While Bitcoin dominated headlines, investment products Solana and XRP also recorded sharp increases in activity.
Digital asset investment products recorded inflows of $857.9 million, extending six consecutive weeks of positive inflows – the highest weekly figure since April 24.
CoinShares reported that the increase was likely related to improving sentiment around the CLARITY Act, as Senators Thom Tillis and Angela Alsobrooks released the final settlement text related to stablecoin yields on May 1 and continued to support it despite banking industry opposition on May 4.
The return of global investment in cryptocurrencies
Bitcoin attracted more than $706.1 million during the week, bringing its year-to-date total to $4.9 billion. On the other hand, products linked to Bitcoin short positions recorded exits worth $14.4 million, representing the largest weekly decline for this category this year. In the latest edition of the weekly report on digital asset fund flows, CoinShares He explained The shift indicates that investors are reducing hedging positions amid strengthening market confidence.
Ethereum added $77.1 million after that vision $81.6 million off the previous week. Solana and XRP also recorded strong activity of $47.6 million and $39.6 million, respectively. Meanwhile, Chainlink, Swee, and Litecoin saw smaller gains of $1.4 million, $1 million, and $0.1 million. Multi-asset was the only major category to record losses of $5.5 million.
The United States accounted for the largest regional total at $776.6 million after rebounding sharply from $47.5 million the previous week. Germany saw $50.6 million, marginally higher than before, while Switzerland recorded $21.1 million and the Netherlands $5 million, demonstrating broader European activity coupled with a stronger recovery in the United States.
Next week is high risk
Analysts are now turning their focus to the important economic and geopolitical developments expected this week. QCB Capital He said Macroeconomic and geopolitical developments are expected to dominate market attention, as US President Donald Trump and Chinese President Xi Jinping prepare to meet in Beijing for talks covering trade, national security, rare earth supply chains and conflict in the Middle East.
The company indicated that markets will closely monitor any progress on tariffs following the US Trade Court’s ruling last week against Trump’s 10% global tariffs.
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QCP also highlighted upcoming inflation data as another key focus, as investors watch whether price pressures stabilize or continue to rise. Easing inflation could support lower real yields and improve conditions for crypto assets, while persistent inflation could lead to monetary policy tightening for a longer period.
At the same time, Bitcoin gained… He stayed More than $80,000. QCP added that cryptocurrency volatility remains near yearly lows, with BTC facing resistance around the $84,000 level.
