The spot Solana (SOL) exchange-traded funds (ETFs) recorded their strongest weekly performance since February, attracting $39.23 million in total net flows. The surge in capital inflows coincided with SOL futures open interest rising by $1.5 billion in May, signaling a sharp increase in trader positioning across the derivatives markets.

The rise in market activity comes alongside Solana’s 15% rally to $97 in the past seven days, with traders targeting the next major resistance level at $120. 

SOL ETF demand rises with futures interest

Bitwise’s BSOL ETF led the latest inflow wave with $36 million in weekly net inflows last week, while Fidelity’s FSOL added over $1.8 million. Since its launch, BSOL has attracted $861 million, accounting for nearly 81% of cumulative inflows across all spot SOL ETFs, which now total about $1.06 billion.

Spot SOL ETF netflows. Source: SoSoValue

Futures activity rose alongside the ETF demand. Solana open interest (OI) climbed to $6.4 billion from $4.94 billion on May 1, marking a 29.5% increase in less than two weeks.

Aggregated spot cumulative volume delta (CVD), which measures the net difference between market buy and sell orders, climbed to nearly $250 million from $163 million in five days, during SOL’s push toward $96.

The futures CVD expanded to about $593.6 million after rising steadily from May 5 onward, as buyers absorbed sell-side liquidity in both the spot and futures markets. 

SOL price, aggregated open interest, spot, and futures CVD and funding rate. Source: velo.chart

The funding rate held near 0.065%, indicating traders continued to pay to maintain long exposure. The buying activity has started to flatten near the $95-$96 range as spot and volume deltas have cooled over the past 24-hours. 

Related: South Korea crypto holdings halve in a year as investors turn to stock market

Solana eyes a breakout: Is $120 next?

Solana is forming an Adam and Eve pattern near the $95 resistance level, with the setup’s neckline directly at the current breakout zone. A confirmed move above that level places the technical target near $120. 

An Adam and Eve pattern on the higher time frame chart could signal a bottom for SOL if price successfully turns the $95 resistance level into support. 

SOL/USDT, one-day chart. Source: Cointelegraph/TradingView

SOL also pushed above its 100-day exponential moving average for the first time since October 2025, adding another technical shift to the mix alongside ETF inflows and rising futures positioning. 

A confirmed daily close and consolidation above $95 could open the path toward the pattern’s projected target near $120, due to a lack of resistance sitting between the two levels after the 42% dip in February.

Crypto analyst BATMAN noted that Solana recently broke above a 231-day downtrend on the SOL/BTC daily chart, signaling improving relative strength against Bitcoin. According to the analyst, the $89-$91 zone now acts as the nearest support cluster and a likely retest region if SOL holds above the breakout area. 

SOL/USDT, one-chart analysis by BATMAN. Source: X

Related: XRP metrics line up bull signals for ‘full-scale rally’ to $2

Crypto investment products extended their streak of inflows for a sixth consecutive week, reaching $4.9 billion in total. Exchange-traded products (ETPs) gathered roughly $858 million, up sharply from the prior week’s $118 million, as improving sentiment around US crypto legislation helped push Bitcoin above $80,000 and lift assets under management to their highest level since February. The development comes as investors weigh the potential impact of regulatory clarity on the sector’s capital flows.

Key takeaways

• Six straight weeks of inflows into crypto investment products, totaling $4.9 billion year-to-date, with ETPs contributing about $858 million in the latest week.
• Bitcoin led the charge, drawing $706 million in new exposure and pushing year-to-date inflows for Bitcoin-related products to $4.9 billion; total crypto ETP assets exceeded $160 billion, the highest since February.
• Short-Bitcoin funds recorded the week’s largest outflows, totaling $14 million, signaling a cautious shift as investors reduce bets against BTC amid a rising price backdrop.
• Ether ETFs added $77 million in inflows after last week’s outflows; Solana and XRP also drew notable investor interest with inflows around $48 million and $40 million, respectively.
• Late-week profit-taking capped the rally: spot Bitcoin ETFs posted about $423 million in outflows on Thursday and Friday, leaving net weekly inflows around $623 million, per SoSoValue.

