Aug 10: Senate Delays CLARITY Act Vote to September, Analyst Sees Upside
Hyperliquid’s RWA Perps Boom Reshapes HYPE Revenue Model · Ex-Defense Secretary Esper Frames CLARITY Act as National Security Iss · Bitcoin Spot ETFs Log $853M Inflows, BlackRock’s IBIT Dominates
Market Snapshot
BTC: $64,975.99 (+0.00%) ETH: $1,912.96 (-0.25%) SOL: $76.55 (+0.70%)
Notable number: Bitcoin spot ETFs saw $853.54 million in net inflows last week, the largest since mid-April.
Top Stories
- Bitcoin Spot ETFs Log $853M Inflows, BlackRock’s IBIT Dominates
- Senate Delays CLARITY Act Vote to September, Analyst Sees Upside
- Hyperliquid’s RWA Perps Boom Reshapes HYPE Revenue Model
- Ex-Defense Secretary Esper Frames CLARITY Act as National Security Issue
Key Takeaways
- Institutional flows into Bitcoin ETFs are rebounding, but remain highly concentrated in BlackRock’s IBIT and have not reversed year-to-date outflows.
- Regulatory uncertainty persists as the CLARITY Act faces delays and political headwinds, with ethics and enforcement provisions at the center of debate.
- Hyperliquid’s pivot to RWA perps is reshaping platform economics, benefiting builders but reducing HYPE token buyback support.
- National security framing is increasingly used to advocate for digital asset regulation, reflecting both geopolitical concerns and industry lobbying tactics.
What to Watch
The July U.S. Consumer Price Index (CPI) release on August 12 could set the tone for Bitcoin and broader crypto markets, especially following the recent ETF inflow surge. All eyes remain on the Senate’s return in mid-September, when the CLARITY Act could finally see a procedural vote. Hyperliquid’s evolving revenue model and the ongoing debate over RWA perps’ systemic risks will be key trends to monitor in DeFi.