Bits + Bips: Why Bitcoin Has the Least to Gain From the Clarity Act
Unchained | Jul 25 2026 | 00:09:00
Cole Kennelly, founder and CEO of Volmex Labs, traces why BVIV and BVIV-US diverge around IBIT's regulated options market, makes the case that Ethereum, Solana, and Hyperliquid have more to gain from the Clarity Act than Bitcoin, and shares his outlook for an increasingly institutional crypto market by year-end.
Host:
Steven Ehrlich, Head of Research at Sharplink
Guest:
Cole Kennelly - Founder and CEO of Volmex Labs
This clip is from a longer conversation on the Clarity Act's uneven impact across crypto and Volmex's institutional outlook for the market. Full episode here: https://youtu.be/9SUeqeInZws?si=gF6-ZEEy-BED-yJa
We go live every Monday - subscribe to catch it live.
Sponsor
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Chapters:
🎙️ 00:00 The BVIV vs. IBIT options divergence — and what it's telling traders
📊 00:31 Regulated vs. offshore: how IBIT and BVIV-US stack up
⚖️ 02:16 Why Ethereum, Solana, and Hyperliquid have more riding on Clarity than Bitcoin
⏱️ 05:11 How far out Volmex's term structure actually reaches
🔮 05:23 Cole's read on where an increasingly institutional crypto market goes next
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Host:
Steven Ehrlich, Head of Research at Sharplink
Guest:
Cole Kennelly - Founder and CEO of Volmex Labs
This clip is from a longer conversation on the Clarity Act's uneven impact across crypto and Volmex's institutional outlook for the market. Full episode here: https://youtu.be/9SUeqeInZws?si=gF6-ZEEy-BED-yJa
We go live every Monday - subscribe to catch it live.
Sponsor
Cape: Your biggest crypto vulnerability isn't your wallet, it's your phone number. Cape is America's privacy-first mobile carrier that rotates your SIM identity daily and blocks SIM swaps before they happen. Get 33% off your first six months at https://cape.co/unchained (use code: UNCHAINED).
Chapters:
🎙️ 00:00 The BVIV vs. IBIT options divergence — and what it's telling traders
📊 00:31 Regulated vs. offshore: how IBIT and BVIV-US stack up
⚖️ 02:16 Why Ethereum, Solana, and Hyperliquid have more riding on Clarity than Bitcoin
⏱️ 05:11 How far out Volmex's term structure actually reaches
🔮 05:23 Cole's read on where an increasingly institutional crypto market goes next
Learn more about your ad choices. Visit megaphone.fm/adchoices