PANews reported on April 26 that, according to Forbes, SEC Chairman Atkins reiterated the commitment to "Project Crypto" and, in conjunction with the CFTC, clarified the classification standards for crypto asset securities, proposing to grant "innovation exemptions" to allow tokenized securities to be traded directly on-chain, ending the previous high-pressure model of "enforcement instead of regulation." Coupled with support from the Trump administration, this regulatory shift is seen as the most favorable policy in history, with strong expectations of institutional investment entering the market.
Bitcoin has rebounded from its February low of $60,000 to around $77,500, with the market focused on whether the current regulatory benefits can help it stabilize above $80,000. Continued buying by institutions like MicroStrategy is providing support for the price; meanwhile, ETF inflows are strong, with a net inflow of $1.9 billion over seven days.
Atkins will deliver a speech at the Bitcoin conference on April 27, which may further boost the market. However, analysts warn that historical rallies have been followed by deep corrections, and macroeconomic risks remain, so caution is advised against a potential "bull trap."