Bitcoin drives the flow as sentiment improves

Bitcoin remains the primary catalyst for the renewed wave of investor interest, with total Bitcoin-related inflows for the week lifting the year-to-date total to roughly $4.9 billion. The crypto market’s broader asset base also swelled, taking crypto ETP assets under management to more than $160 billion — a level not seen since February. The improvement in appetite appears linked to evolving policy chatter in the United States, particularly around legislative efforts that could clarify certain regulatory aspects of crypto markets.

In a note to clients, CoinShares head of research James Butterfill pointed to the final compromise proposal surrounding stablecoin yields as a supportive factor for the renewed inflows. The proposal, released on May 1, has been cited by market participants as a potential milestone toward more predictable regulatory treatment, which in turn could bolster institutional participation in crypto markets.

Broader momentum: ETH, SOL, and XRP pick up steam

Ethereum investment products posted $77 million in inflows, reversing the prior week’s outflows and underscoring sustained interest in the network’s upgrade cycle and activity. Solana and XRP complemented the broader trend with inflows of roughly $48 million and $40 million, respectively, illustrating a diversified appetite beyond Bitcoin for those exploring multi-chain exposure and liquidity profiles.

Despite the positive momentum, some segments of the market remained sensitive to the pace of gains and macro news flow. The week’s data show buyers stepping in for high-conviction assets while more tactical positions were pared back as prices fluctuated near key levels.

Profit-taking and market mechanics temper the rally

Profit-taking emerged as a notable feature toward the end of the week. After Bitcoin briefly dipped below the $80,000 mark on Thursday, US-listed spot Bitcoin ETFs recorded about $423 million in outflows on Thursday and Friday. SoSoValue estimated that this late-week selling trimmed net weekly inflows to roughly $623 million. The oscillation underscores how traders balanced the outlook for further upside with the realization of gains accumulated in the run-up.

On-chain analytics added another layer to the narrative. CryptoQuant highlighted a surge in realized profits on Monday, quantified at 14,600 BTC — about $1.1 billion at the time — marking the largest single-day profit-taking since December 10, when Bitcoin traded near $90,000. The firm noted that rising realized profits could prompt further profit-taking as BTC tests multimonth highs, especially if the market continues to rally on improving sentiment.

Industry participants offered their take on the price dynamics. Laser Digital’s derivatives desk observed that the rally began to stall midweek as traders booked profits from long positions. The desk suggested that the pace and scale of buying from institutional or large-scale participants could influence the trajectory of the move, with some investors reportedly pre-positioned ahead of anticipated bids from major players such as MicroStrategy this week. Such positioning, the note implied, can trigger additional take-profit flow if the market moves faster than anticipated.

Regulatory backdrop, adoption implications, and what to watch next

The week’s flows arrive amid a broader regulatory backdrop that could shape how investors price risk and allocate capital. The May 1 release of a compromise proposal on stablecoin yields is widely viewed as a potential signal of bipartisan movement toward clearer rules for digital assets and related products. While not a complete policy framework, the document has been cited by market participants as a sign that policymakers are closer to laying out concrete guardrails, which could unlock further institutional engagement if implemented.

Investors will be watching several development threads in the coming weeks: filings and approvals for additional ETPs and ETFs, the trajectory of the CLARITY Act conversations and its potential impact on stablecoins and custody, and any further guidance on how regulated markets will treat on-chain activity and cross-border flows. The balance between appetite for risk-on exposure and the need for regulatory clarity will likely dictate whether inflows sustain their momentum or wobble in the face of new headlines.

What this means for investors, traders, and builders

For investors, the sixth straight week of inflows signals growing confidence in crypto investment products and the potential for continued diversification beyond Bitcoin. The breadth of inflows across Bitcoin, Ether, Solana, and XRP suggests a maturing market where participants are evaluating multiple narratives — from layer-1 and smart contract platform growth to cross-chain liquidity and appeal to traditional asset allocators.

