Bitcoin Drives $858M Crypto Inflows, Extending Six-Week Streak on CLARITY Act Progress

Digital asset funds drew $857.9M net inflows for the week ending May 11, led by $706.1M into Bitcoin products—extending a six-week rally to $160B AUM as BTC holds near $81K. This follows a rebound from $490M outflows over Apr 27-29 that sank BTC to $75,621, with $1.63B inflows since May 1—including nearly $1B on May 5-6—overpowering $550M+ outflows from May 7-8. Institutional demand surges amid CLARITY Act advances toward a May 14 Senate markup, though banking resistance and macro risks loom.