Bitcoin ETFs Record $450 Million Outflow After Clarity Act Setback

U.S. spot bitcoin exchange-traded funds recorded $450 million in outflows after the Senate failed to advance the Clarity Act, according to CoinDesk. The withdrawal was the largest from the funds since June. The legislative setback also coincided with a sharp decline across tokens considered sensitive to regulatory developments. The move puts bitcoin ETF flows and the stalled U.S. crypto legislation in focus for market participants tracking the bitcoin market. The source did not provide a fund-by-fund breakdown or identify the specific tokens affected. Bitcoin remains the primary asset linked to the reported ETF activity, while the broader reaction reflects the market’s sensitivity to developments in the regulatory environment.