Markets Feel the Delay — But Bitcoin May Not Care
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Asset manager CoinShares recently linked nearly $1 billion in crypto investment outflows to regulatory uncertainty, citing delays around the CLARITY Act as a contributing factor. The firm said prolonged ambiguity makes institutional investors more cautious, even when broader crypto adoption continues.
Not everyone agrees the bill will move markets. Veteran trader Peter Brandt downplayed the impact of the legislation on Bitcoin’s price, calling it important but not “world-shaking.” While regulatory clarity may calm nerves, Brandt suggested Bitcoin’s long-term value will still be driven more by macro forces than Washington timelines.