The market is celebrating the CLARITY Act like regulation suddenly fixed everything overnight 😂 Yeah, the Senate Banking Committee pushed it forward with a 15-9 vote… but almost nobody wants to talk about what happened at the exact same time. On May 13 alone, spot $BTC ETFs saw a brutal $635M net outflow — the biggest single-day exit since January. Institutions were quietly hitting the door while Crypto Twitter was busy posting “bullish” everywhere 👀 And the bill itself? Still far from done. More than 100 amendments are sitting on the table right now. Stablecoin yield rules, token classifications, regulatory definitions… all still messy. This thing hasn’t even reached the full Senate vote yet. Meanwhile the market absorbed another $770M in token unlocks. PYTH alone released 2.13B tokens worth over $92M into circulation while traders kept pretending liquidity isn’t a problem. $BTC sitting around $77K with volatility collapsing to 2.3% honestly feels uncomfortable. Not peaceful. Just tense. Because at the macro level, inflation is still ruining the party. CPI came hotter. PPI jumped to 6%. Rate cut hopes got punched in the face again. So now you’ve got retail traders cheering regulation headlines… while institutions quietly reduce exposure in the background. One side is posting rocket emojis 🚀 The other side is moving real money. Soon enough, the chart will show which side was right. 👀 $BTC #FedMeetsNVIDIAMay20 #GoldmanCryptoPivot #OKXPizzaDay