U.S. Congress Approves "Clarity Act" in 159-Vote Passage

CoinDesk, May 17 — Key developments: 1) U.S. Congress passed the "Clarity Act" with 159 votes. 2) Bitcoin ETFs snapped a six-week streak of net inflows, posting weekly net outflows of $1 billion. 3) Bitcoin ETFs registered their first net outflow in six weeks. 4) Total net outflows from Bitcoin ETFs hit $290 million. 5) A whale trader with a 100% win rate cut an ETH short by 43.15 BTC; current P&L stands at 0.49%. 6) Abraxas Capital's primary address added roughly $2.88 million to its BTC long position. 7) Abraxas Capital's primary address added roughly $2.59 million to its BTC long position. 8) Abraxas Capital's primary address rolled over its BTC long position. 9) The United States ended exemptions for Russian crude oil sales. 10) India imposed import restrictions on certain silver products.