According to CoinShares, digital asset investment products experienced their first outflow in five weeks last week, totaling $414 million. This shift occurred as market expectations for the Federal Reserve's June interest rate meeting changed from a rate cut to a hike. The total assets under management (AuM) fell to $129 billion, reverting to levels seen in early February, roughly equivalent to the early stages of the Trump tariff policy in April 2025. Ethereum was particularly affected by negative sentiment, likely related to news about the Clarity Act, resulting in an outflow of $222 million, bringing its year-to-date net outflow to $273 million, the most severe among all digital assets. Bitcoin also faced a total outflow of $194 million, but it has maintained a net inflow of $964 million year-to-date, while investment products that short Bitcoin saw an inflow of $4 million. Solana was also impacted, experiencing an outflow of $12.3 million. In contrast, XRP was one of the few assets to see inflows, totaling $15.8 million.