# GCR Weekly *TOKEN2049 Discount Code, CME Turns Net Long & Bitcoin ETFs Attract $853.5M* By [GCR](https://paragraph.com/@globalcoinrsrch) · 2026-08-10 newsletter, crypto, market, bitcoin --- ![](https://storage.googleapis.com/papyrus_images/61ac751e840dc474df88f58705a63b13d4d9caf4edbc66dab34541d0ac0a0340.webp) TOKEN2049 Singapore 2026 ------------------------ ### GCR is proud to be a Community Partner of TOKEN2049 Singapore 2026. 🇸🇬 The world’s largest crypto event returns to Marina Bay Sands on 7–8 October 2026. As a GCR community member, use code **GCR** to get **10% off General Access tickets**. Click the button below to get your ticket! See you in Singapore! [GET YOUR TICKET HERE](https://tickets.token2049.com/token2049-singapore-2026/?promo=GCR) * * * **Summary of the Week** ----------------------- Bitcoin rose to around $65K as Iran–Oman deal talks eased concerns around the Strait of Hormuz, while an unexpected decline in U.S. July payrolls pushed traders to price out a September Fed rate hike. CME leveraged funds turned net long, and U.S. spot Bitcoin ETFs attracted $853.5M in weekly inflows, the strongest since mid-April. Bitcoin's BVIV volatility index also fell to its lowest level since 2025. Meanwhile, Strategy sold another 1,690 BTC for $108.6M, reducing its holdings to 840,447 BTC. Deposits into lending platforms and DEXs more than tripled YoY to $7.4B, driven by tokenized Treasuries, private credit and gold. Institutional expansion continued across crypto and traditional finance. Robinhood began rolling out crypto trading to eligible UK customers through Bitstamp, bringing more than 50 digital assets into its main investing app. Reports also revealed that Coinbase offered as much as $2.5B for BVNK before the stablecoin infrastructure company's founders ultimately chose Mastercard's lower $1.8B offer, reportedly due to better cultural fit. Wintermute registered a U.S. subsidiary as an SEC and FINRA broker-dealer as it prepares to expand beyond crypto into traditional equities and commodities. On the policy front, the Senate delayed a vote on the Clarity Act until lawmakers return from their August recess, extending uncertainty around U.S. crypto market structure legislation. Meanwhile, the CFTC cautioned prediction markets over the use of American-style "moneyline" betting odds. ![](https://paragraph.com/editor/callout/information-icon.png) _Stay on top of crypto markets, emerging narratives, and new opportunities._ [**_Follow us on X_**](https://x.com/Globalcoinrsrch)_._ * * * **Latest Deal Highlight** ------------------------- **A robotics company building an operating system for physical-world computing**, founded by a co-founder of one of the world’s largest ride-hailing platforms. The company develops specialized autonomous systems across food production, mining, and transportation, targeting immediate cost savings, high-margin recurring software revenue, and potential distribution through one of the world’s largest mobility networks. The company is raising at a **multi-billion-dollar valuation, with the round led by one of the world’s most prominent VC firms** and backed by a major global mobility platform and several top-tier institutional investors. [Find Out More](https://t.me/gcrx_bot) * * * Crypto Markets -------------- Bitcoin continues to trade between **$62K and $65K**, with little change in the overall structure. Despite a low volume week, price has remained surprisingly resilient, showing little reaction to continued selling from Strategy. Positioning is becoming more interesting. CME leveraged funds have turned net long as weaker futures yields continue to undermine the once popular basis trade, while CVD shows strong buying on Binance, OKX and Bybit. **For now, $65K remains the key level to break. A clean move above it could open the door for further upside, while $62K remains the local range support.** **Total Market Cap**: 2.2T **BTC Dominance**: 58.8% **Fear and Greed Index**: 30 (Fear) ![](https://storage.googleapis.com/papyrus_images/12bec3ba5084830805581806758a90cb335d62c8fa38a246c75fe4f21ea4ef01.png) Source: Velo General News ------------ * [Bitcoin steadies above $65K as Iran–Oman talks ease Hormuz concerns](https://www.coindesk.com/markets/2026/08/10/bitcoin-steadies-above-usd65-000-as-iran-oman-deal-talk-eases-hormuz-concerns-lifts-risk-assets?utm_source=chatgpt.com) * [Bitcoin ETFs attract $853M as BlackRock's IBIT takes the bulk of inflows](https://www.coindesk.com/markets/2026/08/09/bitcoin-investors-pour-usd853-million-into-spot-etfs-blackrock-s-ibit-claims-the-bulk?utm_source=chatgpt.com) * [CME hedge funds turn net long Bitcoin in rare positioning shift](https://www.coindesk.com/markets/2026/08/10/a-rare-cme-shift-hedge-funds-abandon-structural-shorts-to-bet-on-a-bitcoin-rally?utm_source=chatgpt.com) * [Inside BVNK's $1.8B acquisition by Mastercard](https://www.coindesk.com/business/2026/08/10/inside-stablecoin-firm-bvnk-s-journey-to-a-usd1-8b-acquisition-by-mastercard?utm_source=chatgpt.com) * [Strategy sells another 1,690 BTC for $108.6M](https://www.theblock.co/news/business/2026-08-10-michael-saylor-strategy-bitcoin-treasury-411237?utm_source=chatgpt.com) * [BitMine adds another 7,391 ETH](https://www.theblock.co/news/business/2026-08-10-bitmine-adds-7391-eth-411265?utm_source=chatgpt.com) * [Robinhood rolls out UK crypto trading through Bitstamp](https://www.theblock.co/news/business/2026-08-10-robinhood-uk-crypto-trading-bitstamp-411140?utm_source=chatgpt.com) * [Tokenized RWA deposits triple to $7.4B as broader DeFi contracts](https://www.theblock.co/news/defi/2026-08-06-tokenized-rwas-triple-deposits-to-7-4-billion-as-broader-defi-contracts-15-coinshares-411015?utm_source=chatgpt.com) * [Wintermute registers as SEC broker-dealer to expand into traditional markets](https://www.theblock.co/news/regulation/2026-08-06-wintermute-registers-as-sec-broker-dealer-to-trade-stocks-options-and-crypto-etfs-411060?utm_source=chatgpt.com) * [Hyperliquid's RWA perps boom puts pressure on revenue backing HYPE](https://www.coindesk.com/business/2026/08/09/hyperliquid-s-rwa-perps-boom-is-eating-into-the-revenue-that-backs-hype?utm_source=chatgpt.com) Regulatory & Policy ------------------- * [Senate sets up Sept. 15 Clarity Act vote after Thune files cloture](https://www.theblock.co/news/regulation/2026-08-08-majority-leader-thune-files-cloture-on-clarity-act-setting-up-sept-15-senate-vote-411211?utm_source=chatgpt.com) * [CFTC cautions prediction markets over American-style moneyline betting odds](https://www.theblock.co/news/regulation/2026-08-07-cftc-cautions-prediction-markets-american-style-moneyline-betting-odds-bloomberg-411178?utm_source=chatgpt.com) * * * **_DISCLAIMER_**_: Investing carries with it inherent risks, including but not limited to technical, operational, and human errors, as well as platform failures. The content provided is purely for educational purposes and should not be considered as financial advice. The authors of this content are not professional or licensed financial advisors and the views expressed are their own and do not represent the opinions of any organization they may be affiliated with. This content is intended solely for members of GCR and may not be redistributed._ --- *Originally published on [GCR](https://paragraph.com/@globalcoinrsrch/gcr-weekly-10-august)*