It's not just bitcoin ETFs. Corporate BTC buying has dried up too

Corporate Bitcoin (BTC) buying has significantly decreased, mirroring the trend of outflows from Bitcoin Exchange-Traded Funds (ETFs). This reduction in demand from both institutional and corporate sectors is contributing to a broader weakness in the Bitcoin market. While ETF outflows have been a prominent topic of discussion, the silence from corporate treasuries, which were previously active buyers, marks a notable shift. This slowdown in corporate acquisition suggests a more cautious approach to holding Bitcoin as a treasury asset, potentially due to market volatility or evolving corporate treasury strategies. The combined effect of reduced ETF inflows and diminished corporate purchasing is creating a noticeable demand-side pressure on Bitcoin's price.