Digital asset investment products experienced significant inflows of $857.9 million last week, according to CoinShares. This surge in investment has pushed the total assets under management (AuM) to $160 billion. Bitcoin was the primary beneficiary, receiving $706.1 million in inflows.
Ethereum, Solana, and XRP also saw positive inflows, attracting $77.1 million, $47.6 million, and $39.6 million respectively. In contrast, short-Bitcoin products faced $14.4 million in outflows, marking the largest outflow for such products this year. The inflows are attributed to improved market sentiment following the introduction of the CLARITY Act.
Crypto Funds Attract $857.9M Weekly Inflows Amid CLARITY Act Boost
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