Bitcoin (CRYPTO: BTC) has been unable to durably break $75,000 despite landmark SEC and CFTC joint guidance clarifying crypto token classifications and seven consecutive days of ETF inflows totaling over $1.4 billion.

The SEC/CFTC Framework

The SEC and CFTC issued joint interpretive guidance dividing crypto tokens into five categories: digital commodities, digital collectibles, digital tools, stablecoins, and digital securities. 

The framework marks a shift from case-by-case enforcement, clarifying which tokens are securities and which fall under lighter CFTC oversight.

“The practical effect is a more coherent and less burdensome regulatory environment,” Tagus Capital said. “Legal…

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