Crypto investment products absorbed $858 million last week, ahead of the upcoming CLARITY Act markup and Fed chair transition.
Total crypto market capitalization stood at $2.81 trillion on Monday as Bitcoin reclaimed $82,000 and global crypto fund flows extended their longest positive streak since last summer.
BTC last traded at $82,020, up 0.9% on the day and 1.9% over the past week. Ether continued to lag the majors, slipping 0.7% to $2,341 and posting a 1.3% weekly decline.
Solana stood out among the Top 10 with a 15% weekly gain to $98, while Cardano added 12% and BNB rose 5.4% in the same timeframe.
Sixth Week Of Inflows
Global crypto investment products pulled in $857.9 million last week, the sixth consecutive week of net inflows and the largest weekly haul since the week ending April 24, according to the latest CoinShares Digital Asset Fund Flows report. The streak has now brought year-to-date inflows to $4.9 billion, with total assets under management above $160 billion, the highest since February.
Bitcoin products accounted for $706.1 million of the weekly total. Ether funds reversed the prior week’s losses with $77.1 million in inflows, while Solana products added $47.6 million and XRP funds drew $39.6 million.
CoinShares head of research James Butterfill attributed the surge to compromise language being finalized on the stablecoin yield provisions of the Digital Asset Market CLARITY Act, together with Bitcoin reclaiming $80,000 over the past week.
U.S. spot Bitcoin ETFs have logged six straight weeks of net inflows totaling around $3.4 billion, per SoSoValue data, the longest such streak since August 2025. Cumulative net inflows since the January 2024 launch sit at roughly $59.3 billion, with total net assets at $106.6 billion.
Strategy Slows Down
Strategy disclosed its smallest weekly Bitcoin purchase of 2026, picking up 535 BTC for roughly $43 million between May 5 and May 11, according to its latest 8-K filing. The buy lifts total holdings to 818,869 BTC at a blended cost basis of around $75,540 per coin.
The pace reflects a sharp deceleration. Strategy bought 34,164 BTC for the week ending April 20, then 3,273 BTC the following week, and paused entirely ahead of its Q1 2026 earnings call on May 5.
Macro Week Ahead
The Senate Banking Committee is scheduled to mark up the CLARITY Act on May 14, with stablecoin yield language the central sticking point.
Meanwhile, Jerome Powell’s term as Fed chair ends on May 15, with Kevin Warsh widely expected to take the gavel at the June FOMC meeting.
