BroadChain learned that at 10:16 on April 26, US Securities and Exchange Commission Chairman Atkins reiterated support for crypto projects and, jointly with the Commodity Futures Trading Commission, clarified the classification standards for digital asset securities. They plan to introduce an "innovation exemption" mechanism, allowing tokenized securities to be traded directly on-chain, ending the previous tough enforcement-led regulatory model. Coupled with the policy tilt of the Trump administration, this regulatory shift is seen as the most friendly policy environment in history, with strong expectations for institutional capital inflows.
Bitcoin has rebounded from a February low of $60,000 to around $77,500, with the market focusing on whether the current regulatory dividends can push it to stabilize above $80,000. Continued buying by institutions like MicroStrategy provides price support, while ETF capital inflows remain strong, with net inflows reaching $1.9 billion in seven days. Atkins is scheduled to speak at the Bitcoin Conference on April 27, which may further boost the market.
However, analysts warn that historical rallies are often followed by deep corrections, and macroeconomic risks persist, cautioning against potential "bull traps."