Traders will likely monitor the near-term dynamics around price levels and the rate of profit-taking. The observed outflows from spot Bitcoin ETFs late in the week highlight the importance of timing and risk management in a market characterized by volatile swings even as macro catalysts align with a constructive sentiment backdrop.

For builders and ecosystem participants, the regulatory trajectory matters. A clearer framework around stablecoins and crypto products could reduce uncertainty for custodial and fund-structure providers, potentially enabling more sophisticated product offerings and improved investor protection. The market’s next phase will hinge on how quickly policy moves translate into durable, rules-based market access and whether the optimism surrounding regulatory clarity translates into sustained capital inflows.

Looking ahead, readers should watch the progress of the CLARITY Act-related discussions and any concrete steps toward standardizing yields, as well as the continued delivery of new investment products that blend on-chain innovation with traditional fund structures. As always, the liquidity picture will adapt to both price action and policy signals, and traders should stay attentive to evolving flows data and on-chain activity that could foreshadow the next leg of the cycle.

Readers should remain attentive to the evolving regulatory landscape and the cadence of new product approvals, as these factors will shape liquidity and investor participation in the months ahead. The market seems to be moving toward greater clarity, but how and when that translates into durable inflows remains an open question worth watching closely.

Bitcoin (BTC) climbed to an intraday high of $82,450 on Sunday after President Donald Trump knocked back Iran’s latest proposal during negotiations to end the ongoing conflict. The rejection triggered wild swings across the market, and the flagship cryptocurrency tumbled towards $80,000 on Monday as volatility returned to the crypto market.

According to data from CoinGecko, BTC fell from around $81,500 to $80,500 minutes after President Trump called Iran’s counteroffer “totally unacceptable.” However, buyers defended the $80,000 level as the rebound wiped out over $400 million in short positions.

Strategy To Replenish Bitcoin Reserves After Every Sale

Strategy co-founder Michael Saylor has said the company plans to buy far more Bitcoin than it will sell. Saylor’s comments come as the company contemplates selling some of its Bitcoin reserves to fund dividend payments for its STRC perpetual preferred stock. Saylor stated in multiple interviews that while Strategy could sell some of its Bitcoin holdings, it would offset these sales with new purchases, adding that companies should be net accumulators of Bitcoin, not net sellers.

“In these periods, even if we were to sell one bitcoin, we’d be buying 10 to 20 more bitcoins. You should be a net accumulator of Bitcoin. You don’t want to be a net seller of bitcoin because bitcoin is capital.”

Morgan Stanley Bitcoin ETF Sees $194M In Inflows

Morgan Stanley’s spot Bitcoin ETF, the Morgan Stanley Bitcoin Trust (MSBT), has recorded $194 million in inflows since its debut, without a single day of outflows. Between its launch and May 7, the ETF recorded 17 days of inflows, 5 sessions with relatively little movement, and 0 days of net outflows. The fund’s stability is remarkable given the current market conditions, and the bank also offers Bitcoin, Ethereum, and Solana through E*TRADE, its retail brokerage platform.

Amy Oldenburg, Morgan Stanley’s head of digital assets, disclosed that the fund had $239.6 million in assets under management (AUM) as of May 7, adding that the fund recorded $20.6 million in inflows on its first day, along with $34 million in trading volume. The fund also has one of the lowest expense ratios at 0.14%, allowing it to undercut its competitors.

Markets Enter Crucial Week

Meanwhile, global markets are entering a critical week, with CPI, PPI, retail sales, and industrial data lined up. However, geopolitical developments could complicate matters after President Trump rejected Iran’s counteroffer. Geopolitical tensions continue to dictate market reactions this year, with Bitcoin and equities experiencing considerable volatility owing to uncertainty tied to the ongoing US-Iran conflict.

The April CPI inflation data is set to be released on Tuesday, followed by PPI inflation data on Wednesday, and retail sales data and production numbers later in the week. The OPEC monthly report could also influence market expectations.

Bitcoin Price Analysis: BTC Traders Watch For Volatility

Bitcoin (BTC) plunged to a low of $80,504 on Monday but held above the $80,000 mark ahead of a data-heavy week. Despite the market swings, the flagship cryptocurrency held above key short-term support levels. Market analysts are divided on whether data releases this week and the evolving geopolitical situation could push investors towards risk assets or trigger another downturn.

