According to CoinMeta, the market's expectation for the approval time of CLARITY Act has shifted to 2027, as Senate leaders were unable to initiate the voting process earlier. Kalshi traders have become more skeptical about Congress completing the work on CLARITY Act in 2026, with related contracts showing that the probability of the bill taking effect before July 1, 2027, has dropped to 41%. Nevertheless, traders still expect the bill to move forward over a longer time frame, with over 5.42 million US dollars already traded in the Kalshi market. Bitwise's Chief Investment Officer Matt Hougan pointed out that despite the Senate's failure to take action before the recess, the digital asset industry still has the potential to continue growing.