Investment products for digital assets experienced an outflow of funds totaling $600 million, the largest since March 22, 2024. This occurred under similar circumstances: a period of significant inflows followed by a more hawkish than expected FOMC meeting, prompting investors to reduce their holdings in fixed-supply assets. The outflow of funds and the recent price sell-off led to the total assets under management (AuM) dropping from over $100 billion to $94 billion in a week.