tldr; Crypto investment products experienced $952 million in outflows, primarily due to delays in the Digital Asset Market Clarity Act, which prolonged regulatory uncertainty. Ether funds saw the largest outflows at $555 million, followed by Bitcoin funds at $460 million. The Clarity Act aims to define crypto securities and commodities, clarifying regulatory jurisdictions. CoinShares noted that the delays have negatively impacted investor sentiment, with total assets under management now at $46.7 billion compared to $48.7 billion in 2024.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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tldr; Crypto investment products experienced $952 million in outflows, primarily due to delays in the Digital Asset Market Clarity Act, which prolonged regulatory uncertainty. Ether funds saw the largest outflows at $555 million, followed by Bitcoin funds at $460 million. The Clarity Act aims to define crypto securities and commodities, clarifying regulatory jurisdictions. CoinShares noted that the delays have negatively impacted investor sentiment, with total assets under management now at $46.7 billion compared to $48.7 billion in 2024.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.