US spot Bitcoin and Ethereum ETFs see $520M net outflow after CLARITY Act setback

AI Market Summary

US spot Bitcoin and Ethereum ETFs saw a combined $520M net outflow (BTC ~$296M, ETH ~$224M), signaling near-term risk-off positioning and weaker institutional demand via regulated wrappers. The move followed the CLARITY Act failing a key US Senate cloture vote on Sept 16, reinforcing regulatory uncertainty. Near-term liquidity and sentiment can soften across majors, with spillovers into broader crypto beta.

Impact level

● High

Affected assets

BTC/USDT+0.56%

AI Insight · BTC/USDTAI Insight

▼ Bearish

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US-listed spot Bitcoin and spot Ethereum ETFs posted a combined net outflow of $520M. Bitcoin ETFs accounted for $295.98M in withdrawals, while Ethereum ETFs saw $224.11M leave. The move followed the CLARITY Act's failure to clear a key Senate cloture vote on September 16.

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