The cryptocurrency has eased from a $47K high but is up 10% so far this year.
It's all about effectiveness, says consulting firm.
The SEC has until Wednesday to take action on at least one of the applications for bitcoin ETFs.
The agreement, negotiated by Senate Majority Leader Chuck Schumer and House Speaker Mike Johnson, sets the cap for the 12 annual spending bills at $1.59T.
Strategist Michael Wilson expects 'twists and turns' until greater certainty.
Money managers are bearish on continued gains for the US debt assets.
Undervalued European lenders may be heading for a stellar year.
Despite tough conditions in the region, the wealth and asset manager sees potential.
SEC staff members asked some exchanges and issuers seeking to list the ETFs to submit the final version of a key document as soon as Friday, sources said.
Futures are now pricing about 135 basis points of Fed rate cuts this year, down from more than 150 basis points earlier in the week.
