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Crypto Funds Pull In $857.9M Last Week as CLARITY Act Markup Lifts

🤖 GG AI Summary

Digital asset investment funds saw inflows of $857.9 million last week, driven primarily by $706.1 million into bitcoin. This surge in institutional investment was fueled by optimism surrounding the upcoming U.S. Senate markup of the CLARITY Act scheduled for May 14, signaling renewed confidence in crypto exposure.

Sentiment: 82% Bullish

Digital asset investment funds recorded $857.9 million in weekly inflows last week, with bitcoin accounting for $706.1 million of those gains, as growing optimism over the U.S. Senate’s scheduled CLARITY Act markup on May 14 revived institutional appetite for crypto exposure. CLARITY Act Momentum Flips the Script Coinshares, the digital asset investment firm that tracks […]

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