Why CLARITY Act Matters: Grayscale Sees Next Phase for Digital Assets

The Senate Banking Committee is set to mark up the sweeping crypto market structure bill on Thursday.

A U.S. senator criticized bank opposition to stablecoin legislation before a committee session, saying the American Bankers Association sought “immediate engagement” from bank CEOs. He framed the dispute as a fight over competition, yields, and control. US Senator Blasts Bank Pushback on Stablecoin Bill Senator Bernie Moreno (R-Ohio), a member of the U.S. Senate Committee […]

The post Scaramucci Warns of CLARITY Act Delay Amid Banking Pushback appeared on BitcoinEthereumNews.com. Anthony Scaramucci, founder of SkyBridge Capital, warned at the Solana Policy Summit that the Digital Asset Market Clarity Act (CLARITY Act) may not pass the Senate for another two to three years due to banking lobby resistance and political gridlock. This highlights the significant institutional opposition to crypto legislation in the Senate, where banking interests are powerful. While the CLARITY Act seemed on track for enactment after passing the House in late 2025, Scaramucci’s assessment suggests a much more uncertain future. He may be making this prediction to adjust expectations within the institutional investor community, which has been anticipating regulatory clarity as a near-term catalyst, aligning with SkyBridge Capital’s interests as a long-term holder of digital assets. Scaramucci’s warning comes as the broader crypto market suffered a slight pullback overnight, with

The post Crypto Funds Pull In $857.9M Last Week as CLARITY Act Markup Lifts appeared on BitcoinEthereumNews.com. Key Takeaways Crypto funds saw $857.9M in weekly inflows, with bitcoin leading at $706.1M, per Coinshares. Senate Banking Committee CLARITY Act markup is set for May 14; a floor vote is targeted for June or July. CLARITY Act delays earlier caused a $952M single-week outflow; last week’s reversal shows restored confidence. CLARITY Act Momentum Flips the Script Coinshares, the digital asset investment firm that tracks weekly fund flow data globally, reported that crypto investment products attracted $857.9 million in net inflows for the week, pushing total assets under management (AuM) across all digital asset funds to $160 billion. Bitcoin-focused products dominated the haul with $706.1 million in inflows, while ethereum and other digital assets accounted for the remainder. Source: Coinshares The reversal is striking when placed against recent history. When CLARITY Act timeli

Digital asset investment funds recorded $857.9 million in weekly inflows last week, with bitcoin accounting for $706.1 million of those gains, as growing optimism over the U.S. Senate’s scheduled CLARITY Act markup on May 14 revived institutional appetite for crypto exposure. CLARITY Act Momentum Flips the Script Coinshares, the digital asset investment firm that tracks […]

Circle reports strong Q1 growth with $694M revenue, while Arc blockchain raises $222M backed by major global investors. Circle has reported strong financial growth in the first quarter of 2026. The company reported revenue and reserve income of $694 million. This is 20% higher than the previous year. Furthermore, it indicates a growing demand for […] The post Circle Revenue Jumps 20% as Arc Blockchain Raises $222M at $3B Valuation appeared first on Live Bitcoin News.

Polymarket traders price a 75% chance for the CLARITY Act becoming law in 2026. The probability dropped to 40% in January, peaked at 82% in February, fell to 43% in late April, then rose to the mid-70s. A Senate stablecoin yield deal caused the recent jump, banning bank-like rewards but allowing platform incentives. Polymarket traders […] The post CLARITY Act Gains Momentum as Polymarket Odds Hit 75% appeared first on Live Bitcoin News.

Capital B secured €15.2M to expand BTC reserves, with Adam Back and TOBAM increasing their ownership stake. French-listed Capital B has now secured $18 million from investors, including Bitcoin pioneer Adam Back and asset manager TOBAM. Funds from the raise will support additional bitcoin purchases and strengthen the company’s long-term treasury strategy. Capital B said […] The post Adam Back Joins $18M Funding Round for French BTC Treasury Firm Capital B appeared first on Live Bitcoin News.