Crypto inflows hit $857.9M as CLARITY Act vote nears

Crypto inflows jumped to $857.9M, marking the 6th consecutive week of net inflows in CoinShares’ data. It was the largest weekly inflow since 24 April, and total assets under management (AuM) rose to $160B from $155B. Bitcoin led the crypto inflows with $706.1M, taking year-to-date inflows to $4.9B. Ethereum added $77.1M after reversing the prior week’s $81.6M outflow. Solana ( $47.6M ) and Ripple ( $39.6M ) also saw stronger inflow momentum. Short-bitcoin products were the main drag, recording the biggest weekly outflow of the year at $14.4M. The key catalyst is the CLARITY Act. A joint statement from Senators Thom Tillis and Angela Alsobrooks says negotiations are close to finalization, with the Senate Banking Committee (and Senator Tim Scott) set to move the bill to a vote on 14 May. For traders, the near-term setup is constructive, but the durability of crypto inflows will likely depend on the 14 May vote outcome and any follow-up regulatory guidance.
Bullish
This is bullish for the mentioned coins because crypto inflows rebounded sharply to $857.9M, with BTC taking the majority of the demand and ETH returning to net inflows. The report ties the turnaround to improving regulatory expectations around the CLARITY Act, which is set for a 14 May committee vote—meaning traders may keep allocating risk if the bill advances. However, the earlier-year volatility (large outflow when timelines stalled) suggests sensitivity to headlines; a negative or delayed vote outcome could quickly weaken flows.