Guavy AI Editorial TeamSentiment: 3Clout: 40

Crypto Funds Witness Sixth Consecutive Week of Positive Flows Amid CLARITY Act Progress

Global crypto investment products recorded significant net inflows last week, with assets under management (AUM) rising to a new high of $160 billion.

The surge in inflows was driven by legislative progress on the CLARITY Act and Bitcoin's price rebound above $80,000. According to CoinShares' latest weekly report, global crypto investment products saw net inflows of $857.9 million last week, marking the sixth consecutive week of positive flows.

The U.S. market dominated the inflows with $776.6 million in net inflows, a significant increase from the previous week's $47.5 million. This growth indicates broader participation across Europe alongside the U.S. rebound.