#Gate广场五月交易分享 Regulatory breakthrough in history, the "Clarity Act" passes key vote

Washington time, May 14th, the U.S. Senate Banking Committee officially passed the "Digital Asset Market Clarity Act" (Clarity Act) with a vote of 15:9. This breakthrough marks the end of the gray area in U.S. crypto regulation, bringing significant good news to Bitcoin. The bill clearly classifies Bitcoin as a "digital commodity" under CFTC jurisdiction, clarifying the regulatory boundaries between SEC and CFTC, ending the long-standing jurisdiction dispute.
It is reported that the bill will next go to a full chamber vote, with the Trump administration setting July 4th as the target date for presidential signing. The market estimates there is about a 75% chance it will officially become law by the end of 2026.
Regulatory clarity will clear obstacles for institutional capital to enter compliantly. Currently, Bitcoin ETF total assets have surpassed $100 billion, with a net inflow of about $1.97 billion in April. As the bill advances, the pace of institutional capital entering is expected to accelerate further.
Institutions and whales buy aggressively, chips continue to concentrate
Latest data shows that institutions and whales are continuously increasing their Bitcoin holdings, becoming the core drivers of price increases. The world's largest publicly listed Bitcoin holder, Strategy (formerly MicroStrategy), disclosed that from May 4th to 10th, they increased their holdings by about 43 million USD, acquiring 535 Bitcoin at an average purchase price of approximately $80,340, with a current total holding surpassing 818k BTC.
On-chain data shows that over the past 30 days, whale addresses holding more than 1,000 Bitcoin have net increased by over 140k BTC, creating the largest single-round accumulation in nearly two years; meanwhile, "believer" Bitcoin holdings have surged to nearly 4 million BTC, a 300% increase since the end of 2025. At current prices, this capital is worth about $320 billion. In contrast, small retail addresses have decreased holdings, and market chips are shifting from retail to institutions and whales, making the structure increasingly healthy.