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Senate Clears CLARITY Act Hurdle, Record $2.44B BTC ETF Inflows

CLARITY Act stablecoin yields finalized, record Bitcoin ETF inflows, Ethereum Foundation $47M ETH sales, Tether $1B Q1 profit, miners pivot to AI, $500M Iranian crypto seized.

1. CLARITY Act Stablecoin Yields

Finalized rules allow "bona fide" stablecoin transactions but block bank-like yield products. Senate cleared the compromise — biggest legislative hurdle for crypto market structure is now behind us.

2. Institutional Bitcoin Flows

April net inflows into spot BTC ETFs hit $2.44B — a record. AIMCo, Canada's largest pension fund, re-entered via Strategy and is up $69M. Bitcoin holding above $78K.

3. Ethereum Foundation Sales

Another 10,000 ETH sold to BitMine (~$23M), totaling ~$47M in liquidations this year. The pace is consistent — roughly $15M/month in OTC deals.

4. Tether Financials

$1.04B Q1 profit. Reserve buffer at $8.23B. Started formal audits on $141B US Treasury holdings. Transparency is improving.

5. Miner AI Pivot

Riot Platforms: $167M Q1 revenue, $33M from new data center services. Miners aren't just mining anymore — they're becoming AI infrastructure companies.

6. Regulatory Crackdowns

US seized $500M in Iranian crypto assets (largest ever). South Korea seeking 20-year sentence for Delio CEO after $169M fraud. Enforcement is ramping up globally.

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