The ongoing US-Iran conflict and the situation around the Strait of Hormuz continue to keep the cryptocurrency market, primarily Bitcoin, jittery. The waterway is crucial to oil and natural gas supply, carrying nearly one-fifth of global flows. Oil rose $4 a barrel, while Brent crude rose 4.5% to $105.85. The dollar gained for a second day due to robust US jobs data and safe-haven demand.

Bitcoin’s recent price action has been linked to US-Iran headlines. The flagship cryptocurrency pushed towards $78,700 on May 1 after Iran sent a revised proposal, easing market pressure and improving sentiment. BTC crossed $80,000 on May 4 after President Trump announced “Project Freedom,” a US-led initiative to secure the Strait of Hormuz.

Analysts are keeping an eye on $80,000 and whether BTC can turn it into support. Crypto Tony, an analyst on X, stated that prediction market Polymarket puts the odds of BTC hitting $85,000 in May at 79%. Analysts have marked $78,000 as the first major support level should BTC slip below $80,000. A decisive move above $82,500 could push the flagship cryptocurrency to test $85,000. However, any adverse developments during the US-Iran negotiations could see prices dip again.

JUST IN: 79% chance Bitcoin hits $85,000 this month. pic.twitter.com/mxvGm4eyqS

— Crypto Tony (@CryptoTony__) May 6, 2026

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Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Bitcoin held a delicate line at the start of the week, contending with a stubborn ceiling near $84,000 while trying to defend a crucial lower area around the 20-day exponential moving average. Bulls remain in command only so long as price sits above key support, but a pattern of risk emerging from the 200-day EMA adds a cautionary undertone. In a note that underscores the sentiment-versus-technical-signal tension, Santiment reported the bullish-to-bearish comment ratio on social media sits around 1.5 to 1, suggesting the rally could fade if confidence wanes. At the same time, investors have shown persistent interest in the space, with six straight weeks of net inflows into U.S. spot Bitcoin exchange-traded funds—the longest streak since August 2025—hinting that institutional buyers may be steadily re-engaging despite the near-term volatility.

Against this backdrop, traders are watching how Bitcoin’s price action interacts with a broader macro mosaic. The stock market has carried the risk-on mood, with the S&P 500 climbing to fresh highs, while the U.S. dollar index (DXY) has struggled to gain momentum, trading within a wide range and flirting with critical moving-average thresholds. The convergence of these dynamics—bullish liquidity for crypto influencers and a still-choppy macro environment—sets up a fragile equilibrium that could tip in either direction in the near term.

Key takeaways

• Bitcoin is testing resistance near $84,000 while its 20-day EMA sits around $78,852; a hold at the EMA keeps the bullish thesis intact, but a break could open a path toward the 50-day SMA at about $74,191.
• A rejection at the 200-day EMA around $82,039 has a historically sharp downside read, with prior rejections since November 2025 followed by drawdowns of 25%–36% and a notional risk of around a 30% slide toward $56,000 if history repeats.
• Six straight weeks of net inflows into U.S. spot BTC ETFs point to continued institutional interest, providing a counterweight to near-term volatility.
• S&P 500 has extended its uptrend to record levels, while the DXY remains range-bound; a sustained break above or below key levels could reframe risk sentiment and crypto correlations.
• Among the top altcoins, several charts imply a mix of potential breakouts and ongoing resistance: ETH faces continued headwinds under $2,465; XRP eyes a breakout above a downtrend line toward $1.61 and possibly $2; and SOL, BNB, DOGE, HYPE, and ADA each show critical thresholds that could define the next leg of moves.

Bitcoin charts: 84k resistance and the 20-day EMA under the spotlight

The BTC/USD pair has once again run into the overhead zone around $84,000, suggesting that the up-move lacks broad-based strength as bears defend higher levels. The immediate psychological and technical focal point remains the 20-day EMA, which sits near $78,852. A resilient bounce off this level would reinforce the notion that buyers still control the near-term trajectory and could pave the way for an uphill push toward $92,000, followed by a potential test of $97,924.

