CoinShares Report: Crypto Funds Added $857M For Sixth Straight Inflow Week

Bitcoin(BTC) led a $857.9 million weekly inflow into digital asset funds, the sixth straight positive week, as Senate progress on the CLARITY Act lifted investor sentiment.

CLARITY Act Drives Inflows

Digital asset investment products attracted $857.9 million last week, the largest weekly total since Apr. 24, according to CoinShares researcher James Butterfill.

Total assets under management climbed to $160 billion. Bitcoin pushed above $80,000 mid-week, its highest level since the February correction.

Butterfill tied the move to growing confidence in the CLARITY Act. Senators Tillis and Alsobrooks released the final compromise text on stablecoin yield May 1, then held firm against banking-industry pushback three days later. The Senate Banking Committee markup is expected this week.

The United States drove most of the activity with $776.6 million in inflows, a sharp recovery from $47.5 million the prior week. Germany added $50.6 million, Switzerland $21.1 million and the Netherlands $5 million, pointing to a broader European bid.

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Butterfill Flags Altcoin Breadth

Bitcoin captured $706.1 million of the weekly total, lifting year-to-date inflows to $4.9 billion. Short-bitcoin products saw $14.4 million of outflows, the largest weekly drawdown this year.

That shift suggests traders are unwinding hedges as conviction in the rally builds, Butterfill wrote.

Altcoin participation widened materially. Ethereum(ETH) drew $77.1 million, reversing $81.6 million of outflows the previous week. Solana(SOL) recorded $47.6 million and XRP(XRP) pulled in $39.6 million, both notable accelerations on recent activity. Multi-asset products posted $5.5 million of outflows, the only material outlier.

The streak of positive flows tracks Bitcoin's recovery from the February sell-off, when prices fell below $80,000 and weekly fund flows turned negative across several regions before sentiment began to firm in April.

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