Ethereum Funds Shed $222 Million as Crypto Bill Fears Rattle Investors

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 products shed $222 million, dragging the asset's year-to-date flows to a net outflow of $273 million—the w ...