From May 4 to May 8, inflows into exchange-traded cryptocurrency products totaled $857.9 million. This positive trend has continued for six consecutive weeks, marking the highest level since late April.
Weekly inflow dynamics in crypto funds. Source: CoinShares.
The total assets under management have risen to $160 billion. CoinShares analysts attribute this growth to progress in discussions surrounding the CLARITY Act. During this period, the price of Bitcoin surged above $82,000.
The majority of the funds, $706.1 million, were directed towards Bitcoin. Since the beginning of the year, the net inflow into the leading cryptocurrency has reached $4.9 billion. Investors withdrew $14.4 million from short instruments, indicating a decrease in expectations for a market correction.
Weekly distribution of attracted capital by assets. Source: CoinShares.
Altcoins also saw gains:
- Ethereum attracted $77.1 million after experiencing outflows the previous week;
- $47.6 million flowed into Solana;
- $39.6 million was invested in XRP.
The U.S. led in investment volume with $776.6 million. In Europe, demand was spread across Germany ($50.6 million), Switzerland ($21.1 million), and the Netherlands ($5 million). Only multi-asset funds recorded outflows, losing $5.5 million.
Weekly distribution of attracted capital by regions. Source: CoinShares.
Profit-Taking
Bitcoin investors have begun to take profits en masse. This is indicated by the on-chain metric aSOPR, which has remained above one for nine consecutive days, according to analyst Carmelo Aleman.
Bitcoin Is Once Again Being Sold at Sustained Profits
— CryptoQuant.com (@cryptoquant_com) May 11, 2026
“Bitcoin is absorbing profit-taking without immediate deterioration in price structure. Coins are being realized at a profit, but the market has shown sufficient absorption capacity so far.” – By @oro_crypto pic.twitter.com/SzpTbbqvPU
He notes that the duration of the signal is crucial. This nine-day streak reduces the likelihood of market "noise" and confirms a stable trend. A similar pattern was last observed in October-November 2023.
From a market structure perspective, this indicates that buyers are successfully absorbing supply. Coins are being sold at a profit, yet the asset's price is not collapsing.
Aleman interprets this not as a sign of euphoria but as a transition to a growth phase. The trend will change if the indicator falls below the threshold level, signaling that participants are once again selling assets at a loss. As long as aSOPR remains above 1, the market maintains a constructive dynamic.
Recall that from April 27 to May 1, inflows into investment crypto products totaled $117.8 million.
