Bitwise's Chief Investment Officer, Matt Hougan, has highlighted how regulatory ambiguity has impeded the $20 trillion financial advisory sector from delving deeper into cryptocurrencies. Recent shifts in the political landscape, particularly with Democrats pushing to annul SAB 121 and the House passing FIT21, signal a dawn of regulatory transparency. This newfound clarity holds the potential to substantially propel the growth of the crypto market. Despite President Joe Biden's veto on the repeal of SAB 121, Hougan maintains optimism for a favorable resolution. He views the SEC's green light on spot Ether ETFs as a promising development. Hougan envisions a bright future for crypto adoption once the industry witnesses these awaited regulatory alterations.