Bitcoin ETFs Snap Winning Streak With $463M Weekly Exodus as Ether Funds Lure Capital — BigGo Finance

Bitcoin (BTC) faced three security breaches in seven days, including a $320M drain from Liquid's sidechain, a fake token exploit on Symbiosis, and a phishing attack on Revolut. iShares Bitcoin Trust (IBIT) and spot Bitcoin ETFs were unaffected, highlighting custodian risk as the primary concern for shareholders.

Bitcoin rose sharply as prediction markets increased the odds of the CLARITY Act passing to 30%, up from 12% earlier in September. The Senate is set to vote on the bill on Tuesday, September 15, 2026. The bill includes changes to address stablecoin rewards and ethics restrictions. Analysts remain cautious about its passage, with TD Cowen maintaining a 25% chance.

Nine public companies hold 7.63 million ETH worth $19 billion, with BitMine leading at 5.93 million ETH. BitMine also staked 5.067 million ETH, valued at $12.6 billion. Other companies include SharpLink and Dynamix. Ethereum is trading around $2,470.

XRP surged 3.9% after President Trump agreed to 80% of the ethics deal on the Crypto Clarity Act, which would cement XRP's commodity status in statute. The bill needs 9 Democratic votes to pass and has two ethics gaps: provisions around Trump's sons and a January 2029 expiry date. Bitcoin rose 1.3%, in line with other major cryptocurrencies.

US spot Bitcoin ETFs saw $463M net outflows last week, ending a three-week inflow streak. Outflows occurred over four days, with the largest on Thursday. Despite this, September saw net inflows of $307.3M. Analysts cite market challenges, including inflation and Fed policy shifts. Ether ETFs had $197M inflows the same period. Bitcoin and Ether prices showed mixed daily changes.

The US CLARITY Act, dividing crypto oversight between CFTC and SEC, advances with Trump's agreement on ethics rules. Bitcoin and HYPE tokens rose. A September 15 vote requires bipartisan support. The EU's MiCA framework is already in force, with stricter stablecoin rules.