Digital asset investment products recorded $857.9 million in inflows last week, marking the sixth straight week of gains, according to CoinShares. The weekly total was the strongest since April 24, as market sentiment improved around the US Digital Asset Market Clarity Act.
Bitcoin led the demand, while Ethereum, Solana, and XRP also attracted fresh capital. However, analysts raised doubts about whether the move marks the start of a long-term crypto market recovery or only short-term buying after recent price weakness.
Bitcoin investment products drew $706.1 million in inflows last week, making up the largest share of the total. CoinShares data showed that Bitcoin’s year-to-date inflows rose to $4.9 billion after the weekly gain.
The move came as Bitcoin climbed above $80,000 during the week. The asset also moved above $82,000 over the weekend before pulling back toward the $81,000 range, based on market data cited in the reports.
Short-Bitcoin products moved in the opposite direction. They posted $14.4 million in outflows, the largest weekly redemption from that category this year.
The outflow showed that some investors reduced bearish positions as Bitcoin regained support. It also came as total assets under management across digital asset products rose to $160 billion.
Ethereum investment products recorded $77.1 million in inflows last week. The move reversed the prior week’s $81.6 million in outflows and showed renewed demand for ETH-linked crypto funds.
Solana products also attracted capital, with $47.6 million in weekly inflows. XRP products followed with $39.6 million, showing that demand moved beyond Bitcoin and Ethereum.
However, multi-asset crypto products were the main weak area. They recorded $5.5 million in outflows, according to the CoinShares weekly fund flows report.
Regionally, US-based crypto investment products led the market with $776.6 million in inflows. Germany added $50.6 million, while Switzerland recorded $21.1 million. The Netherlands added $5 million.
Among asset managers, BlackRock iShares ETFs led with $733 million in inflows. ARK 21Shares followed with $52 million, while Bitwise added $41 million. Meanwhile, Grayscale recorded $63 million in outflows.
CoinShares linked last week’s crypto fund inflows to stronger sentiment around the CLARITY Act. The bill has drawn attention because it seeks to create clearer rules for digital assets and stablecoins in the United States.
The Senate Banking Committee is expected to review the legislation this week. Reports also said the White House has targeted July 4 for passage.
Nic Puckrin, co-founder of Coin Bureau, said the bill has helped support recent inflows. However, he added doubt around the scale of its role, saying the Act is ‘a catalyst rather than the sole reason.’
He also said institutional interest had been ‘building in the background this whole time.’ His comments pointed to broader demand from large investors, even as regulation remains a major driver of market attention.
Banking groups have raised concerns over the stablecoin yield language in the bill. They warned that some reward structures could work like interest payments and draw money away from bank deposits.
Dean Chen, an analyst at Bitunix, questioned whether last week’s inflows confirm a lasting market turn. He described the trend as ‘capital rotation and dip-buying activity rather than the beginning of a fully confirmed long-term bull cycle.’
Chen said Bitcoin’s sharp drop from its October 2025 high near $126,200 made the recent inflows look more like value-seeking demand. He said money may be moving from overheated traditional risk assets into crypto assets that had already been corrected.
Macro risks also remain in focus. Chen said this week’s CPI data could shape the next market move. A hotter inflation reading could reduce expectations for Federal Reserve rate cuts.
It could also lift Treasury yields, support the dollar, and pressure risk assets, including crypto. In that case, last week’s inflows may remain short-term unless policy clarity, inflation data, and market liquidity continue to support digital asset demand.
Also Read: Crypto Prices Today: Bitcoin Holds Above $80K Ahead of CLARITY Act Vote