Bitcoin ETFs Suffer $450M Outflows as Senate Fails to Pass CLARITY Act
Bitcoin spot ETFs recorded significant net outflows of $450.4 million on September 15, according to data from Farside Investors.
This is a rare occurrence in recent months and comes as the US Senate failed to advance the CLARITY Act, which aimed to clarify regulatory responsibilities between federal agencies.
The vote on the bill was unsuccessful, with 49 senators voting in favor and 50 against the required 60 votes needed for passage.