Bitcoin ETFs shed $450 million as Clarity Act fails
U.S. spot bitcoin ETFs shed $450 million, the most since June, as the Senate's failure to advance the Clarity Act sent regulatory-sensitive tokens sharply lower.
Source: CoinDesk
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DW NOTE
The Senate vote came 10 short of passage and seven Democrats who negotiated the text voted no. That's not opposition — that's sabotage with plausible deniability. The $450 million outflow is the heaviest since June because regulatory risk in the U.S. now runs higher than macro risk, and investors know it.