Bitcoin ETFs and Institutions Are Buying, So Why Is Spot Demand Still Weak? (CryptoQuant)

Under the current crypto market conditions, Bitcoin exchange-traded funds (ETFs) and some institutions are still in accumulation mode. However, spot demand remains weak. Market research platform CryptoQuant explained why this contraction has persisted in its latest weekly report. According to the firm’s findings, spot demand has remained in deep contraction because broader market selling pressure outweighs institutio…