Are Bitcoin funds buying?
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The stories that matter, with the context to make sense of them.

BlackRock has scooped up more than $1 billion worth of Bitcoin over the past 20 days, even as prices dropped sharply after the CLARITY Act failed. When the world's largest asset manager keeps buying through a dip, it tells the market that institutional conviction at these prices is real.

The SEC dropped its long-awaited innovation exemption right after the CLARITY Act died in the Senate, opening a five-year pathway for tokenized US stocks to trade on blockchain venues. This shifts the regulatory conversation from Congress to the agencies and puts real infrastructure momentum behind blockchain adoption.

The Senate blocked the CLARITY Act on a razor-thin procedural vote, sending Bitcoin, XRP, and other tokens sharply lower. The bill's failure for 2026 removes the clearest path to comprehensive US crypto legislation and leaves the industry relying on agency rulemaking instead.
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See money entering and leaving Bitcoin funds.
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