The following are five news items from the cryptocurrency world worth noting in the past 24 hours:

1. The U.S. Bitcoin ETF saw an outflow of $1.2 billion in three days, reflecting a decline in market confidence in Bitcoin in the short term, possibly influenced by macroeconomic factors and instability in the crypto market.

2. Canadian crypto company Matador announced the establishment of a Bitcoin fund, using Bitcoin as a capital preservation strategy, demonstrating institutional confidence in Bitcoin as an asset.

3. OSL predicts that Hong Kong's spot cryptocurrency ETF will experience significant growth by 2025, as the regulatory environment becomes clearer, attracting more institutional investors.

4. Pengu's price surged amid increased activity on the Solana blockchain, reflecting rising demand for NFT projects and the vibrancy of the Solana ecosystem.

5. BounceBit's price rose by 16% due to a partnership with a well-known crypto project, showcasing the positive impact of partnerships on market trust and demand.