**Bitcoin Reaches New Record High of $76K, ETFs Attract $620M Inflows**

Bitcoin has shattered its previous records, soaring to an unprecedented $76,000 and attracting significant attention from investors. This milestone has been accompanied by substantial cash inflows, with Exchange-Traded Funds (ETFs) pulling in an impressive $620 million.

Simultaneously, the market is seeing a surge in ADA-denominated open interest on futures contracts, which has jumped to 858 million ADA, translating to over $500 million at present rates. Open interest, signifying the number of unsettled futures contracts, typically indicates new investment and a forecast of increased market volatility.

These developments cap off a bullish week sparked by notable political and economic shifts. The election of Republican Donald Trump as U.S. President and a series of rate cuts by the Federal Reserve on Thursday have provided broad support for the growth of major digital tokens.

Adding further fuel to the speculative fervor around ADA is Charles Hoskinson's pledge to influence U.S. crypto policy. During a podcast on Friday, Hoskinson confirmed plans to invest significant efforts working with lawmakers in Washington D.C. "I'm going to be spending quite a bit of time working with lawmakers in Washington DC to help foster and facilitate with other key leaders in the industry with the crypto policy," said Hoskinson.

Hoskinson, the driving force behind the Cardano development lab Input Output, unveiled intentions to establish a local office in the capital for policy development endeavors. He expressed his aspiration to actively participate in shaping the policy landscape under the incoming Trump administration.

With these unfolding events, the cryptocurrency landscape is poised for continued evolution, supported by strategic legislative engagements and substantial financial movements.