Delays in the Clarity Act deprived crypto funds of $950 million - ForkLog: cryptocurrencies, AI, singularity, future

# Delays in the Clarity Act deprived crypto funds of $950 million

From December 12 to 20, investors withdrew $952 million from cryptocurrency investment products. This is stated in the CoinShares report.

The dynamics of weekly inflows into crypto funds. Source: CoinShares. Analysts believe that the negative dynamics are related to delays in the adoption of the Clarity Act regulating the cryptocurrency market. In their opinion, the postponement of the decision will prolong the period of uncertainty for this asset class.

The second reason is the continuing concerns regarding sales by whales.

“As a result, it now seems extremely unlikely that the overall inflow into exchange products will exceed last year's figures,” experts commented

As of the time of writing, the funds under management are $46.7 billion compared to $48.7 billion in 2024.

The main outflow of funds was from the USA — $990 million. However, losses were somewhat offset by the positive sentiment of market participants in Canada ( $46.2 million ) and Germany ( $15.6 million ).

Weekly distribution of attracted capital by regions. Source: CoinShares.Bitcoin-based products lost $460 million. The total amount of attracted funds since January is almost half of last year: $27.2 billion compared to $41.6 billion.

Ethereum funds lost $555 million over the week. CoinShares called the result logical: the network of the second largest cryptocurrency is losing more than others due to delays in the adoption of the Clarity Act.

At the same time, the tools recorded a record influx of funds over the past 12 months: $12.7 billion compared to $5.3 billion a year earlier.

Solana and XRP-oriented products continued their positive trend — they attracted $48.5 million and $62.9 million respectively.

Weekly distribution of raised capital by assets. Source: CoinShares.Currently under management of Solana funds — $3.1 billion; similar instruments based on XRP — $2.9 billion.

Let us remind you that from December 5 to 13, cryptocurrency investment products received $864 million despite the correction.