CoinShares: Digital asset investment products saw net inflows of $857.9 million last week, marking the sixth consecutive week of net inflows.

CoinFeed reported on May 11th that, according to CoinShares' latest weekly report, digital asset investment products saw a net inflow of $857.9 million last week, marking the sixth consecutive week of net inflows, bringing total assets under management to $160 billion. The inflows were primarily driven by the CLARITY Act's compromise on stablecoin yields, with Bitcoin breaking $80,000 on Monday. Specifically, Bitcoin saw an inflow of $706.1 million, bringing the year-to-date inflow to $4.9 billion; shorting Bitcoin products saw an outflow of $14.4 million, the largest single-week outflow this year. Ethereum saw an inflow of $77.1 million, Solana $47.6 million, and XRP $39.6 million. Regionally, the US saw an inflow of $776.6 million, Germany $50.6 million, Switzerland $21.1 million, and the Netherlands $5 million.