Geopolitics Alpha

Bitcoin ETFs shed $450 million as Clarity Act fails

Published . Updated .

U.S. spot bitcoin ETFs shed $450 million, the most since June, as the Senate's failure to advance the Clarity Act sent regulatory-sensitive tokens sharply lower.

Directly affected

  • No company is named in this report.

Indirectly affected

  • IBIT iShares Bitcoin Trust

    This price moves with the crypto market

  • COIN Coinbase

    The crypto exchange moves with trading volumes

  • MSTR Strategy

    This company's value is tied to its bitcoin holdings

  • MARA MARA Holdings

    Bitcoin miners move with the bitcoin price

  • RIOT Riot Platforms

    Bitcoin miners move with the bitcoin price

  • HOOD Robinhood

    Retail trading apps move with crypto volumes

  • TUR ISHARES INC

    GA selected TUR as a RELATED security because its curated list / industry / sector context matches this event (curated-list=etfs). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • SLV ISHARES SILVER TR

    GA selected SLV as a RELATED security because its curated list / industry / sector context matches this event (curated-list=etfs). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • QID PROSHARES TR

    GA selected QID as a RELATED security because its curated list / industry / sector context matches this event (curated-list=etfs). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • XLI SELECT SECTOR SPDR TR

    GA selected XLI as a RELATED security because its curated list / industry / sector context matches this event (curated-list=etfs). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
IBIT———————
COIN———————
MSTR———————
MARA———————
RIOT———————
HOOD———————
TUR———————
SLV———————
QID———————
XLI———————

U.S. spot bitcoin ETFs shed $450 million, the most since June, as the Senate's failure to advance the Clarity Act sent regulatory-sensitive tokens sharply lower.

Source: CoinDesk

Ishares (TUR) since “Bitcoin ETFs shed $450 million as Clarity Act fails,” compared with the market

Since the first closing price after “Bitcoin ETFs shed $450 million as Clarity Act fails,” Ishares (TUR) is -15.60%. The S&P 500 fund (SPY) is +0.52% over the same days, a -16.12% difference versus the market.

TUR
SPY

Who gains and who loses around Ishares (TUR)

Companies carried with this story

  • TUR Ishares

    For “Bitcoin ETFs shed $450 million as Clarity Act fails,” Ishares (TUR) is linked, with no stored direction, medium confidence. Reason on file: GA selected TUR as a RELATED security because its curated list / industry / sector context matches this event (curated-list=etfs). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • SLV iShares Silver Trust

    iShares Silver Trust (SLV) is linked, with no stored direction, medium confidence in the 16 Sep 2026 story “Bitcoin ETFs shed $450 million as Clarity Act fails.” Reason on file: GA selected SLV as a RELATED security because its curated list / industry / sector context matches this event (curated-list=etfs). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • QID Proshares Tr

    In “Bitcoin ETFs shed $450 million as Clarity Act fails,” Proshares Tr (QID) is linked, with no stored direction, medium confidence. Reason on file: GA selected QID as a RELATED security because its curated list / industry / sector context matches this event (curated-list=etfs). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • XLI Select Sector Spdr Tr

    Select Sector Spdr Tr (XLI) is linked, with no stored direction, medium confidence in the 16 Sep 2026 story “Bitcoin ETFs shed $450 million as Clarity Act fails.” Reason on file: GA selected XLI as a RELATED security because its curated list / industry / sector context matches this event (curated-list=etfs). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • FXI Ishares China Large-Cap Etf

    Ishares China Large-Cap Etf (FXI) is linked, with no stored direction, medium confidence in the 16 Sep 2026 story “Bitcoin ETFs shed $450 million as Clarity Act fails.” Reason on file: GA selected FXI as a RELATED security because its curated list / industry / sector context matches this event (curated-list=etfs). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • ARKB Ark 21Shares Bitcoin ETF

    In “Bitcoin ETFs shed $450 million as Clarity Act fails,” Ark 21Shares Bitcoin ETF (ARKB) is linked, with no stored direction, medium confidence. Reason on file: GA selected ARKB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

How “Bitcoin ETFs shed $450 million as Clarity Act fails” reaches Ishares (TUR)

On 16 Sep 2026, “Bitcoin ETFs shed $450 million as Clarity Act fails” is the story that connects Ishares (TUR) to this story.

For Ishares (TUR), the reason on file says GA selected TUR as a RELATED security because its curated list / industry / sector context matches this event (curated-list=etfs). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Also listed, iShares Silver Trust (SLV): GA selected SLV as a RELATED security because its curated list / industry / sector context matches this event (curated-list=etfs). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

The price range for Ishares (TUR), and the dates in the story

QID traded between 12.41 and 14.82 across 12 sessions. The latest close on file is 14.00. SLV traded between 50.01 and 61.00 across 20 sessions. The latest close on file is 51.52. TUR traded between 31.78 and 37.86 across 20 sessions. The latest close on file is 31.79.

What the saved facts support for Ishares (TUR)

46 out of 100

“Bitcoin ETFs shed $450 million as Clarity Act fails” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.