My previous answer was true at the time, but in the last few years, Microsoft has published guidance on how to copy documents from a SharePoint library. You can copy file from SharePoint Online by using Web activity to authenticate and grab access token from SPO, then passing to subsequent Copy activity to copy data with HTTP connector as source.
I ran into some issues with large files and Logic Apps. It turned out there were some extremely large files to be copied from that SharePoint library. SharePoint has a default limit of 100 MB buffer size, and the Get File Content action doesn’t natively support chunking.
I successfully pulled the files with the web activity and copy activity. But I found the SharePoint permissions configuration to be a bit tricky. I blogged my process here. You can use a binary dataset if you just want to copy the full file rather than read the data.
If my file is located at https://mytenant.sharepoint.com/sites/site1/libraryname/folder1/folder2/folder3/myfile.CSV, the URL I need to retrieve the file is https://mytenant.sharepoint.com/sites/site1/libraryname/folder1/folder2/folder3/myfile.CSV')/$value.
Be careful about when you get your auth token. Your auth token is valid for 1 hour. If you copy a bunch of files sequentially, and it takes longer than that, you might get a timeout error.