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\u2011delayed Senate Banking markup.<\/p>\n
Global crypto investment products have extended<\/a> 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.<\/p>\n As Bitcoin surged to its highest levels in months, funds based on the flagship crypto led last week\u2019s 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.<\/p>\n 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.\u00a0Solana 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.<\/p>\n 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.<\/p>\n It\u2019s 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.<\/p>\n As reported<\/a> 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.<\/p>\n CoinShares\u2019 head of research, James Butterfill, attributed last week\u2019s performance to progress<\/a> 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.<\/p>\n He explained that crypto funds\u2019 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 \u201cheld firm\u201d against recent banking-industry pushback.<\/p>\n Over the past week, US banking trade groups have led efforts<\/a> to push for amendments to the stablecoin yield compromise ahead of the crypto bill\u2019s upcoming markup session. The groups have argued that the current language still leaves room for rewards programs that could effectively replicate yield.<\/p>\nCLARITY Act Fuels US Sentiment<\/h2>\n