Foreign media: In the context of price pressures and the outflow of bitcoin ETF funds, the growth story of the encrypted market has not stopped. According to Ric Edelman, the real and more noteworthy changes take place outside the price curve, and institutional entry and asset monetization continue to advance.
He mentioned that recent market concerns had come mainly from a number of sources, including the movement of Mt. Gox-related wallets, regulatory uncertainty, and successive outflows of funds from Bitcoin ETF. These factors suppress short-term sentiment and make markets more sensitive to subsequent policy developments.
The agency is still moving forward with the monetization.
According to the article, Wall Street institutions have not slowed down by weak markets. Edelman states that Beled, Morgan Chase, Morgan Stanley, Franklin Dunpton, Fuda, Dow and Kyung-soon are advancing the monetization-related layout.
He claims that the extent of tokenization is no longer limited to encrypted assets and is being extended to traditional financial assets such as shares, cash and ETF. For institutions, such layouts are closer to infrastructure, rather than simply charging for short-term currency price fluctuations.
At the same time, an increasing number of institutional investors are beginning to assess the first deployment of encrypted assets or to consider expanding existing warehouses. According to him, a number of agencies are still more concerned with short-term occupational risks, but this may change with more peer entry.
Clarity Act becomes the short-line focus
Edelman believes that the discussions in the United States Congress around CLARITY Act are important variables that will affect the market in the coming months. Proponents wanted to use it to provide clearer regulatory rules for institutional investors, but the content of the bill was still in the game.
According to them, parliamentarians, including Bernie Sanders and Elizabeth Warren, are promoting the inclusion of more provisions relating to encryption. This leaves the future of the bill uncertain and the market cautious about the progress of legislation.
He concluded that if the bill moved forward smoothly, the market might consider it to be a clear advantage, as it meant that the compliance path of institutions involved in the encrypted market was clearer. On the contrary, if the bill is blocked or delayed, it may in the short term discourage investors from expecting regulatory progress.
The political divide is widening.
According to the article, political alliances in the encryption industry have become more visible in recent years. Edelman mentioned that, during the CLARITY Act discussion, the gap between encryption supporters and the banking sector was growing.
He indicated that the early controversy had been partly the result of the issue of stabilizing the gains of currency, but that a greater focus was now on the ethical limits of government officials participating in encrypted transactions. Such differences affect not only the content of the bill but also the ability of the industry to drive policy in Washington.
For the back market, he still looks forward to the long-term prospects for bitcoin and block chain infrastructure, and believes that the ETA and Solana remain important platforms for monetization and intelligent contract ecology. In the short term, however, regulatory results will remain a key factor in market performance.