"Bitcoin ETF sees its heaviest fund outflows since June; $450 million flows out due to the failure to pass the ‘Clarity’ bill": Over the course of a single day, U.S. spot Bitcoin ETFs experienced net redemptions of about $450 million from investors—its largest one-day outflow since June 25.
“Fund outflows” does not mean funds have disappeared from the Bitcoin network. Instead, it means the amount investors sell or redeem ETF shares is higher than the amount of new purchases, reflecting a weakening in short-term risk appetite. The trigger was that the U.S. Senate did not move forward with the Digital Asset Market Clarity Act (Clarity Act). The market had originally expected the bill to make regulatory rules for crypto assets clearer, but the vote did not reach the passage threshold. This disappointed some investors and reduced expectations of a regulatory tailwind.
This does not necessarily mean that Bitcoin ETFs or Bitcoin itself will continue to fall. But it does show that market sentiment on the day was more cautious, and especially crypto assets that are more sensitive to U.S. regulatory policy faced more pronounced selling pressure.$BTC $ETH
#法案延期 #比特币ETF净流出4.5亿美元
“Fund outflows” does not mean funds have disappeared from the Bitcoin network. Instead, it means the amount investors sell or redeem ETF shares is higher than the amount of new purchases, reflecting a weakening in short-term risk appetite. The trigger was that the U.S. Senate did not move forward with the Digital Asset Market Clarity Act (Clarity Act). The market had originally expected the bill to make regulatory rules for crypto assets clearer, but the vote did not reach the passage threshold. This disappointed some investors and reduced expectations of a regulatory tailwind.
This does not necessarily mean that Bitcoin ETFs or Bitcoin itself will continue to fall. But it does show that market sentiment on the day was more cautious, and especially crypto assets that are more sensitive to U.S. regulatory policy faced more pronounced selling pressure.$BTC $ETH
#法案延期 #比特币ETF净流出4.5亿美元