Senate bill and ETF flows pull market in conflicting directions: Crypto market outlook

2026-01-16 14:35:44

Source: CryptoNewsNet Original Title: Senate bill, ETF flows pull market in conflicting directions: Crypto Daybook Americas Original Link: Major cryptocurrencies are experiencing a period of calm as the week’s two dominant themes—the delay of a U.S. crypto bill and spot ETF inflows—offer contrasting stories.

The Senate Banking Committee’s delay in discussing the market structure bill, which includes a proposal to ban stablecoin yield payments, has soured the industry mood, with certain major platforms withdrawing their backing for the legislation. This serves as a reality check: legal hurdles remain sticky and complex, even under a pro-crypto administration.

Some analysts have warned that a failure to pass this bill could trigger a crypto winter, a prolonged downturn like the ones in 2022 and 2018.

On the other hand, renewed inflows into U.S.-listed spot exchange-traded funds signal bullishness. These ETFs have attracted a net $1.81 billion this week, the largest inflow since October, according to available data. Analysts view this as institutional re-entry and structural accumulation, not speculative leverage.

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