Investment products tied to cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) registered an outflow of $952 million last week.
CoinShares said the outflow after three consecutive weeks of inflows is indicative of the regulatory uncertainty due to the delay of the Clarity Act, the digital asset investment company said on Dec. 22.
Related: JPMorgan Chase reportedly eyes crypto trading amid debanking claims
The fear of whale selling during the market slide also led to the outflow, it added.
The U.S. led with an outflow of $990 million, though the inflows in Canada and Germany helped offset the figure.
Ethereum, with $555 million, and Bitcoin, with $460 million, contributed the most to fund outflows. Solana (SOL) and XRP, on the other hand, continued to see inflows even the last week.
BlackRock (NYSE: BLK), with $798 million, Bitwise with $130 million, and Cathie Wood’s ARK Invest with $101 million are the leading crypto fund providers to witness an outflow last week.
CoinShares said it is difficult for total inflows in 2025 to surpass the figure from last year.
More News:
Understanding Clarity Act
The Digital Asset Market Structure Clarity Act aims to regulate crypto assets under a clear regime so that the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) can take care of digital assets they are designated to.
The House of Representatives passed the Clarity Act in July.
Though the Clarity Act was supposed to see some progress before the end of 2025, the White House crypto czar David Sacks said the bill’s markup has been delayed to January.
We had a great call today with Chairmen @SenatorTimScott and @JohnBoozman who confirmed that a markup for Clarity is coming in January. Thanks to their leadership, as well as @RepFrenchHill and @CongressmanGT in the House, we are closer than ever to passing the landmark crypto…
— David Sacks (@davidsacks47) December 18, 2025
Once the legislation becomes law, it would mark a new era of crypto regulation in the U.S. and could spur similar moves by pro-crypto governments across the world.
Related: Coinbase Taking SEC Back to Court Over Lack of Crypto Law Clarity
This story was originally published by TheStreet on Dec 22, 2025, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.
