Global crypto funds have extended their positive streak into a sixth straight 
week amid growing rally conviction and a boost from improving sentiment around 
the CLARITY Act ahead of its long‑delayed Senate Banking markup. Related 
Reading: Bitcoin Price Gains Renewed Strength, Market Eyes Bullish Breakout 
Bitcoin Leads Crypto Funds $858M Inflows Global crypto investment products 
have extended their positive streak for the sixth consecutive week after 
posting $857.9 million in inflows over the past week. The funds saw a 
significant surge from the modest $117 million recorded on the week that ended 
on April 24. As Bitcoin surged to its highest levels in months, funds based on 
the flagship crypto led last week’s boom, drawing $706.1 million and bringing 
year-to-date (YTD) flows to $4.9 billion, according to CoinShares data. 
Conversely, short Bitcoin products saw $14.4 million in outflows, its largest 
withdrawals of the year, indicating traders are unwinding hedges amid growing 
rally conviction. Altcoin-based products also posted positive results, with 
Ethereum funds recording $77.1 million in inflows, a significant recovery from 
the $81.6 million in outflows the prior week. Solana and XRP investment 
products followed, bringing $47.6 million and $39.6 million, respectively. 
Notably, multi-asset products were the only category to see a negative 
performance, with $5.5m in outflows. Regionally, US crypto funds dominated 
last week, drawing $776.6 million in inflows. This marked a strong recovery 
from the previous week, when they only brought in $21.1 million. It’s worth 
noting that US crypto exchange-traded funds (ETFs) recently saw their best 
monthly performance since October 2025, with over $2 billion in inflows across 
all major categories. As reported by News BTC, Bitcoin ETFs recorded their 
second straight month of massive gains, posting $1.97 billion in April, while 
Solana funds continued their seven-month positive streak, with $38.69 million 
in inflows. Meanwhile, Ethereum and XRP ETFs rebounded last month, with a 
strong recovery from their March performance. CLARITY Act Fuels US Sentiment 
CoinShares’ head of research, James Butterfill, attributed last week’s 
performance to progress on the US crypto market structure bill, known as the 
CLARITY Act, which has been stalled on the Senate Banking Committee for nearly 
four months. He explained that crypto funds’ recovery is likely fueled by 
improving sentiment around the CLARITY Act after Senator Thom Tillis and Angel 
Alsobrooks released the final text of the stablecoin yield compromise and 
“held firm” against recent banking-industry pushback. Over the past week, US 
banking trade groups have led efforts to push for amendments to the stablecoin 
yield compromise ahead of the crypto bill’s upcoming markup session. The 
groups have argued that the current language still leaves room for rewards 
programs that could effectively replicate yield. However, Senate sources have 
told journalist Eleanor Terret that the effort was “pretty milquetoast,” 
adding that “members have already shifted their focus to wrapping up other 
issues in the bill like ethics.” Related Reading: Bitcoin Flashes Signal With 
186% Average One-Year Return Meanwhile, Coinbase, Kraken, and Gemini are 
pushing lawmakers to scrap a key provision requiring exchanges to list only 
digital assets that are “not readily susceptible to manipulation,” arguing 
that the provision would be difficult to apply fairly to crypto, especially to 
smaller tokens that are traded less frequently. The Senate Banking Committee’s 
long-awaited markup session for the CLARITY Act has been scheduled for 
Thrusday, May 14. Featured Image from Unsplash.com, Chart from TradingView.com

Crypto Funds Extend Six-Week Streak With $858M Inflows On CLARITY Act Progress

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The banking sector&#8217;s resistance to stablecoin yield provisions highlights the 
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The post American Bankers Association urges banks to oppose stablecoin yield 
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first on Crypto Briefing.

Crypto Funds Extend Six-Week Streak With $858M Inflows On CLARITY Act Progress

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