Digital asset investment products recorded inflows of $857.9 million, marking six consecutive weeks of positive flows and the strongest weekly figure since April 24.
CoinShares attributed the increase in part to improved sentiment surrounding the CLARITY Act. Senators Thom Tillis and Angela Alsobrooks published the final compromise text related to stablecoin yield on May 1 and maintained support for the measure despite pushback from the banking industry on May 4.
Global Crypto Investment Comeback
Bitcoin drew more than $706.1 million during the week, bringing its year-to-date inflows to $4.9 billion. Conversely, products tied to short-Bitcoin positions experienced $14.4 million in outflows, representing the largest weekly decline for that category so far this year. In its latest Digital Asset Fund Flows Weekly Report, CoinShares explained that this shift points to investors trimming hedge positions as market confidence grows.
Ethereum recorded $77.1 million of inflows after $81.6 million exited the prior week. Solana and XRP also posted robust inflows of $47.6 million and $39.6 million, respectively. Chainlink, Sui, and Litecoin saw more modest gains of $1.4 million, $1 million, and $0.1 million. Multi-asset products were the only major category to register net outflows, totaling $5.5 million.
Regionally, the United States accounted for the largest share with $776.6 million in inflows, rebounding sharply from $47.5 million the previous week. Germany recorded $50.6 million, slightly higher than before, while Switzerland reported $21.1 million and the Netherlands $5 million, reflecting expanded engagement across Europe alongside the strong US recovery.
High-Stakes Week Ahead
Analysts are turning their attention to key economic and geopolitical events scheduled for the coming days. QCP Capital said macroeconomic and geopolitical developments are likely to dominate market focus as US President Donald Trump and Chinese President Xi Jinping meet in Beijing to discuss trade, national security, rare earth supply chains, and the Middle East conflict.
Market participants will monitor any developments on tariffs, particularly in light of last week’s US trade court ruling against the 10% global tariffs proposed by the U.S. administration.
QCP also emphasized upcoming inflation data as a critical point of attention. Investors will be looking for signs that price pressures are stabilizing or abating; easing inflation could support lower real yields and improve the outlook for crypto assets, while persistent inflation might keep monetary policy tighter for longer.
Bitcoin has remained above $80,000, though it faces resistance near the $84,000 level. QCP noted that crypto market volatility remains close to yearly lows, suggesting a more subdued trading environment even as macro events threaten to introduce renewed movement.