the best opportunity for positioning.
