{"id":356,"date":"2026-05-11T14:34:33","date_gmt":"2026-05-11T14:34:33","guid":{"rendered":"https:\/\/1stblock.info\/?p=356"},"modified":"2026-05-11T14:34:33","modified_gmt":"2026-05-11T14:34:33","slug":"bitcoin-funds-pull-in-700m-in-a-week-as-clarity-act-optimism-builds","status":"publish","type":"post","link":"https:\/\/1stblock.info\/?p=356","title":{"rendered":"Bitcoin Funds Pull In $700M in a Week as Clarity Act Optimism Builds"},"content":{"rendered":"\n<p>Crypto investment products attracted <strong>$858 million<\/strong> in net inflows last week, extending a five-week streak, <em>according to CoinShares<\/em>. Bitcoin-focused funds alone captured more than <strong>$700 million<\/strong> of that figure, pushing year-to-date inflows to <strong>$4.9 billion<\/strong>.<\/p>\n\n\n\n<p>The driver, <em>per CoinShares head of research James Butterfill<\/em>, is improving sentiment around the Clarity Act \u2014 the U.S. legislative package aimed at defining the regulatory perimeter for digital assets. Institutional desks have been reading the bill&#8217;s progress as a near-term de-risking event, with allocators rotating back into spot <strong>BTC<\/strong> exposure after a choppy first quarter.<\/p>\n\n\n\n<p><strong>BTC<\/strong> is trading around <strong>$81,000<\/strong> at the time of writing, after coming within touching distance of the 200-day simple moving average \u2014 sitting just above <strong>$82,000<\/strong> \u2014 for the second time in a week. Analysts treat that level as the technical line between consolidation and the next leg higher; sustained closes above it have historically marked confirmed trend reversals.<\/p>\n\n\n\n<p>The flow picture aligns with broader positioning data. U.S. spot Bitcoin ETFs absorbed roughly <strong>19,000 BTC<\/strong> in the last five days of April, and the nine-day inflow streak that bridged late April into early May totaled approximately <strong>$2.7 billion<\/strong>. <em>BlackRock<\/em>&#8216;s <strong>IBIT<\/strong> and <em>21Shares<\/em> remain the dominant collectors of new capital, <em>per fund-level data<\/em>.<\/p>\n\n\n\n<p>Two market implications worth flagging. First, the pace of net buying \u2014 averaging roughly <strong>$170 million per day<\/strong> during the streak \u2014 suggests fresh capital rather than rotation between issuers, since no major fund recorded sustained outflows. Second, the bid is structural: spot ETFs effectively channel demand into a fixed-supply asset, tightening the float available on exchanges. Support is being watched around <strong>$80,400<\/strong>; a daily close above <strong>$82,000<\/strong> would be the next confirmation level for traders positioning for further upside.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto investment products attracted $858 million in net inflows last week, extending a five-week streak, according to CoinShares.<\/p>\n","protected":false},"author":2,"featured_media":357,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-eft"],"brizy_media":[],"_links":{"self":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts\/356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=356"}],"version-history":[{"count":1,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts\/356\/revisions"}],"predecessor-version":[{"id":358,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts\/356\/revisions\/358"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/media\/357"}],"wp:attachment":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}