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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
08/07/2026

Aug 7: Bitcoin ETFs Attract $626M in Three-Day Inflow Streak

Wintermute USA Registers as SEC Broker-Dealer for Crypto and Stocks · CASHCAT Surges 120% as Robinhood Chain TVL Climbs to $774 Million · Tokenized RWA Deposits Triple to $7.4B as DeFi Shrinks 15%

Aug 7: Bitcoin ETFs Attract $626M in Three-Day Inflow Streak

Market Snapshot

  • Bitcoin (BTC): $64,321.25 (-0.50% 24h)
  • Ethereum (ETH): $1,903.96 (-0.34% 24h)
  • Solana (SOL): $72.65 (-1.92% 24h)
  • Notable number: US spot Bitcoin ETFs attracted $244.4M in net inflows on Wednesday, marking a three-day streak totaling $626M (Cointelegraph).

Top Stories

Key Takeaways

  • Speculative memecoins continue to drive early adoption on new L2s, often outpacing intended use cases like tokenized RWAs.
  • Institutional demand for Bitcoin remains resilient, with ETF inflows persisting despite lackluster price action.
  • On-chain tokenization of traditional assets is accelerating, even as broader DeFi activity contracts.
  • Major market makers are deepening their regulatory footprint, signaling further convergence of TradFi and crypto.

What to Watch

All eyes are on Robinhood Chain as subsidized gas fees are set to expire in late September, potentially testing the sustainability of current TVL and memecoin activity. The evolving regulatory landscape for crypto market makers in the US, especially following Wintermute’s SEC registration, could reshape liquidity provision. Finally, continued growth in tokenized RWA adoption may further shift the balance between speculative and utility-driven DeFi.