In brief
- Ethereum investment products lost $222 million last week, the most of any digital asset tracked by CoinShares.
- Total crypto fund outflows hit $414 million—the first weekly net negative in five weeks.
- Clarity Act concerns and fading Fed rate-cut hopes drove the sell-off, with U.S. investors accounting for $445 million in outflows.
Ethereum funds bore the heaviest losses among all digital asset exchange-traded products last week as broader risk-off sentiment collided with growing concern about the Clarity Act, the upcoming U.S. crypto market structure bill.
That’s pushed total crypto fund outflows to $414 million—the first weekly net negative in five weeks, according to CoinShares’ weekly fund flows report.
Ethereum investment…