Beyond price action, a longer historical frame weighs on the risk narrative. Since November 2025, each rejection at the 200-day EMA has been followed by sizable drawdowns. If that pattern plays out again, a decline toward roughly $56,000 would be plausible, underscoring why traders are wary of assuming a quick, unimpeded recovery. The combination of a strong pro-bull sentiment in some quarters (as reflected by the six-week ETF inflow streak) with a potential macro-induced pullback creates a scenario where downside risk and upside potential are tightly balanced.

From a sentiment standpoint, the social-media signal remains a mixed guide. Santiment’s data highlighted a bullish-to-bearish commentary ratio of about 1.5:1, implying that enthusiasm could be prone to erosion should skepticism rise among traders and fund managers. In practical terms, the price action around the 20-day EMA and the sharpness of any subsequent move above or below $84,000 will likely determine whether the market transitions into another leg higher or retests lower-support zones.

Macro backdrop: SPX momentum and dollar dynamics in play

Equity markets added another chapter to the ongoing risk-on narrative, with the S&P 500 advancing to new highs. The strength in equities suggests a favorable environment for risk assets, including crypto, at least in the near term. Yet the breadth and sustainability of this trend depend on several checks: the RSI signals that the move may be entering an overbought phase, while price action remains vulnerable near key moving-average horizons that can trigger pullbacks if broken.

On the currency front, the U.S. Dollar Index has yet to decisively push higher, failing to clear the 20-day moving-average threshold around 98.40. If selling pressure intensifies, a slide toward the 96.21 support level could unfold, potentially widening the range of 95.55 to 100.54 that has characterized DXY lately. Conversely, a decisive move above the 50-day simple moving average near 99 could renew a rally toward the 100.54 ceiling, implying a broader pullback in risk assets and a renewed test for crypto markets that often act inversely to the dollar.

Investors should watch how these macro cues intersect with crypto-specific catalysts. The potency of ETF inflows, the pace of any global liquidity shifts, and evolving regulatory signals will collectively shape whether Bitcoin and its peers can sustain momentum or succumb to profit-taking in the weeks ahead.

Altcoin snapshot: near-term charts and thresholds to watch

ETH, XRP, BNB, SOL, DOGE, HYPE and ADA each present clear levels that could influence the next wave of price action, even as Bitcoin wobbles at major zones.

Ethereum (ETH) has struggled to push through the prevailing ceiling near $2,465, signaling constrained demand at higher levels. The ether market will likely hinge on momentum-driven moves and the ability to sustain prices above nearby moving averages. A breakout above the $2,465 level would set the stage for revisiting the immediate resistance frontier, while a slide below key averages could pull ETH toward the lower end of its current setup.

XRP has become a focal point for a potential trend shift. The price has turned away from a downtrend line, and a bullish signal will emerge if demand persists on dips and the pair can climb above the downtrend line toward the $1.61 resistance. If cleared, targets near $2 become plausible. On the downside, breaking below the moving averages could expose a path toward $1.27, with a deeper drop toward $1.11 possible if selling accelerates through support zones.

BNB has rolled over from a $666 peak, with bears standing guard around the $687 resistance. The 20-day EMA at about $635 provides a critical baseline. A sustained bounce off that line could propel the pair above $687 toward $730 and eventually $790. The market could remain range-bound between roughly $570 and $687 if selling pressure resumes and buyers fail to gain traction above the EMA.

Solana is flirting with the $98 hurdle after a recent contact with the zone. A move above the 20-day EMA near $88 would signal improved tenor, enabling a renewed attempt at crossing $98. If successful, a run toward $117 could unfold, with resistance at $106 expected to hold in the near term. Failure to gain traction could keep SOL oscillating in a $76–$98 band for longer.

Dogecoin’s immediate direction remains tied to a battle around the $0.12 mark. A close above that threshold could accelerate gains toward $0.14 and then $0.16, while a break below $0.09 would open the door to a drop toward $0.08 and potentially $0.06 if selling intensifies. The next big move hinges on whether bulls can sustain a break above resistance or bulls relent at support.

