Crypto ETPs See $952M Outflows Amid Regulatory Uncertainty: CoinShares
According to CoinShares, global crypto products experienced significant outflows, marking the end of a four-week inflow streak. This shift is attributed to delays in key policy discussions in Washington, specifically regarding the Clarity Act. The postponement of these regulatory decisions into next year has seemingly impacted investor sentiment, leading to approximately $952 million in outflows from crypto Exchange Traded Products (ETPs) during the week. The market is reacting to the uncertainty surrounding the regulatory landscape for digital assets.
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