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Adam Lynch: Bitcoin Dips, Inflows Rise; Clarity Act Could Spark Bigger Crypto Rally
Lynch: BTC/Ethereum net inflows strengthen bull case; Clarity Act passage isn’t priced in and could accelerate gains; Nasdaq invests $100M in Kraken parent Payward.
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What stands out
Nasdaq’s $100 million investment in Payward (Kraken’s parent) signals a deliberate push into crypto infrastructure — a strategic move that matters for the company’s longer-term revenue mix. That corporate action lands against a mixed signal set: bullish fundamentals but short-term price weakness.