Once legislation is enacted, the money from pensions and sovereign funds will truly enter the market; this is the trigger for the next bull market.

Crypto news: Investor Kevin O’Leary said that the next round of gains for Bitcoin may depend on legislation from the U.S. Congress. He noted that although Bitcoin has already broken above the previous highs, large institutions remain cautious because digital assets lack clear regulatory rules. O’Leary emphasized that pension funds, sovereign wealth funds, and large institutions are waiting for regulatory clarity before making larger-scale investments. He believes that the adoption of cryptocurrencies in the future may rely more on legislation than on speculation. O’Leary also mentioned that the current market needs policy triggers to bring in the next wave of capital inflows.