Geopolitics Alpha

How the Clarity Act's Defeat Handed the SEC and CFTC the Wheel on Crypto

Published . Updated .

The Clarity Act failed to advance in the Senate, shifting the industry’s focus to a new wave of action from the SEC and CFTC.

Directly affected

  • CRCW Crypto

    Named in this report.

Indirectly affected

  • IBIT iShares Bitcoin Trust

    This price moves with the crypto market

  • COIN Coinbase

    The crypto exchange moves with trading volumes

  • MSTR Strategy

    This company's value is tied to its bitcoin holdings

  • MARA MARA Holdings

    Bitcoin miners move with the bitcoin price

  • RIOT Riot Platforms

    Bitcoin miners move with the bitcoin price

  • HOOD Robinhood

    Retail trading apps move with crypto volumes

  • BITW BITWISE 10 CRYPTO INDEX ETF SHS REPSTG UNIT BEN INT

    GA selected BITW as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • BLOX NICHOLAS CRYPTO INCOME ETF

    GA selected BLOX as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • EZPZ FRANKLIN CRYPTO INDEX ETF

    GA selected EZPZ as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • FDIG FIDELITY CRYPTO INDUSTRY AND DIGITAL PAYMENTS ETF

    GA selected FDIG as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
CRCW———————
IBIT———————
COIN———————
MSTR———————
MARA———————
RIOT———————
HOOD———————
BITW———————
BLOX———————
EZPZ———————
FDIG———————

The Clarity Act failed to advance in the Senate, shifting the industry’s focus to a new wave of action from the SEC and CFTC.

Source: Decrypt

How far Bitwise 10 Crypto Index ETF (BITW) has moved since 19 Sep 2026

Since the first closing price after “How the Clarity Act's Defeat Handed the SEC and CFTC the Wheel on Crypto,” Bitwise 10 Crypto Index ETF (BITW) is -7.02%. The S&P 500 fund (SPY) is -0.89% over the same days, a -6.12% difference versus the market.

BITW
SPY

Who gains and who loses around Bitwise 10 Crypto Index ETF (BITW)

Companies carried with this story

  • BITW Bitwise 10 Crypto Index ETF

    For “How the Clarity Act's Defeat Handed the SEC and CFTC the Wheel on Crypto,” Bitwise 10 Crypto Index ETF (BITW) is linked, with no stored direction, medium confidence. Reason on file: GA selected BITW as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BLOX Nicholas Crypto Income Etf

    Nicholas Crypto Income Etf (BLOX) is linked, with no stored direction, medium confidence in the 19 Sep 2026 story “How the Clarity Act's Defeat Handed the SEC and CFTC the Wheel on Crypto.” Reason on file: GA selected BLOX as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • EZPZ Franklin Crypto Trust

    In “How the Clarity Act's Defeat Handed the SEC and CFTC the Wheel on Crypto,” Franklin Crypto Trust (EZPZ) is linked, with no stored direction, medium confidence. Reason on file: GA selected EZPZ as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • FDIG Fidelity Crypto Industry And Digital Payments Etf

    For “How the Clarity Act's Defeat Handed the SEC and CFTC the Wheel on Crypto,” Fidelity Crypto Industry And Digital Payments Etf (FDIG) is linked, with no stored direction, medium confidence. Reason on file: GA selected FDIG as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • GDLC Grayscale CoinDesk Crypto 5 ETF

    In “How the Clarity Act's Defeat Handed the SEC and CFTC the Wheel on Crypto,” Grayscale CoinDesk Crypto 5 ETF (GDLC) is linked, with no stored direction, medium confidence. Reason on file: GA selected GDLC as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • WEEL Peerless Option Income Wheel Etf

    For “How the Clarity Act's Defeat Handed the SEC and CFTC the Wheel on Crypto,” Peerless Option Income Wheel Etf (WEEL) is linked, with no stored direction, medium confidence. Reason on file: GA selected WEEL as a RELATED security because its canonical security name directly matches this event's themes: wheel. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Bitwise 10 Crypto Index ETF (BITW)

The 19 Sep 2026 story “How the Clarity Act's Defeat Handed the SEC and CFTC the Wheel on Crypto” names Bitwise 10 Crypto Index ETF (BITW) because of this story.

For Bitwise 10 Crypto Index ETF (BITW), the reason on file says GA selected BITW as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Also listed, Nicholas Crypto Income Etf (BLOX): GA selected BLOX as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Dates in the story, and the Bitwise 10 Crypto Index ETF (BITW) price range

BITW traded between 51.43 and 56.92 across 20 sessions. The latest close on file is 52.47. BLOX traded between 11.35 and 15.12 across 20 sessions. The latest close on file is 11.52. EZPZ traded between 20.36 and 21.94 across 12 sessions. The latest close on file is 20.59.

A simple score for Bitwise 10 Crypto Index ETF (BITW)

46 out of 100

“How the Clarity Act's Defeat Handed the SEC and CFTC the Wheel on Crypto” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.