Bitcoin rebounds to around $63,000 as spot BTC ETFs log $224 million and $143 million inflows while CLARITY Act remains unresolved
AI Market Summary
BTC rebounded after dipping below $60k, supported by renewed US spot BTC ETF inflows ($224m then $143m) that snapped a six-day outflow streak and helped trigger short covering. The main overhang remains uncertainty around the CLARITY Act: it advanced in Senate Banking (15–9) but still faces political negotiation and banking-sector pushback (including JPMorgan's Dimon), keeping regulatory clarity a key near-term volatility driver.
Impact level
● High
Affected assets
BTC/USDT+0.27%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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Bitcoin has rebounded to around $63,000 after dipping near the $60,000 level, supported by spot BTC ETF inflows and short-covering. U.S. spot BTC ETFs recorded inflows of $224 million and $143 million on two separate days, snapping a six-day run of outflows. The CLARITY Act advanced in the Senate Banking Committee by a 15–9 vote but has yet to reach a full Senate vote, leaving its final passage dependent on political coordination. JPMorgan CEO Jamie Dimon has voiced strong concerns about parts of the bill, while the crypto industry has reportedly spent $189 million on lobbying ahead of the 2026 midterm elections.
