Global crypto funds log $858M inflows in sixth straight positive week as Clarity Act progress lifts sentiment: CoinShares
The Block
Global crypto investment funds recorded $858 million in inflows last week, marking six consecutive weeks of growth amid optimism over the Clarity Act.Summary
According to CoinShares, global crypto investment products attracted $857.9 million in net inflows last week, the highest total since late April. This trend marks the sixth consecutive week of positive flows, driven primarily by improved market sentiment surrounding the progress of the Clarity Act and recent stablecoin yield compromises. Bitcoin led the surge with $706.1 million in inflows, while Ethereum and other assets also saw gains. U.S.-based funds captured the vast majority of this activity, despite Grayscale experiencing continued outflows.
(Source：The Block)