The crypto market saw significant developments as spot Bitcoin ETFs recorded $211.49 million in daily net inflows, BlackRock expanded tokenized fund offerings in Europe, Uniswap entered the lending space, and SpaceX reduced its crypto exposure.
Bitcoin ETF Inflows Surge
According to SoSoValue, U.S. spot Bitcoin ETFs saw total net inflows of $211.49 million. BlackRock’s IBIT led with $170.35 million in daily inflows, bringing its historical total to $60.76 billion. Fidelity’s FBTC followed with $19.58 million, reaching a cumulative $9.97 billion. The total net asset value of Bitcoin spot ETFs now stands at $78.26 billion, with an ETF net asset ratio of 6.06% and historical cumulative net inflows of $51.71 billion.
BlackRock Tokenizes $311 Billion in European Money Market Funds
On August 4, 2026, BlackRock introduced 12 tokenized share classes tied to six of its Institutional Cash Series (ICS) money market funds in Europe. This marks the firm’s first tokenized fund access in the region. The six funds collectively hold $311 billion in assets under management as of June 30, 2026. Only the tokenized share class operates on blockchain, and BlackRock expects initial adoption to be modest, growing as institutional investors opt in.
Uniswap Launches Decentralized Lending Service
Uniswap expanded its DeFi ecosystem with the launch of Earn, a lending product developed in partnership with Morpho. Users can deposit USDC, USDT, and Ether into professionally managed lending vaults to earn passive income. Assets are supplied to borrowers through Morpho’s decentralized lending markets, with interest returned to depositors. Users retain custody and can withdraw funds at any time. This reflects a broader trend of decentralized exchanges evolving into comprehensive financial platforms.
SpaceX Reduces Crypto Holdings by $539 Million
Space Exploration Technologies Corp. reported that the carrying value of its digital assets fell from $1.637 billion at the end of 2025 to $1.098 billion in Q2 2026, a 33% decline. The company did not specify whether the reduction resulted from asset sales, price movements, or both. Despite this, SpaceX’s total revenue reached $7.8 billion for the period, exceeding Wall Street estimates of $6.81 billion.
Strategy-Linked Wallet Moves 1,030 BTC
On-chain analytics platform Lookonchain identified a wallet linked to Strategy transferring 1,030 Bitcoin (worth approximately $66.14 million) on August 5. This occurred two days after Strategy disclosed a Bitcoin sale, but the company has not confirmed whether the latest transfer was a sale. Strategy’s most recent SEC filing reported holdings of 842,138 BTC as of August 2.
FAQs
1. How much money flowed into Bitcoin spot ETFs?
According to SoSoValue, U.S. spot Bitcoin ETFs recorded $211.49 million in net inflows. BlackRock’s IBIT led with $170.35 million, followed by Fidelity’s FBTC with $19.58 million.
2. What did BlackRock announce for its European funds?
BlackRock introduced 12 tokenized share classes linked to six Institutional Cash Series money market funds. The funds collectively manage $311 billion in assets, though only the tokenized share classes operate on blockchain.
3. What is Uniswap’s new lending service?
Uniswap launched Earn, a decentralized lending product developed with Morpho. Users can deposit USDC, USDT, and ETH into lending vaults to earn passive income while maintaining custody of their assets.
4. Why did SpaceX’s crypto holdings decline?
SpaceX reported that the carrying value of its digital assets fell from $1.637 billion to $1.098 billion in Q2 2026. The company did not disclose whether the decline resulted from asset sales, price movements, or both.
5. Did Strategy sell another 1,030 Bitcoin?
Not necessarily. Lookonchain identified a wallet linked to Strategy transferring 1,030 BTC, but the company has not confirmed it was a sale. An on-chain transfer alone does not establish ownership changes or transaction purpose.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies are risky assets; conduct your own research before investing.
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