Last week could have marked the end of the crypto rally. Within two days, the CLARITY Act stalled in Congress, while the Federal Reserve raised interest rates. Despite these headwinds and tensions in the bond market, the market rose.
The key factor was the movement at the regulatory level. The SEC’s Innovation Exemption and the framework presented by the CFTC show that regulatory clarity can also emerge through administrative channels—possibly faster than through legislation.
Capital flows also confirmed the trend: $BTC (+0%)- ETFs recorded strong inflows throughout the week; on one trading day, the volume was close to one billion U.S. dollars. Several Digital Asset Treasuries also rose significantly. Their mNAV was back above one, allowing them to once again #bitcoin to make new purchases.
As a result, ETFs and DATs together absorb significantly more $BTC (+0%)than is newly mined each day. Since the new $BTC (+0%)issuance is set to be halved again in 2028, the growing scarcity—coupled with sustained institutional demand—could create additional upward price pressure. The signs of a bull market are mounting—especially in the U.S.
You can invest in Bitcoin through the following vehicle: $BITC (-0,73%)
