The reason behind tonight's big pump in $BTC: 1. The U.S. Commodity Futures Trading Commission (CFTC) has submitted new crypto regulatory rules to the White House for review—major bullish news. 2. The U.S. SEC introduced a new policy for tokenized stocks, pushing U.S. stocks toward 24/7 trading. Tokenization is expected to aid real-time inventory management and reduce the risk of naked short selling. 3. Over $300 million net inflow into Bitcoin spot ETFs in the past two days. 4. Rate hike bearish news has been priced in and turned bullish, bulls are starting to fight back.