I sold my IBIT stock to lock in recent gains ahead of a potentially pivotal week for crypto policy. With Washington preparing to vote on the GENIUS and CLARITY Acts, the digital asset industry may finally get long-awaited regulatory clarity. While this could attract institutional inflows and boost the broader market over time, I chose to take profits now amid heightened volatility and uncertainty around the final legislation. I remain bullish on crypto long-term but prefer to wait for a clearer regulatory outcome before re-entering.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Close | 67.25 24 | +34.19% Closed |
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