Crypto Investors Keep Pulling Billions as US Lawmakers Stall on CLARITY Act

Crypto investment products experienced significant net outflows of nearly $990 million in the third week of December, primarily driven by investors reacting negatively to the ongoing delay in passing the U.S. Digital Asset Market Clarity Act (CLARITY Act). Ethereum and Bitcoin products led these withdrawals, shedding $555 million and $460 million, respectively, as regulatory uncertainty persists. However, some assets like Solana and XRP saw selective inflows, suggesting investors are rotating capital rather than exiting entirely. The CLARITY Act, which aims to define regulatory roles between the SEC and CFTC, passed the House but has stalled in the Senate, prolonging ambiguity that has already pushed capital overseas. Until this framework is established, institutional investors sensitive to oversight risks are expected to continue trimming their exposure.

(Source：CCN)