Crypto Market Sees Largest Weekly Inflow Since April

The latest fund flows report from CoinShares reveals a significant increase in digital asset investment products last week, totaling $857.9 million in inflows.

This marks the sixth consecutive week of positive flows and the largest weekly total since April 24, with assets under management rising to $160 billion.

The surge is attributed to stronger market sentiment following Bitcoin's climb above $80,000, which 'likely reflects' improving optimism around the CLARITY Act.

Bitcoin products led the demand, accounting for $706.1 million in weekly inflows and pushing year-to-date fund flows to $4.9 billion.