On July 18, 2025, the S&P 500 reached a record high driven by increases in crypto stocks following the enactment of the GENIUS Act. Key industry figures and political leaders were present for this significant event.
S&P 500's Record Achievement
On July 18, 2025, the S&P 500 index hit a new record, attributed to the surge in crypto equities. The signing of the GENIUS Act initiated this trend, providing regulatory certainty that stimulated both institutional and retail investments.
Impact of the GENIUS Act on Crypto Market
The GENIUS Act, enacted by the Trump administration, marks a pivotal moment for the crypto industry. Government support has led to increased investments in crypto-related stocks and ETFs. Market participants are showing greater interest in investments due to enhanced regulatory clarity, resulting in positive momentum.
Future of Crypto Investments
Continued adoption of cryptocurrencies is expected to evoke substantial institutional investment interest in blockchain technologies. Historically, similar legislation has led to increases in market value and investor engagement. This could lead to better regulatory frameworks favoring more active institutional participation in the crypto market.
The enactment of the GENIUS Act is linked to positive changes in the crypto industry, which may foster increased interest and investment in cryptocurrencies, creating new market opportunities.