Digital asset investment products experienced a significant $1.7 billion outflow last week, bringing the year-to-date net outflow to $10 billion, according to market data. The total assets under management have decreased by $73 billion since the October 2025 price peak. The outflows were predominantly from the United States, accounting for $1.65 billion, with notable withdrawals in Canada and Sweden as well. Bitcoin saw a substantial $1.32 billion outflow, while other major cryptocurrencies like Ethereum, XRP, and Solana also faced investor withdrawals. Analysts attribute the market sentiment shift to the Federal Reserve's appointment of a more hawkish chair, "whale selling" during the four-year cycle, and increased geopolitical volatility. However, products shorting Bitcoin and the Hype investment product bucked the trend, recording inflows of $14.5 million and $15.5 million, respectively, with the latter benefiting from increased on-chain sales of tokenized precious metals.