Crypto Market Sees Fresh Inflows Amid Clarity Act Vote
Crypto ETFs are seeing fresh inflows following a rough week on Wall Street. The spot Bitcoin ETF added $160.04 million on September 14, its second lowest daily inflow this month, while total net assets sit at $100.09 billion.
The spot Ethereum ETF logged $121.02 million, the third largest single day inflow of September, with BlackRock alone bringing in $80.50 million. XRP and Solana funds posted their own third and second largest September inflows, at $11.26 million and $11.01 million.
The Clarity Act vote is set to take place today, which could impact the crypto market's regulatory environment. The bill aims to settle which regulator oversees crypto assets, with a cloture vote needed for formal debate to begin. A Fed meeting follows the next day, adding weight to the situation.