CoinShares Says Digital Asset Products Saw $857.9M Inflows, Led By Bitcoin

Digital asset investment products recorded $857.9 million in inflows last week, marking their sixth straight positive week, according to CoinShares researcher James Butterfill.

“Bitcoin, Ether, Solana, and XRP extend their streak of ETF inflows ahead of a reversal”

CoinDesk

Bitcoin led demand with $706.1 million of the weekly total and pushed above $80,000 mid-week, its highest level since the February correction.

CoinDesk

Total assets under management climbed to $160 billion as the United States drove most of the activity with $776.6 million in inflows, a sharp recovery from $47.5 million the prior week.

CoinShares said the move “likely reflects” improving sentiment around the CLARITY Act, with Senators Tillis and Alsobrooks releasing the final compromise text on stablecoin yield May 1 and then holding firm against banking-industry pushback three days later.

Ethereum drew $77.1 million in inflows, reversing $81.6 million of outflows the previous week, while Solana recorded $47.6 million and XRP pulled in $39.6 million.

CoinShares reported that short-bitcoin products posted $14.4 million of outflows, the largest weekly drawdown this year, as traders unwound hedges and conviction in the rally built.

Cointelegraph

Multi-asset products were the only material outlier, with $5.5 million of outflows, even as the streak of positive flows tracked Bitcoin’s recovery from the February sell-off.

CoinShares also tied the broader participation to the CLARITY Act debate, noting that the Senate Banking Committee markup is expected this week.

The CLARITY Act’s stablecoin-yield compromise became a focal point for investors as major banking groups rejected the Tillis-Alsobrooks language, warning that yield-bearing stablecoins could pull funds away from bank deposits.

“Crypto ETP flows by asset (in millions of US dollars)”

Cointelegraph

CoinShares-linked coverage said Coinbase and Circle backed the compromise, and Coinbase CEO Brian Armstrong posted, “Mark it up.”

Ripple CEO Brad Garlinghouse defended the bill’s momentum at Consensus 2026, calling recent progress a “big positive shift,” while the bill’s path remained uncertain because it still faced banking-sector resistance and had to clear the Senate process.

Separately, CoinDesk described a different weekly flow picture for digital asset investment products, saying they posted net inflows of $2.17 billion last week and that flows swung sharply on Friday when funds posted outflows of $378 million after a resurgence of geopolitical tensions and tariff threats.