Leading cryptocurrencies slipped on Wednesday as the Senate Banking Committee gears up to vote on the Clarity Act.

Crypto Market Lags

Bitcoin dipped below $79,000 during early trading but staged a partial recovery by late evening. Ethereum fell to an intraday low of $2,233, but Dogecoin bucked the trend with nearly 3% gains.

These moves come ahead of the much-anticipated markup of the Clarity Act, a comprehensive legislation that would give U.S. cryptocurrency holders clear regulatory rules.

Over $370 million was liquidated in the past 24 hours, with long position traders again bearing the brunt of the losses, according to Coinglass data.

Bitcoin’s open interest rose marginally by 0.28$ over…

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Key Features of the New ETFs

Will Rhind, founder and CEO of GraniteShares, said the expansion reflects where investor demand is currently concentrated, particularly around highly traded crypto-equity names. He added that the ETFs are designed to offer a more accessible and liquid alternative to traditional structured notes while seeking to generate income through a disciplined autocallable framework.

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Bitcoin slipped below $80,000 on Wednesday as crypto markets turned cautious ahead of Thursday’s highly anticipated U.S. Senate Banking Committee markup meeting on the Clarity Act.

Notable Statistics:

Coinglass data shows 120,108 traders were liquidated in the past 24 hours for $374.66 million.       

SoSoValue data shows net outflows of $233.3 million from spot Bitcoin ETFs on Tuesday. Spot Ethereum ETFs saw net outflows of $130.6 million.

In the past 24 hours, top losers include SKYAI, Toncoin and Terra Classic.

Notable Developments:

Trader Notes:

Trader KillaXBT said Bitcoin’s broader bear-market structure still leaves room for a move below $60,000, although the…

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Shifting Landscape

In an interview session, on Tuesday the discussion centered around ARK’s venture-focused interval fund and Robinhood’s newly launched closed-end private markets fund.

Both are designed to give retail investors exposure to private companies that traditionally remained accessible only to accredited investors and institutional capital.

Wood said the investing landscape has shifted dramatically as companies stay private far longer than in previous cycles.

She pointed to companies like

Key Takeaways

Rajgopal called the current accreditation system “antiquated,” arguing wealth thresholds no longer reflect investor sophistication in an era where information and research are widely…

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Privacy-focused cryptocurrencies are moving back into the ETF spotlight after Grayscale Investments filed with the U.S. Securities and Exchange Commission to convert its existing Zcash Trust into a spot exchange-traded fund.

If approved, the product would trade on the NYSE Arca under the ticker ZCSH, becoming the first U.S.-listed ETF directly tied to a privacy-focused cryptocurrency. The proposed fund would hold ZEC, the native token of Zcash, offering investors direct exposure to the asset instead of relying on futures contracts or crypto-related equities.

• Grayscale Bitcoin Trust (BTC) stock is under selling pressure. What’s pulling GBTC shares down?

Key Features Of The… Read more on Benzinga

• Goldman Sachs Group stock is trading at elevated levels. Where are GS shares going?

In an exclusive interview with Benzinga, the Tessera PE CEO argued that a tokenized version of Elon Musk’s SpaceX could combine “meme-stock velocity” with institutional-grade fundamentals, creating a new category of investing altogether.

“Meme stocks are narrative trades detached from fundamentals,” Ahn said. “Tokenized SpaceX is the opposite.”

Retail Demand Could Look Very Different

The bigger shift, according to Ahn, is structural.

Traditional IPO systems intentionally throttle participation through broker allocations, minimum purchase sizes and geographic restrictions. Tokenization removes many…

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For years, crypto’s biggest problem in Washington was uncertainty. Now, Brian Armstrong says regulatory “CLARITY” may finally be within reach.

Armstrong also thanked the Senate and the crypto advocacy group Stand With Crypto, which claims more than 3.7 million supporters.

The comments come as Washington appears to be taking a more serious approach toward building a formal framework for digital assets after years of regulatory clashes between crypto firms and agencies like the SEC.

Why The CLARITY Act Matters

At its core, the CLARITY Act is designed to establish clearer rules for how digital assets are regulated in the U.S..

That matters because one of the crypto industry’s biggest complaints…

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STRC Ex-Dividend Date Drives Mid-Month Rallies

Bitcoin posted strong returns during the middle week of March and April. 

K33 Head of Research Vetle Lunde said the pattern could continue this week. STRC pays dividends on the last day of each month, while share ownership gets determined by the ex-dividend date on the 15th.

Strategy issues additional STRC shares via its at-the-market program whenever the stock trades at or above its $100 par value, using the proceeds to buy Bitcoin. 

STRC typically trades near par ahead of the ex-dividend date as investors position for payouts, boosting volumes and allowing Strategy to raise more capital.

“This Friday marks another STRC ex-dividend date, and…

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