Crypto Funds Add $858M as Clarity Act Drives Market Optimism
The post Crypto Funds Add $858M as Clarity Act Drives Market Optimism appeared on BitcoinEthereumNews.com. In brief Digital asset investment products attracted $857.9 million last week, the largest single-week total since April 24, according to CoinShares. Bitcoin led with $706.1 million, bringing its year-to-date total to $4.9 billion, while short-Bitcoin products posted their steepest weekly outflows this year at $14.4 million. Ethereum reversed $81.6 million in prior-week outflows to post $77.1 million in fresh inflows; Solana and XRP added $47.6 million and $39.6 million, respectively. Digital asset investment products just pulled in nearly $860 million in a single week, extending a six-week streak of inflows as momentum builds around the U.S. Digital Asset Market Clarity Act. Inflows hit $857.9 million last week, the largest since late April, pushing total assets under management to $160 billion, according to CoinShares’ Monday report. Bitcoin led inflows with $706.1 million, brin