DATs down 90% as Bitcoin fell 10% – Is the institutional party over?
The enthusiasm surrounding Digital Asset Treasuries (DATs) appears to be waning significantly, as evidenced by a precipitous decline in weekly inflows, which have fallen by an astonishing 95% since reaching a peak in July 2025. During that month, DATs saw inflows of $5.57 billion, which plummeted to a mere $259 million by November of the same year. This suggests a massive drop in institutional interest and could be a sign that the trend for investing in DATs might be coming to an end or entering a reset phase.