Bitcoin investment products have seen a significant outflow of $630 million over the past week, with a total outflow of approximately $1.1 billion in the last 14 days, according to CoinShares. This decline is largely due to institutions and long-term investors reducing their exposure to Bitcoin ETFs, given the reduced likelihood of interest cuts by the US Federal Reserve in 2024. Weekly trading volumes have also decreased, reaching $13.6 billion, the lowest since the launch of US Bitcoin ETFs in January. This trend is attributed to the German government's selling of BTC and market anticipation of Bitcoin repayment from the Mt. Gox trustee.