The “Clarity Act” — the regulatory tailwind from the White House agreeing to the ethics-supporting documents for the “Clarity Act” at the right moment — is a regulatory development that can increase the likelihood of the U.S. Congress advancing legislation on crypto market structure that has long been stalled. The “Clarity Act” will establish a clear regulatory jurisdiction framework for digital assets between the SEC and the CFTC; since Bitcoin ETFs were approved in January 2024, it has been the most influential and most urgently needed piece of the puzzle in U.S. crypto legislation. At a point when institutional demand has been accelerated through ETFs and on-chain accumulation by whales has already been confirmed, the advancement of the Clarity Act will send a mutually reinforcing signal for institutional entry: a regulatory framework that enables larger institutional allocators to build positions in Bitcoin on the premise of regulatory certainty, moving in step with the forces driving a price recovery—making the entry price more attractive in turn. $BTC $ETH $SOL