Hyperliquid (HYPE) continues to grapple with the zone between $43.76 and $45.77, where sellers are actively defending. The 50-day moving average at $40.50 marks a critical support level; a break below this line could deepen the correction to roughly $38.70 and then $35.75, hinting at a possible topping scenario in the short term. A sustained move above the zone would be a signal for a resumption of the uptrend toward $50 and beyond to around $51.43.

Cardano (ADA) has paused within a broad range, oscillating between roughly $0.22 and $0.31. The 20-day EMA sits near $0.26 and is likely to act as a near-term springboard. A bounce off the EMA could push ADA toward $0.31, potentially signaling a fresh uptrend if buyers can clear that level. Conversely, a breakdown through the moving averages could extend the range for several more sessions, delaying a decisive directional move.

Taken together, the current landscape emphasizes thresholds to monitor rather than broad, uniform momentum. Traders may find opportunities if they can align with clear breakouts beyond specific moving-average tests, while risk remains elevated around major resistance zones and during periods of macro-driven volatility.

What readers should watch next is how Bitcoin behaves around the 84,000 hurdle and the 20-day EMA, whether the ETF inflow trend persists, and how XRP, ETH, and other top assets respond to their key breakpoints. The coming weeks will test whether the current mix of bullish sentiment and macro headwinds can coexist with a durable crypto rally or if risk-off episodes gain traction once more.

IREN has signed a $3.4 billion IREN Nvidia deal to deploy up to 5 gigawatts of AI infrastructure over five years.

Bitcoin miner turned AI infrastructure provider IREN has announced a five-year, $3.4 billion AI cloud contract with Nvidia, alongside a broader strategic partnership to build out 5 gigawatts of next-generation infrastructure. The deal was disclosed alongside IREN’s third-quarter FY2026 earnings on May 7.

IREN will provide Nvidia with managed GPU cloud services for its internal AI and research workloads. The partnership centres on deploying Nvidia’s DSX architecture across IREN’s global data center pipeline, starting at its 2-gigawatt Sweetwater campus in Texas.

What the Nvidia warrant means

As part of the deal, Nvidia received a five-year warrant to purchase up to 30 million IREN ordinary shares at $70 each. If fully exercised, that represents a potential equity investment of $2.1 billion, subject to regulatory approvals and GPU delivery milestones.

IREN co-founder and co-CEO Daniel Roberts said the partnership “combines Nvidia’s AI systems and architecture leadership with IREN’s expertise across power, land, data centers, GPU deployment, and infrastructure operations.”

IREN stock surged as much as 27% in after-hours trading following the announcement, extending a run that has seen the stock climb more than 71% over the past month. IREN shares jumped sharply in 2025 as the company first disclosed its pivot toward AI cloud revenue.

Scale and what comes next

The Nvidia deal follows IREN’s November 2025 agreement with Microsoft for $9.7 billion in GPU cloud infrastructure at its Childress, Texas data center. With commitments now exceeding $15 billion across both partnerships, IREN has positioned itself as a major AI infrastructure operator.

IREN is targeting $3.7 billion in annual recurring revenue by end of 2026 and 480 megawatts of capacity with 150,000 GPUs deployed. A further expansion to 1.2 gigawatts is already in build for 2027, with longer-term development across Texas, Spain, and Australia advancing toward the 5-gigawatt target.

Read more:

American Bitcoin mined coins at $36,200 each in Q1 2026, cutting costs 23% and posting a 50% gross margin.

American Bitcoin (ABTC), the Bitcoin mining company backed by the Trump family, cut its cost per coin 23% to roughly $36,200 in the first quarter of 2026, placing it among the lowest-cost public miners in the US. The company reported a gross mining margin above 50% alongside an $81.8 million net loss driven largely by a $117 million non-cash impairment on its bitcoin holdings.

The improvement in cost came from spreading higher production volume across a stable fixed-cost base, combined with what management called “continued energy pricing discipline.” The Drumheller site in Alberta, activated in late March, added roughly 3.05 exahash of computing power.

