With Bitcoin breaking $80,000 and assets under management reaching their highest level since February, cryptocurrency investment products recorded a sixth consecutive week of inflows, the longest streak since April to July 2025, totaling $4.9 billion. Optimism surrounding US crypto legislation also played a role.
On Monday, CoinShares said that crypto exchange-traded products (ETPs) had inflows of over $858 million, a significant increase from $118 million the week before. James Butterfill, director of research at CoinShares, said that the increases were due to events around the US CLARITY Act, a final compromise plan for stablecoin yields that was issued on May 1.
Growing Optimism Among Investors
Assets under management in crypto ETPs surpassed $160 billion, the highest level since February, as Bitcoin went over $80,000 last week, contributing to the bullish trend. With $706 million in inflows last week, Bitcoin (BTC) investment products have now received $4.9 billion for the year.
Consistent with the upbeat sentiment, short-Bitcoin exchange-traded funds (ETPs) saw their biggest weekly outflow of the year, totaling $14 million. This indicates that investors are reducing their wagers against BTC as optimism for the rise increases.
After losing $81 million last week, $77 million poured back into Ether (ETH) exchange-traded funds. Gains of over $48 million and $40 million, respectively, were reported by Solana (SOL) and XRP (XRP). Even though Bitcoin saw heavy selling later in the week, with a temporary plunge below $80,000 on Thursday, inflows nevertheless occurred last week.
Based on data from SoSoValue, US-listed spot Bitcoin exchange-traded funds lost $423 million over the last two days, bringing the net weekly inflow down to about $623 million.
On Monday, the biggest single-day profit-taking since December 10th, when Bitcoin was trading over $90,000, occurred, according to the onchain analytics platform CryptoQuant, with realized gains reaching 14,600 BTC, or $1.1 billion. As Bitcoin (BTC) reaches three-month highs, profit-taking might be accelerated, according to CryptoQuant’s Julio Moreno.