BlackRock IncBlackRock's IBIT saw $161.7M in outflows after the Senate failed to advance the CLARITY Act, a regulatory setback for digital assets.

U.S. spot Bitcoin ETFs posted $450.4 million in combined net outflows on Sep. 15, erasing the prior session's $159.9 million inflow, after the Senate failed to advance the Digital Asset Market Clarity Act. Fidelity's FBTC led the withdrawals at $214.8 million, followed by BlackRock's IBIT at $161.7 million and Grayscale's GBTC at $44.1 million, with IBIT and FBTC together accounting for roughly $376.5 million of the redemptions. The CLARITY Act fell short of the 60 votes needed to proceed, drawing only 50 in favor, with four Republican senators joining Democrats in opposition; Senator Thom Tillis changed his vote as a procedural step that preserves the possibility of reconsideration. The bill was intended to create a federal market structure for digital assets and clarify responsibilities between the Securities and Exchange Commission and the Commodity Futures Trading Commission. Despite the outflow, net flows for September remained marginally positive at about $16.8 million, and markets were also bracing for a Federal Reserve decision, with a rate increase widely expected.
BlackRock IncBlackRock's IBIT saw $161.7M in outflows after the Senate failed to advance the CLARITY Act, a regulatory setback for digital assets.
Fidelity National Information Services IncGrayscale's GBTC posted $44.1M in outflows amid the regulatory uncertainty following the CLARITY Act's failed Senate vote.