Congress delay on crypto legislation triggers $1 billion outflow [Yahoo! Finance]
JP Morgan Chase & Co. (JPM)
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Source: Yahoo! Finance
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. Michael Saylor's Strategy expands d
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