Crypto funds log $858M in sixth straight week of inflows: CoinShares
Crypto ETPs drew $858 million in inflows last week, led by Bitcoin with $706 million, as sentiment improved and short-BTC funds saw $14 million of outflows.
Cryptocurrency investment products recorded a sixth straight week of inflows in their longest streak since April to July 2025, totaling $4.9 billion, as improving sentiment around US crypto legislation helped push Bitcoin above $80,000 and lift assets under management to their highest level since February.
Crypto exchange-traded products (ETPs) posted around $858 million in inflows last week, sharply up from $118 million in inflows the previous week, CoinShares reported Monday.
The gains were likely supported by developments around the US CLARITY Act, said CoinShares head of research James Butterfill, referring to a final compromise proposal regarding stablecoin yields released on May 1.