Key Takeaways
- Crypto funds saw $857.9M in weekly inflows, with bitcoin leading at $706.1M, per Coinshares.
- Senate Banking Committee CLARITY Act markup is set for May 14; a floor vote is targeted for June or July.
- CLARITY Act delays earlier caused a $952M single-week outflow; last week’s reversal shows restored confidence.
CLARITY Act Momentum Flips the Script
Coinshares, the digital asset investment firm that tracks weekly fund flow data globally, reported that crypto investment products attracted $857.9 million in net inflows for the week, pushing total assets under management (AuM) across all digital asset funds to $160 billion. Bitcoin-focused products dominated the haul with $706.1 million in inflows, while ethereum and other digital…
