@egretr
Clearer rules + approvals (spot ETFs, custody frameworks) reduce career and compliance risk, unlocking pensions, RIAs, banks, and broker-dealers. Enforcement focused on altcoins/exchanges can divert capital to BTC (perceived “commodity” status). Any stablecoin/market-structure bills that normalize fiat ramps further tighten BTC’s correlation to mainstream finance, lowering the risk premium and compressing volatility—conditions supportive of higher highs.
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