Bitcoin ETFs Lose Record $450 Million as Regulatory Uncertainty Bites

U.S. spot Bitcoin ETFs have seen their largest outflow since June, shedding $450 million as the Senate failed to advance the CLARITY Act.

The Federal Reserve's highly anticipated rate decision is still ahead, putting additional pressure on crypto markets.

The lack of regulatory clarity has weighed heavily on investors' minds, with some hoping that a clear framework would boost market confidence and attract more institutional investment.