Back

U.S. spot Bitcoin ETFs see $450 million outflows after CLARITY Act setback

  • U.S. spot Bitcoin ETFs recorded $450 million in outflows Tuesday.
  • The withdrawals were the heaviest single-day total since June 25.
  • The Senate failed to advance the CLARITY Act before the outflows.

U.S. spot Bitcoin ETFs recorded $450 million in outflows on Tuesday, their largest single-day withdrawal since June 25. The move followed the Senate’s failure to advance the CLARITY Act, a cryptocurrency market-structure bill. Spot Bitcoin ETFs hold Bitcoin directly, allowing investors to gain exposure through exchange-traded shares.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.