Global crypto funds have recorded $857.9 million in inflows over the past week, marking the sixth consecutive week of positive momentum. This surge, driven by Bitcoin's strong performance, saw the flagship cryptocurrency attract $706.1 million, bringing year-to-date inflows to $4.9 billion. In contrast, short Bitcoin products experienced $14.4 million in outflows, indicating a shift in trader sentiment. Altcoin funds also saw gains, with Ethereum products recovering to $77.1 million in inflows, while Solana and XRP funds attracted $47.6 million and $39.6 million, respectively. However, multi-asset products faced $5.5 million in outflows. The U.S. dominated regional inflows, contributing $776.6 million, as sentiment improved around the CLARITY Act's progress in the Senate Banking Committee. The CLARITY Act, which has been stalled for months, is gaining traction as lawmakers prepare for a markup session. The act's progress, alongside strong ETF performances, has bolstered market confidence, with Bitcoin ETFs alone recording $1.97 billion in April.