The U.S. Commodity Futures Trading Commission (CFTC) has signaled that a formal regulatory framework for cryptocurrencies is imminent, indicating that the regulatory environment will shift from ambiguity to clear rules. This move, along with proactive enforcement and coordinated efforts with the U.S. Securities and Exchange Commission (SEC) to classify assets, aims to unlock institutional capital that is currently restricted by legal uncertainties. The market may have already priced in this expectation of regulatory clarity before the official rulebook is published, anticipating that cryptocurrencies will be recognized as a legitimate asset class, leading to a structural transformation.