The digital asset market has experienced a significant decline in investment, with outflows totaling $600 million. This substantial decrease is attributed to the Federal Reserve's FOMC meeting, which took a more aggressive stance than expected. Bitcoin bore the brunt of the impact, with a massive outflow of $621 million. However, products that short Bitcoin saw a modest inflow of $1.8 million.

Despite the significant selling pressure on Bitcoin, other digital assets like Ethereum, LIDO, and XRP experienced minimal inflows, totaling $13 million, $2 million, and $1 million, respectively. The total trading volume for digital assets was $110 billion, lower than the weekly average of $220 billion this year but significantly higher than last year's $20 billion.

The United States led the outflow of funds, totaling $565 million, followed by Canada, Switzerland, and Sweden. However, Germany defied this trend, attracting an inflow of $17 million. This significant decline in investment indicates a shift in market sentiment, with investors becoming increasingly cautious.

The outflow of funds from digital assets is a notable reversal from the previous trend of increasing investment. The Federal Reserve's hawkish stance has led to a decline in investor confidence, resulting in a significant decrease in investment in digital assets. This shift in market sentiment may continue until there is greater clarity on the Federal Reserve's future actions.

The decline in digital asset investment highlights the interconnectedness of the financial markets and the impact of central banks' actions on investor confidence. As the market continues to evolve, investors will be closely watching for signs of stability and growth in the digital asset market.