Bitcoin ETFs face $450 million in outflows after the Senate failed to advance the Clarity Act, triggering a sharp decline in regulatory-sensitive tokens.
Bitcoin ETFs saw $450M outflows after the Senate failed to advance the Clarity Act, signaling bearish regulatory sentiment.
U.S. spot bitcoin ETFs recorded $450 million in outflows, marking the largest single-day withdrawal since June. The sell-off follows the Senate's failure to advance the Clarity Act, heightening investor anxiety over the future of digital asset regulation.
The outflows were triggered by the U.S. Senate's failure to advance the Clarity Act, which investors interpreted as a setback for crypto-asset regulation.