The Digital Asset Market Clarity Act remains stalled after the Senate failed to invoke cloture on a motion to proceed to H.R. 3633 by 49 votes to 50, below the 60 votes needed to begin debate. The White House blamed major banks, saying concerns that stablecoins could draw deposits from traditional lenders helped block the legislation. The House passed the bill 294-134 in July 2025. Its Senate prospects were also constrained by disputes over ethics provisions involving senior officials' digital-asset interests, state enforcement authority and stablecoin rewards. Citi said the setback had not interrupted Bitcoin's rebound and shifted market attention toward SEC rulemaking on trading, tokenized assets and market access, while limiting the CFTC's near-term prospects for comprehensive spot-market authority. CFTC Chairman Michael Selig said regulators must prepare for large-scale tokenization, blockchain-based finance and 24/7 trading under existing authority. U.S. spot Bitcoin ETFs recorded $715 million of net inflows and spot Ether ETFs recorded $162 million in the latest reported session, although the bill's legislative outlook remains uncertain.