From Yahoo Finance · · 40s
Bitcoin ETFs Drop $593m After Clarity Act Vote Fails
Senate fails Clarity Act vote, Bitcoin ETFs lose $593m in one day.
In brief
Senate fails Clarity Act vote, Bitcoin ETFs lose $593m in one day. U.S. Bitcoin ETFs saw largest single-day outflow since June after Senate failed to pass Digital Asset Market Clarity Act. Originally reported by Yahoo Finance.
Bitcoin ETFs
U.s. spot bitcoin etfs shed $450.4 million in one day.
Ethereum ETFs
Ethereum etfs lost $142.3 million same day.
Bitcoin ETFs
Fidelity's fbtc led exodus with $214.8 million pulled out.
Clarity Act Vote
Senate failed to invoke cloture on digital asset market clarity act.
Regulatory Impact
Institutional money hesitates without crypto regulatory clarity.
Next Steps
Federal reserve rate decision may drive further crypto market shifts.
What to remember
U.S. Bitcoin ETFs saw largest single-day outflow since June after Senate failed to pass Digital Asset Market Clarity Act.
