Digital asset investment products saw their largest single-week inflows since late April, attracting $857.9 million according to CoinShares data. Bitcoin led with $706.1 million, while Ethereum, Solana, and XRP also saw significant inflows. The surge coincides with advancing U.S. crypto legislation, though analysts caution the inflows may represent tactical positioning amid macroeconomic uncertainty.
Digital asset investment products attracted $857.9 million last week, marking the largest single-week total since late April. This extended a six-week inflow streak, pushing total assets under management to $160 billion according to a weekly report.
Bitcoin dominated with $706.1 million in inflows, bringing its year-to-date total to $4.9 billion. Meanwhile, short-Bitcoin products recorded $14.4 million in outflows, their steepest weekly outflows this year.
Major altcoins also gained traction, with Ethereum reversing prior outflows to attract $77.1 million. Solana and XRP added $47.6 million and $39.6 million, respectively.
The inflows occurred as Bitcoin briefly climbed above $80,000, supported by sentiment around the U.S. Digital Asset Market CLARITY Act. The legislation moves to a key Senate markup this Thursday with a planned June floor vote.
Nic Puckrin, co-founder of Coin Bureau, stated, “The Clarity Act has been the major driver for the inflows — it’s something both the crypto industry and institutions have been waiting for since last year.” He added it is a catalyst that would remove a major regulatory obstacle.
However, analyst Dean Chen from crypto exchange Bitunix described the trend as “capital rotation and dip-buying activity rather than the beginning of a fully confirmed long-term bull cycle.” He noted Bitcoin retraced nearly 50% from its October 2025 all-time high.
A coalition of major banking trade groups wrote to the Senate Banking Committee on Friday, warning of potential loopholes in the bill’s proposed compromise language. Senator Thom Tillis responded that he and Senator Angela Alsobrooks “respectfully agree to disagree,” signaling the committee intends to proceed.
Analysts flagged macroeconomic risks, including this week’s U.S. inflation data, as key short-term catalysts. Chen warned that a hotter-than-expected reading could make recent inflows “more tactical and short-term in nature.”
