Crypto investment products encountered 415 million USD in net outflows, ending a five-week inflow period. Primary contributors included hawkish signals from Fed Chair Jerome Powell and higher-than-expected inflation data in the U.S. U.S.-based funds were primarily affected, losing a total of 464 million USD.

While Bitcoin products faced losses of 430 million USD, Solana recorded inflows of 8.9 million USD. Meanwhile, Ethereum saw net outflows of 7 million USD, diverging from its previous positive trends. Experts indicate that both Bitcoin and Ethereum remain impacted by broader economic conditions and interest rate changes.