Market Structure
Senators unveiled a bipartisan draft bill that broadens the CFTC’s authority and tightens consumer protections, signaling stronger federal support for regulated crypto markets. Lawmakers say the move could improve market structure and boost liquidity on U.S. trading venues.
Bitcoin-focused ETFs recorded $866 million in outflows as the US shutdown ended, pushing BTC to a six-month low and stoking concerns about market structure and investor demand. Some analysts say the move is a temporary pullback and remain bullish on the long-term thesis.
Fidelity Digital Assets research head Chris Kuiper says visible buying from spot Bitcoin ETPs and corporates hasn’t produced decisive upside because other sellers are offsetting flows. He identifies clear pockets of supply that are keeping prices muted.
Around 300,000 BTC was sold in a move market observers attribute to institutional rebalancing rather than retail panic, underscoring the rising role of ETFs and OTC desks. The event points to a deeper, macro-driven liquidity profile for Bitcoin.
A well-known trader argues Bitcoin's recent price action formed a paradoxical bullish setup that, while looking weak on the surface, actually resets market structure and improves BTC's odds as the cycle's leading bull case.
XRP climbed past $2.50 as optimism mounts around a planned Canary XRP ETF debut, boosted by a U.S. Treasury greenlight and the Market Structure Bill. Traders are watching volumes and on-chain flows as institutional demand could reshape short-term dynamics.
The Senate Agriculture Committee unveiled a draft crypto market structure bill aiming to define CFTC authority over spot trading, advancing a Senate version of the Clarity Act. The move heightens regulatory uncertainty for exchanges, DeFi platforms and retail users.
Top crypto executives are set to meet with Senate Democrats to discuss upcoming market structure legislation affecting the cryptocurrency industry. This engagement aims to shape policies that foster innovation while protecting investors.