Crypto funds see $857.9M inflows led by Bitcoin, driven by rising market sentiment and CLARITY Act hopes

Crypto investment products attracted $857.9 million in inflows last week, marking the sixth consecutive week of positive fund flows. Bitcoin led demand with $706.1 million, pushing its year-to-date inflows to $4.9 billion, while Ethereum, Solana, and XRP also saw notable capital inflows. The easing of bearish bets on Bitcoin was reflected in the largest outflow from short-Bitcoin funds this year. The inflows are linked to stronger market sentiment after Bitcoin rose above $80,000 and optimism around the pending CLARITY Act, which aims to regulate stablecoins but still faces Senate hurdles. The U.S. led regional inflows, followed by Germany, Switzerland, and the Netherlands, with total assets under management reaching $160 billion.