Digital asset investment products saw their largest weekly inflow since late April, attracting $857.9 million and marking six consecutive weeks of positive flows. Bitcoin led with $706.1 million, while Ethereum, Solana, and XRP also posted significant gains. Analysts linked the surge to improving regulatory sentiment around the CLARITY Act. Market attention now shifts to high-stakes geopolitical talks and upcoming inflation data, with Bitcoin holding above $80,000.
Digital asset investment products posted inflows of $857.9 million, extending a six-week streak of positive flows. This was the highest weekly figure recorded since April 24.
CoinShares stated the increase is likely tied to improving sentiment around the CLARITY Act. Senators released the final compromise text related to stablecoin yield on May 1 and continued their support despite banking industry pushback.
Bitcoin attracted over $706.1 million during the week, pushing its year-to-date total to $4.9 billion. Products tied to short-bitcoin positions saw $14.4 million in exits, marking the category’s biggest weekly decline this year.
In its Digital Asset Fund Flows Weekly Report, CoinShares explained that the shift indicates investors are reducing hedge positions amid strengthening market confidence. Ethereum added $77.1 million after seeing outflows the previous week.
Solana and XRP also posted strong activity with $47.6 million and $39.6 million, respectively. Chainlink, Sui, and Litecoin saw smaller gains, while multi-asset products were the only major category to post losses.
The United States accounted for the largest regional total at $776.6 million after rebounding sharply. Germany, Switzerland, and the Netherlands also recorded inflows, demonstrating broader European activity.
Analysts are now focusing on important economic and geopolitical developments lined up for the week. QCP Capital said macroeconomic and geopolitical developments are expected to dominate market attention as US and Chinese leaders prepare to meet.
The firm noted that markets will closely watch for any progress on tariffs following a recent US trade court ruling. QCP also highlighted upcoming inflation data as another major focus for investors monitoring price pressures.
Bitcoin has remained above $80,000 amid these developments. QCP added that crypto volatility remains near yearly lows, as BTC faces resistance around the $84,000 level.
