Geopolitics Alpha

Crypto longs worth $570 million wiped out as Clarity Act fails

Published . Updated .

Bullish crypto futures bets worth millions have been liquidated in 24 hours. Bitcoin and ether longs have taken in the most losses.

Directly affected

  • CRCW Crypto

    Named in this report.

  • BLSH Bullish

    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

  • BITW BITWISE 10 CRYPTO INDEX ETF SHS REPSTG UNIT BEN INT

    GA selected BITW as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • BLOX NICHOLAS CRYPTO INCOME ETF

    GA selected BLOX as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • EZPZ FRANKLIN CRYPTO INDEX ETF

    GA selected EZPZ as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • FDIG FIDELITY CRYPTO INDUSTRY AND DIGITAL PAYMENTS ETF

    GA selected FDIG as a RELATED security because its canonical security name directly matches this event's themes: crypto. 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
CRCW———————
BLSH———————
IBIT———————
COIN———————
MSTR———————
MARA———————
RIOT———————
HOOD———————
BITW———————
BLOX———————
EZPZ———————
FDIG———————

Bullish crypto futures bets worth millions have been liquidated in 24 hours. Bitcoin and ether longs have taken in the most losses.

Source: CoinDesk

Bitwise 10 Crypto Index ETF (BITW) since this story, compared with the market

Since the first closing price after “Crypto longs worth $570 million wiped out as Clarity Act fails,” Bitwise 10 Crypto Index ETF (BITW) is +4.94%. The S&P 500 fund (SPY) is +0.52% over the same days, a +4.42% difference versus the market.

BITW
SPY

Who gains and who loses around Bitwise 10 Crypto Index ETF (BITW)

Companies tied to this story

  • BITW Bitwise 10 Crypto Index ETF

    For “Crypto longs worth $570 million wiped out as Clarity Act fails,” Bitwise 10 Crypto Index ETF (BITW) is linked, with no stored direction, medium confidence. Reason on file: GA selected BITW as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BLOX Nicholas Crypto Income Etf

    For “Crypto longs worth $570 million wiped out as Clarity Act fails,” Nicholas Crypto Income Etf (BLOX) is linked, with no stored direction, medium confidence. Reason on file: GA selected BLOX as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • EZPZ Franklin Crypto Trust

    Franklin Crypto Trust (EZPZ) is linked, with no stored direction, medium confidence in the 16 Sep 2026 story “Crypto longs worth $570 million wiped out as Clarity Act fails.” Reason on file: GA selected EZPZ as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • FDIG Fidelity Crypto Industry And Digital Payments Etf

    Fidelity Crypto Industry And Digital Payments Etf (FDIG) is linked, with no stored direction, medium confidence in the 16 Sep 2026 story “Crypto longs worth $570 million wiped out as Clarity Act fails.” Reason on file: GA selected FDIG as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • GDLC Grayscale CoinDesk Crypto 5 ETF

    In “Crypto longs worth $570 million wiped out as Clarity Act fails,” Grayscale CoinDesk Crypto 5 ETF (GDLC) is linked, with no stored direction, medium confidence. Reason on file: GA selected GDLC as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • WRTH Tidal Etf Tr Iii Worth Chartin

    For “Crypto longs worth $570 million wiped out as Clarity Act fails,” Tidal Etf Tr Iii Worth Chartin (WRTH) is linked, with no stored direction, medium confidence. Reason on file: GA selected WRTH as a RELATED security because its canonical security name directly matches this event's themes: worth. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Bitwise 10 Crypto Index ETF (BITW)

Bitwise 10 Crypto Index ETF (BITW) is the company in “Crypto longs worth $570 million wiped out as Clarity Act fails,” the 16 Sep 2026 this story story.

The link for Bitwise 10 Crypto Index ETF (BITW) is this: GA selected BITW as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Also listed, Nicholas Crypto Income Etf (BLOX): GA selected BLOX as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

The price range for Bitwise 10 Crypto Index ETF (BITW), and the dates in the story

BITW traded between 51.43 and 56.92 across 20 sessions. The latest close on file is 52.47. BLOX traded between 11.35 and 15.12 across 20 sessions. The latest close on file is 11.52. EZPZ traded between 20.36 and 21.94 across 12 sessions. The latest close on file is 20.59.

What the saved facts support for Bitwise 10 Crypto Index ETF (BITW)

46 out of 100

“Crypto longs worth $570 million wiped out as Clarity Act fails” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.