🚨 Democratic midterm sweep puts crypto regulation in limbo as $BTC ETFs see heavy outflows. Democrats now control both chambers. Analysts (incl. TD Cowen) say the CLARITY Act is effectively dead for at least two years. Spot Bitcoin ETFs recorded >$500M in net outflows Thursday (part of >$1.1B this week) while $BTC failed to hold the $81k bounce and trades near $76k amid the broader tech selloff. Regulatory gridlock raises volatility risk even as the CFTC continues agency-level rulemaking. Institutional flows remain highly sensitive to policy clarity. How are you positioning through this uncertainty? 🧐 #NK10 #Bitcoin #Crypto #BTC
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