The delay of the US CLARITY Act leads to nearly $1 billion outflow from crypto funds in a single week

According to CoinShares data, in the third week of December, cryptocurrency investment products saw a net outflow of approximately $990 million, primarily concentrated in the U.S. market. Among them, Ethereum products experienced an outflow of about $555 million, while Bitcoin products saw an outflow of $460 million.

Analysts pointed out that the main reason is the U.S. Congress's failure to pass the CLARITY Act, which was approved by the House of Representatives in July but is currently stalled in the Senate. The ongoing regulatory uncertainty has prompted institutional investors to reduce their positions. However, Solana and XRP products bucked the trend, attracting net inflows of $48.5 million and $62.9 million, respectively, indicating that investors are not withdrawing entirely but are shifting towards specific assets.

As of 2025, the cumulative net inflow of crypto products still reached $12.7 billion, higher than last year's $5.3 billion.