Crypto investment products are still attracting money, marking four straight weeks of inflows, but the pace has clearly cooled. Last week saw $230 million in inflows compared to over $1 billion the week before, showing that investor confidence is becoming more cautious.

The slowdown came after the Federal Reserve meeting, which markets interpreted as more hawkish than expected. This shows how strongly macro conditions now influence crypto, and when uncertainty rises, even strong inflow trends can quickly lose momentum.