Crypto Inflows Hit $858M as CLARITY Lifts Sentiment
Cointelegraph
Cryptocurrency ETPs saw $858 million in inflows last week, driven by optimism over the US CLARITY Act and Bitcoin’s price surge.Summary
Cryptocurrency investment products recorded their sixth consecutive week of inflows, totaling $858 million, according to CoinShares. This momentum, supported by developments surrounding the US CLARITY Act, pushed Bitcoin above $80,000 and total assets under management past $160 billion. While Bitcoin led the inflows with $706 million, other assets like Ether, Solana, and XRP also saw gains. Despite the overall positive trend, late-week profit-taking triggered by price volatility led to some outflows, marking the largest single-day realization of profits since December.
(Source：Cointelegraph)