Clarity Act delays led to $952M in crypto fund outflows: CoinShares
Summary
Crypto funds experienced $952 million in outflows, marking the first negative week in four, due to investor concerns stemming from delays in the US Clarity Act. The delays, pushing the Senate markup to January 2026, have increased regulatory uncertainty. Ether (ETH) funds led the outflows with $555 million, followed by Bitcoin (BTC) funds with $460 million. The majority of outflows originated in the US, while Canada and Germany saw minor inflows. CoinShares reports that total assets under management now stand at $46.7 billion, compared to $48.7 billion in 2024, suggesting ETP inflows will likely not surpass last year’s levels. Despite the overall negative sentiment, "smart money" traders on Nansen’s platform remain bullish on Ether, holding $476 million in leveraged long positions.
(Source:Cointelegraph)