News

BlockBeats News, June 29 — According to the latest report from Galaxy Research, the likelihood of the US "CLARITY Act" (Digital Asset Market Structure and Investor Protection Act) being enacted by 2026 has been lowered from 60% three weeks ago to 50%, due to the continued compression of the Senate legislative calendar. The report notes that although the bill passed the Senate Banking Committee review in May and was placed on the Senate legislative agenda, a unified text from the Banking and Agriculture Committees has not yet been formed, nor has a full Senate vote been scheduled. Galaxy Research states that if the bill aims to complete its review before the August congressional recess, the Senate Majority Leader must schedule a vote by early July at the latest. Otherwise, the legislative process will likely be delayed until September and be affected by political factors related to the midterm elections. Meanwhile, the FY2027 National Defense Authorization Act and other priority items are also continually taking up Senate voting time. In addition, there are still disagreements on key parts of the bill, including conflict-of-interest clauses and developer protection provisions in the Blockchain Regulatory Certainty Act (BRCA), which require further bipartisan support. If a unified bill text is released, major disputes resolved, and a July vote is officially scheduled in the coming weeks, the probability of the bill passing could rise back above 60%. However, if there is no substantial progress by mid-July, the probability could decrease further.

June 29 news, according to SoSoValue data, during last week's trading days (Eastern Time June 22 to June 26), Ethereum spot ETFs experienced a net outflow of 273 million US dollars. The Ethereum spot ETF with the largest net outflow last week was BlackRock's ETF ETHA, with a weekly net outflow of 236 million US dollars. Currently, ETHA’s historical total net inflow has reached 11.08 billion US dollars. The second largest was Grayscale's Ethereum Mini Trust ETH, with a weekly net outflow of 22.2239 million US dollars. Currently, ETH’s historical total net inflow has reached 1.83 billion US dollars. The Ethereum spot ETF with the largest net inflow last week was Bitwise ETF ETHW, with a weekly net inflow of 557 thousand US dollars. Currently, ETHW’s historical total net inflow has reached 385 million US dollars. As of press time, the total net asset value of Ethereum spot ETFs is 8.38 billion US dollars, the ETF net asset ratio (market value as a percentage of Ethereum's total market value) is 4.42%, and the historical cumulative net inflow has reached 10.9 billion US dollars.

Golden Ten Data reported on June 29 that the Offshore RMB Hong Kong Interbank Offered Rate (CNH HIBOR) on Monday showed declines for most key tenors. The overnight HIBOR fell by 12 basis points to 1.40682%, reaching a new low since June 8. The one-week HIBOR edged down to 1.67212%, the two-week HIBOR fell to 1.66849%, and the one-year HIBOR edged down to 1.75000%.