According to Glassnode's market update, Bitcoin recently dropped from around $74,000 to below $60,000, not only weighed down by continued outflows from spot ETFs but also by a noticeable cooling in corporate digital asset treasury (DAT) buying. Analysts noted that while related companies are still net buyers overall, the average daily purchase volume has dropped from exceeding $500 million multiple times this spring to extremely low levels this month, weakening marginal market demand. Reports indicate that U.S. spot Bitcoin ETFs have seen cumulative net outflows of over $5.72 billion since mid-May, with 11 funds recording a single-day net outflow of $213.85 million on Wednesday. (CoinDesk) https://(wublock123.com)/news/bitcoin-buy-side-stalls-etf-outflows-corporate-treasuries-stop-62598