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Good news has completely turned into a black swan: a 14% chance of passing, why should I pay for you?
The bill has been postponed. No vote in August, earliest on September 15.
On Polymarket, the passing probability dropped from 70% to 14%, TD Cowen directly said there's a 75% chance it won't pass.
What's even more painful is the data—In May, XRP ETF still had a net inflow of 130 million, but by July it was only 27 million, down 79%. Money is fleeing faster than anyone else.
Think about it—
Where exactly is this bill stuck?
The Democrats are holding onto the official stock ownership restrictions. The plan is: if holdings exceed 1 million or 10%, you have to sell. Sounds reasonable? But the enforcement power is entirely given to the Department of Justice, which means "insiders investigating insiders." Who would accept these conditions?#CPIToResetFedBets #AIInfraEarningsWatch #Gold4400HavenBid
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