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Bitcoin ETFs shed $430 million as a tech route hits crypto and what does a Democratic Congress mean for the Clarity Act?

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US spot Bitcoin ETFs saw $430 million in net outflows Thursday, Fidelity’s FBTC led with roughly $200 million followed by BlackRock’s IBIT at $105 million.

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That erased Wednesday’s inflows and brings net redemptions for the week to nearly $870 million.

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The Nasdaq fell 5.5% and the S&P 500 dropped 4.3%. Analysts…