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<ul> 
 <li>The recent unimpressive price action of Bitcoin is playing out in the minds of institutional investors, with recent data highlighting their bearish sentiment. This has led to a wave of massive outflows from Bitcoin investment products, which could negatively impact the flagship crypto.</li> 
 <li>Bitcoin investment funds recorded an outflow of $284 million last week, with most of these outflows coming from the US Spot Bitcoin ETFs.</li> 
 <li>Despite the outflows, Spot Bitcoin and Ethereum ETFs in Hong Kong recorded $307 million in inflows in the first week of trading.</li> 
</ul> 
<p><strong>Recent data shows a bearish sentiment among institutional investors towards Bitcoin, leading to massive outflows from Bitcoin investment products. This article delves into the details and potential impacts of this development.</strong></p>
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<h2 id="strong-bitcoin-investment-products-record-284-million-of-outflows-strong"><strong>Bitcoin Investment Products Record $284 Million Of Outflows</strong></h2> 
<p>CoinShares revealed in a blog post that Bitcoin investment funds recorded an outflow of $284 million last week. Most of these outflows are said to have come from the US Spot Bitcoin ETFs, which saw outflows of $156 million last week. CoinShares noted that last week was the first time these funds recorded such a measurable amount of outflows. These US Spot Bitcoin ETFs indeed had a week to forget last week, as even BlackRock’s iShares Bitcoin Trust (IBIT) recorded its first day of outflows since launch, with almost $37 million exiting the fund.</p> 
<h3 id="strong-institutional-investors-mixed-feelings-strong"><strong>Institutional Investors’ Mixed Feelings</strong></h3> 
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Bitcoin (BTC) Experiences Record $284 Million Outflows Amidst Crypto Market Volatility

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