Regulatory Clarity = Institutional Entry? Don't Forget They Are Cooler Than You

Every time the CLARITY Act is mentioned, the first reaction is: "Wall Street is rushing in!" As if waking up tomorrow, Bitcoin's market cap will double overnight.
But institutions are not retail investors who go all-in on news. They do the math.
If the structure bill passes, its biggest significance is clarifying asset classification, regulatory jurisdiction, and compliance pathways. In the long run, this is indeed a "financial infrastructure upgrade." But what institutions truly care about is not trending topics, but liquidity, tax arrangements, clearing rules, and custody risks.
To put it simply, the bill is a ticket, not a guarantee of profit.
From historical experience, after regulatory clarity is achieved, the market usually undergoes a "re-pricing" process. Projects will be re-evaluated, air coins may be eliminated, and assets with real cash flow and application scenarios will be more favored. There may be short-term volatility, but in the long term, the market will be healthier.
If the market truly rebounds because of policy, it is more likely a sentiment recovery rally rather than a reckless surge. Capital will enter in a measured way, not FOMO like retail investors.
So instead of dreaming that the "bill = get-rich-quick button," it's better to ask yourself: when the industry becomes more regulated, are the assets you hold able to withstand scrutiny?