How American Bitcoin compares to the field

Total fleet capacity reached 28.1 exahash by quarter-end across roughly 89,000 mining machines. Eric Trump, co-founder and chief strategy officer, has consistently framed the company’s strategy around scale and low-cost production rather than the AI pivot pursued by rivals.

“Scaling hashrate is one of the ways we strengthen our position in Bitcoin,” Trump said in a recent statement. Public miners have collectively signed more than $70 billion in AI infrastructure contracts and reduced their bitcoin treasuries by over 15,000 BTC since late 2024 to fund the transition. American Bitcoin is taking the opposite approach.

American Bitcoin added 1,620 bitcoin to its strategic reserve in the quarter, pushing holdings to roughly 7,021 BTC, a 30% increase from the prior period. Of that, 817 came from mining and 803 from open-market purchases.

Mining economics and what makes it cheap

US miners broadly face rising pressure from surging tariffs on ASIC hardware from Southeast Asia and on steel and copper used in mining containers. American Bitcoin’s low electricity costs, estimated at well below $0.05 per kilowatt-hour at its key sites, give it a structural cost advantage over operators on older hardware or higher-cost power.

At $36,200 per coin against a Bitcoin price hovering near $80,000 during the quarter, that margin gives American Bitcoin significantly more room to hold rather than sell its production, supporting its long-term treasury accumulation strategy.

Cryptocurrency investment products recorded a sixth straight week of inflows in their longest streak since April to July 2025, totaling $4.9 billion, as improving sentiment around US crypto legislation helped push Bitcoin above $80,000 and lift assets under management to their highest level since February.

Crypto exchange-traded products (ETPs) posted around $858 million in inflows last week, sharply up from $118 million in inflows the previous week, CoinShares reported Monday.

The gains were likely supported by developments around the US CLARITY Act, said CoinShares head of research James Butterfill, referring to a final compromise proposal regarding stablecoin yields released on May 1.

Amid the positive trend, Bitcoin broke above $80,000 last week, lifting total assets under management in crypto ETPs past $160 billion, the highest since February.

Bitcoin leads inflows, while short-BTC funds see the largest outflows year-to-date

Bitcoin (BTC) investment products led the show last week, attracting $706 million in inflows and bringing year-to-date flows to $4.9 billion.

In line with the improving sentiment, short-Bitcoin ETPs saw their largest weekly outflow of the year at $14 million, suggesting investors are pulling back from bets against BTC as confidence in the rally grows.

Crypto ETP flows by asset (in millions of US dollars). Source: CoinShares

Ether (ETH) ETFs saw $77 million in inflows, reversing the $81 million in outflows recorded the previous week. Solana (SOL) and XRP (XRP) also posted notable gains, with inflows of about $48 million and $40 million, respectively.

Late-week profit-taking holds back the rally

Last week’s inflows came despite significant selling later in the week as Bitcoin briefly dipped below $80,000 on Thursday.

On Thursday and Friday, US-listed spot Bitcoin exchange-traded funds saw $423 million in outflows, reducing net weekly inflows to about $623 million, according to SoSoValue.

Bitcoin (BTC) seven-day price chart. Source: CoinGecko

Onchain analytics platform CryptoQuant pointed to realized profits totaling 14,600 BTC, or $1.1 billion, on Monday, the largest single-day profit-taking since Dec. 10, when Bitcoin was trading above $90,000. CryptoQuant’s Julio Moreno said rising realized profits could accelerate Bitcoin profit-taking as BTC climbs to three-month highs.

Related: Bitcoin rallies 2.3% after Trump calls Iran peace proposal ‘totally unacceptable’

“The rally started to stall from the middle of the week as investors quickly took profit on their positions,” Laser Digital’s derivatives trading desk said in a statement shared with Cointelegraph.

“Comments from DAT companies, whether it be selling or slowing purchases, didn’t help either. Given a lot of investors had pre-positioned for a move higher anticipating strong bid from MSTR this week, this has likely triggered some take-profit flows,” Laser Digital’s derivatives division added.

Magazine: XRP ‘probably going to $12,’ Bitcoin ETFs add $1B: Market Moves