Storing apps in cloud
How to remove downloaded apps to cloud
iPhone SE, iOS 15
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No, is not possible to remove downloaded apps to iCloud.
See -> Introduction to iCloud.
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iCloud is the service from Apple that securely stores your photos, files, notes, passwords, and other data in the cloud and keeps it up to date across all your devices, automatically. iCloud also makes it easy to share photos, files, notes, and more with friends and family. You can also back up your iPhone, iPad, or iPod touch using iCloud.
iCloud includes a free email account and 5 GB of free storage for your data. For more storage and additional features, you can subscribe to iCloud+.
See also ⤵️
What's the difference between device storage and iCloud storage?
What's the difference between device storage and iCloud storage? - Apple Support
What does iCloud back up? -> What does iCloud back up? - Apple Support
If you want to save downloaded apps you need a 3rd party app. such as iMazing.