The SEC's regulatory efforts, particularly through initiatives like the #SECCryptoRoundtable could have a significant impact on Bitcoin. Clearer regulations would provide legal certainty, fostering greater institutional adoption and stability for Bitcoin. This could lead to more mainstream investment, such as through Bitcoin ETFs, enhancing its legitimacy. As the SEC works to define cryptocurrencies’ legal status, Bitcoin is likely to remain classified as a commodity, which could protect it from stricter securities regulations. Additionally, a more stable regulatory framework could reduce market volatility caused by uncertainty. However, Bitcoin may also face increased scrutiny over its environmental impact, as regulators push for sustainable practices. Ultimately, clearer guidelines could position Bitcoin for broader adoption, but its future depends on the specific regulations that emerge from these discussions.