Криптофонды теряют $950 миллионов из-за задержек с принятием Clarity Act Crypto Funds Lose $950 Million Due to Delays in Passing the Clarity Act

From December 12 to 20, investors withdrew $952 million from cryptocurrency investment products, as reported by CoinShares.

Analysts believe that the negative trend is linked to delays in the approval of the Clarity Act, which aims to regulate the crypto market. They suggest that the postponement of this decision will prolong the uncertainty surrounding this asset class.

Another factor contributing to this situation is the continued concern about sell-offs by large holders, often referred to as «whales.»

“As a result, it now seems highly unlikely that the overall inflows into exchange-traded products will surpass last year’s figure,” experts commented.

At the time of writing, the total assets under management amount to $46.7 billion, down from $48.7 billion in 2024.

The majority of the outflow occurred in the United States, totaling $990 million. However, this was somewhat offset by positive sentiments among market participants in Canada ($46.2 million) and Germany ($15.6 million).

Bitcoin-based products experienced a loss of $460 million. The total amount raised since January is almost half of last year’s total: $27.2 billion compared to $41.6 billion.

Ethereum funds saw a decline of $555 million over the week. CoinShares characterized this outcome as expected, noting that the second-largest cryptocurrency’s network is particularly affected by the delays in the adoption of the Clarity Act.

On a positive note, these instruments recorded a record inflow over the past 12 months, with $12.7 billion compared to $5.3 billion the previous year.

Products focused on Solana and XRP continued their upward trend, attracting $48.5 million and $62.9 million respectively.

Currently, funds managed under Solana total $3.1 billion, while XRP-based instruments manage $2.9 billion.

As a reminder, from December 5 to 13, cryptocurrency investment products gained $864 million despite the market correction.