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Cryptocurrency concern products recorded a sixth consecutive week of inflows successful their longest streak since April to July 2025, totaling $4.9 billion, arsenic improving sentiment astir US crypto authorities helped propulsion Bitcoin supra $80,000 and assistance assets nether absorption to their highest level since February.
Crypto exchange-traded products (ETPs) posted astir $858 cardinal successful inflows past week, sharply up from $118 cardinal successful inflows the erstwhile week, CoinShares reported Monday.
The gains were apt supported by developments astir the US CLARITY Act, said CoinShares caput of probe James Butterfill, referring to a last compromise connection regarding stablecoin yields released connected May 1.
Amid the affirmative trend, Bitcoin broke supra $80,000 past week, lifting full assets nether absorption successful crypto ETPs past $160 billion, the highest since February.
Bitcoin leads inflows, portion short-BTC funds spot the largest outflows year-to-date
Bitcoin (BTC) concern products led the amusement past week, attracting $706 cardinal successful inflows and bringing year-to-date flows to $4.9 billion.
In enactment with the improving sentiment, short-Bitcoin ETPs saw their largest play outflow of the twelvemonth astatine $14 million, suggesting investors are pulling backmost from bets against BTC arsenic assurance successful the rally grows.
Crypto ETP flows by plus (in millions of US dollars). Source: CoinShares
Ether (ETH) ETFs saw $77 cardinal successful inflows, reversing the $81 cardinal successful outflows recorded the erstwhile week. Solana (SOL) and XRP (XRP) besides posted notable gains, with inflows of astir $48 cardinal and $40 million, respectively.
Late-week profit-taking holds backmost the rally
Last week’s inflows came contempt important selling aboriginal successful the week arsenic Bitcoin concisely dipped beneath $80,000 connected Thursday.
On Thursday and Friday, US-listed spot Bitcoin exchange-traded funds saw $423 cardinal successful outflows, reducing nett play inflows to astir $623 million, according to SoSoValue.
Bitcoin (BTC) seven-day terms chart. Source: CoinGecko
Onchain analytics level CryptoQuant pointed to realized profits totaling 14,600 BTC, oregon $1.1 billion, connected Monday, the largest single-day profit-taking since Dec. 10, erstwhile Bitcoin was trading supra $90,000. CryptoQuant’s Julio Moreno said rising realized profits could accelerate Bitcoin profit-taking arsenic BTC climbs to three-month highs.
Related: Bitcoin rallies 2.3% aft Trump calls Iran bid connection ‘totally unacceptable’
“The rally started to stall from the mediate of the week arsenic investors rapidly took nett on their positions,” Laser Digital’s derivatives trading table said successful a connection shared with Cointelegraph.
“Comments from DAT companies, whether it beryllium selling oregon slowing purchases, didn’t assistance either. Given a batch of investors had pre-positioned for a determination higher anticipating beardown bid from MSTR this week, this has apt triggered immoderate take-profit flows,” Laser Digital’s derivatives part added.
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