Key Highlights
- Analysts point to prolonged U. S.
- regulatory uncertainty, particularly delays around the CLARITY Act, as a key driver.
- Institutional investors are still heading for the exits.
- Despite a brief stabilization in crypto prices earlier this month, crypto investment products saw another sharp round of outflows in the third week of December.
- Nearly $990 million left crypto-linked funds last week, according to data compiled by CoinShares, with most of the withdrawals concentrated in the United States.
