Bitcoin ETFs Post Heaviest One-Day Outflow Since June After Clarity Act Vote Fails

The timing is the story: the outflow lands on the failed Clarity Act vote, not on a crypto-native shock, which suggests ETF flows are now pricing legislative risk in this market. That matters most for the issuers and market makers who have built their pitch around regulated, institutional access — a stalled bill weakens that narrative faster than price alone would. Whether the drawdown proves to be a single-session reaction or the start of a sustained de-risking is the open question.