Investment products for digital assets recorded inflows of USD 857.9 million - the sixth consecutive positive week and the highest weekly volume since April 24. This likely reflects the improved sentiment around the CLARITY Act after Senators Tillis and Alsobrooks released the final compromise text on the stablecoin interest rate on May 1 and stood their ground against opposition from the banking industry on May 4. $BTC (+0,68%) The price of the stablecoin rose above the USD 80,000 mark on Monday, reaching its highest level since the correction in February. The Senate Banking Committee is expected to discuss the issue next week. Total assets under management rose to 160 billion US dollars.
