Digital asset exchange-traded products and funds experienced a $600 million outflow last week, the largest since March 2024, primarily from Bitcoin investment vehicles. This is likely due to a hawkish outlook from the Federal Reserve, maintaining high interest rates. Despite this, altcoins performed well, with inflows into Ether, LIDO, and XRP investment products. However, these inflows didn't offset the outflows, leading to a decline in total digital assets under management from $100 billion to $94 billion. Experts believe institutional adoption of digital assets is still in its early stages, with a second wave of investment expected.