#CryptoIn401k Broader market developments worth noting:
“Crypto summer” is officially here: Public market enthusiasm is surging, with firms like Bullish going 6× oversubscribed in IPOs. Listings from Galaxy Digital, Circle, and eToro, plus interest from Blackstone and Ark Invest, reflect sustained institutional confidence.
A major regulatory push is underway: U.S. SEC Chair Paul Atkins launched Project Crypto, aiming to classify digital assets more clearly and support tokenized financial products, signaling a decisive shift from previous regulatory rigidity.
The GENIUS Act has become law (signed July 18, 2025), instituting stricter standards for stablecoin backing, audits, and transparency—adding further structure to the stablecoin ecosystem.
In the treasury space, previous momentum might be plateauing. Mike Novogratz commented that while crypto treasuries spurred early growth, newer entrants may find it harder to differentiate.
On the altcoin front, Ethereum is outperforming, receiving record net inflows into spot ETFs over 19 consecutive days and leading a shift in market share away from Bitcoin.
A critical long-term risk is emerging: quantum computing poses a cryptographic threat to Bitcoin and blockchain security—experts say a breakthrough in this area could jeopardize older wallets and prompt urgent adoption of quantum-resistant solutions.