While many traders expect the CLARITY Act to spark a major Bitcoin rally, Brian Dixon says the market may not react immediately. Speaking alongside Grant Cardone at the 10X Conference, Dixon said, “The day after, I don’t think it does much,” referring to Bitcoin’s short-term price action if the bill passes.
Instead, Dixon argued that the legislation’s true impact would likely unfold much later. the CLARITY Act is not about creating an instant “green candle,” but about building long-term confidence around crypto markets.
Dixon explained that the biggest effects could play out gradually over the next 6 to 18 months as regulatory clarity encourages major institutions to enter the market more aggressively.
“I think that’s what gives these major companies and major institutions the green light,” Dixon said. He added that firms could begin to “systematically, quarter by quarter, deploy 10 billion, 20 billion, 50 billion per organization.”
According to Dixon, large corporations and institutional investors are still waiting for clearer crypto regulations before making serious Bitcoin allocations. Once that framework exists, he expects steady institutional accumulation rather than one explosive move.
“That gradual accumulation is the bigger story,” Dixon suggested, emphasizing that long-term capital flows matter more than short-term market hype.
Middle East Sovereign Funds Are Already Buying
Dixon also highlighted the growing role of sovereign wealth funds, particularly in the Middle East. He explained that many international funds closely watch how the United States handles crypto regulation before increasing exposure to digital assets.
He pointed specifically to Mubadala, the Abu Dhabi sovereign wealth fund, saying the group has already been “systematically acquiring this Bitcoin when they think it’s at a discount.”
According to Dixon, clearer U.S. regulations could encourage these funds to scale up purchases even further.
‘It’s a Structural Floor’
For Dixon, the CLARITY Act is ultimately about creating market infrastructure rather than triggering a short-term rally. His message throughout the discussion remained consistent: Bitcoin may not explode overnight after the bill passes, but the legislation could lay the structural foundation institutions have been waiting for before committing large-scale capital to crypto markets.
