Bitcoin ETF Outflows Hit $450M as BTC Falls Below $76K After CLARITY Act Setback

US spot Bitcoin exchange-traded funds suffered $450.4 million in net outflows on Tuesday, following $159.9 million in net inflows the prior day, as selling pressure mounted across the marketplace for cryptocurrencies.

That same day, the funds experienced their largest daily investment outflows since June 25, when a record $691.7 million exited, according to Farside Investors.

The largest redemptions on Tuesday came from Fidelity Bitcoin’s Wise Origin Bitcoin Fund, which lost $214.8 million from its FBTC, and Blackrock’s iShares Bitcoin Trust, which saw redemptions of $161.7 million.

Grayscale Bitcoin Trust ETF saw $44.1 million in redemptions, with the ARK 21Shares Bitcoin ETF and Bitwise Bitcoin ETF seeing redemptions of $17.4 million and $12.4 million, respectively, largely reversing Monday’s inflows.