Bitcoin ETFs Bleed $630M As The CLARITY Act Vote Begins l Mark Yusko

In this episode of *The Wolf of All Streets*, host Scott and guest Mark Yusko dive into the dramatic $630 million outflow from Bitcoin ETFs, contextualizing it as a symptom of market sentiment rather than a true indicator of Bitcoin's health. Yusko argues that the real drivers of market movement are macroeconomic forces—particularly the Federal Reserve's monetary policy, global money supply growth (especially in China), and geopolitical instability—rather than ETF flows. He critiques the upcoming Senate markup of the Clarity Act as a bank-protective measure disguised as regulatory clarity, and expresses skepticism about its impact on Bitcoin. Yusko also discusses the current state of crypto winter, asserting that the market has likely bottomed, supported by a rebound in Metcalfe’s Law valuation. He warns of potential margin call cascades in traditional markets as a catalyst for Bitcoin declines, citing historical parallels like March 2020. The conversation turns to AI mania, regulatory capture, and the dangers of speculative bubbles in overvalued tech stocks, with Yusko emphasizing disciplined investing, long-term accumulation, and the importance of real-time insight over outdated filings like 13Fs. The episode closes with a celebratory howl marking the end of the bear market, though not yet the bull market.