On the day the CLARITY bill was rejected, Bitcoin ETFs saw a net outflow of $450 million in a single day.
On September 15, the Senate voted down the bill 49–50. That day, outflows hit the highest level since June; Fidelity alone redeemed $218 million.
Today, however, spot has instead tapped 84,000. The ETFs are being sold, while spot is being bought—two sides have different views.
On September 15, the Senate voted down the bill 49–50. That day, outflows hit the highest level since June; Fidelity alone redeemed $218 million.
Today, however, spot has instead tapped 84,000. The ETFs are being sold, while spot is being bought—two sides have different views.