White House Says Trillions Await Bitcoin Pending U.S. Regulatory Clarity

A senior White House official said “trillions of dollars” in institutional capital remain on the sidelines awaiting federal regulatory clarity before entering Bitcoin and broader crypto markets, and described passage of the Digital Asset Market Clarity Act of 2025 (CLARITY Act) as a top legislative priority for the administration ^[1].

The U.S. Senate is set to review a Bitcoin and crypto market structure bill, a move that supporters frame as a potential catalyst for institutional participation; market participants are reportedly positioning for volatility around the discussion while the bill’s scope and implementation timeline remain uncertain ^[2].

Treasury Secretary Scott Bessent has urged Congress to move quickly on the CLARITY Act and criticized industry actions that he says have impeded clear legal rules, arguing that faster legislative action would stabilize markets and give firms clearer standards for allowed activity ^[3][5].

Separately, the SEC’s Division of Corporation Finance announced “Project Crypto,” an initiative to replace an enforcement-first posture with structured, rule-based guidance for digital assets, part of broader efforts by regulators and the administration to provide clearer frameworks for market participants ^[4][1].

Policy developments this week — including Senate review of market-structure legislation and regulatory initiatives from the SEC and the White House — will shape whether institutional capital on the sidelines moves into crypto markets, but timing and final content of rules and law remain unresolved ^[2][4][1].