News listCrypto funds log $858M in sixth straight week of inflows: CoinShares
CoinTelegraph2026-05-11 10:31:47BTC

Crypto funds log $858M in sixth straight week of inflows: CoinShares

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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. 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 More on the subject
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ID:166f3884aa
Source:CoinTelegraph
Published:2026-05-11 10:31:47
Category:General · Export Category neutral
Symbols:BTC
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