Edelman: 95% of Sitting-Out Institutions May Finally Press "Buy Crypto" If CLARITY Act Lands 🚀

The CLARITY Act could unlock the vast majority of institutional capital that has so far stayed on the sidelines of crypto, according to Ric Edelman, founder of the Digital Assets Council of Financial Professionals. Edelman said 95% of institutions that do not currently own crypto have indicated they plan to allocate to digital assets for the first time this year, citing a CoinDesk interview. He added that three-quarters of institutions already allocated to crypto have said they intend to increase their positions.

Speaking against a backdrop of muted market sentiment and ongoing regulatory uncertainty, Edelman argued that crypto prices are not capturing the scale of activity happening across the industry. "Crypto prices are not reflecting what's happening in the world of crypto," he said, pointing to widening adoption and infrastructure work at major Wall Street firms. He named BlackRock, JPMorgan, Morgan Stanley, Franklin Templeton, State Street, Invesco and Fidelity among the firms expanding their blockchain and tokenization efforts.

Edelman also reiterated a $BTC price target of $150,000 or higher, framing the legislation as a potential catalyst for the institutional inflows he described. He emphasized that investor behavior remains short-term oriented even as allocations and infrastructure commitments grow, suggesting the market has yet to fully price in the pending policy shift.