Cryptocurrencies brought Ethereum to $ 555 million in a week

Investors withdrew more than $ 952 million from the digital asset market over the week, the first significant outflow of funds in the past month. According to CoinShares, the main reason was the growing uncertainty surrounding the adoption of the US Clarity Act, which is supposed to define the regulatory status of cryptocurrencies in the United States. The postponement of the bill increased market concerns, especially among institutional players.

Ethereum lost the most money — about $ 555 million, while the outflow from Bitcoin amounted to $ 460 million. Experts note that Ethereum is the most sensitive to possible decisions under the Clarity Act, as further regulation may determine its status as a commodity or security. Despite the short-term pressure, Ethereum has raised more than $ 12.7 billion since the beginning of the year, which is more than double last year’s figures.

Bitcoin continues to lag behind its 2024 targets: its total revenue this year is $ 27 billion compared to $ 41.6 billion last year. In addition, multi-asset products lost $ 55.7 million, and the Sui token lost about $ 0.4 million.

At the same time, a number of altcoins maintained positive dynamics. Solana raised $ 48.5 million, XRP — $ 62.9 million, and Chainlink added another $ 3.3 million. This indicates a redistribution of capital from leading assets to alternative projects that are less dependent on the US legal context.

The largest outflows were recorded in the United States — $ 990 million, while the negative trend was partially offset by investments from Germany ($ 46.2 million), Canada ($ 15.6 million), Australia ($ 1.8 million), and Brazil ($ 0.3 million). Thus, regulatory uncertainty in the United States remains a key factor of instability in the global crypto market.