CoinDesk analysis points out that direct ownership of Bitcoin entails hidden costs such as time, technical judgment, and operational discipline. Investors must bear risks including private key custody, Wallet maintenance, trade execution, and inheritance planning. Dovile Silenskyte, Director of Digital Asset Research at WisdomTree, suggests that investors should view Bitcoin market exposure and direct ownership as separate decisions. They can gain market exposure through professionally managed products like ETFs, entrusting tasks such as custody and protocol event handling to professionals.

Bryan Courchesne of DAiM added that the failure of the CLARITY Act did not fundamentally alter Bitcoin's long-term investment logic, but it has a greater impact on the broader digital assets industry's regulatory environment. Bitcoin already possesses relatively mature institutional infrastructure (including spot ETFs and regulated futures), while the failure of this bill will subject other digital assets and businesses to longer-term regulatory uncertainty.