Weekly Recap | ETF Inflows Slow, Markets Await Rate Cut Signals, Echobit Expands AI × Web3 Ecosystem
2026.08.10
Market Review (August 3 – August 9)
Last week, the Federal Reserve maintained a high interest rate environment, while market expectations for a potential September rate cut remained divided. However, as U.S. Treasury yields stabilized from elevated levels and the dollar index weakened, risk appetite across traditional financial markets improved. Strong equity market performance continued to provide support for broader risk assets.
In the short term, the crypto market is unlikely to experience a major sell-off. However, without significant new capital inflows, the market is expected to continue testing higher levels while maintaining consolidation above key support zones.
This recap covers the key developments from the past week and highlights the major trends to watch ahead.
Market Pulse
- Bitcoin spot ETFs recorded $61.53 million in net outflows last week, showing a temporary slowdown in institutional inflows.
- BTC experienced a pullback, with short-term holders facing losses and the market watching key support levels.
- Ethereum whales continued accumulating ETH, with one address withdrawing and staking over 110,000 ETH in the past three weeks.
- Altcoin trading activity recovered, with Binance seeing increased altcoin trading volume as capital diversified into broader assets.
- Tokenized assets continued expanding, with growing demand for on-chain stocks, indices, and other traditional financial products.
Funding & M&A
The crypto industry recorded 12 funding deals last week, with total funding exceeding $94.9 million, mainly focused on infrastructure and DeFi:
- Yellow Card completed a $40 million strategic funding round, backed by investors including Standard Chartered and Sony.
- Ethereum infrastructure company Blockspace launched with new funding led by BlueYard.
- Digital investment platform InvestiFi raised $20 million, led by Vibe Credit Union.
- Japanese stablecoin issuer JPYC completed a total of $38 million in Series B funding.
- RWA commerce financing platform Dow Protocol raised $10.5 million in seed funding.
- DePIN project Vangrid secured $9 million in seed funding, with participation from HashKey and others.
Policy & Compliance
- Progress on the U.S. CLARITY Act remains uncertain as Senate discussions continue.
- The European Union plans to refine the MiCA regulatory framework, including adjustments to rules for non-EU stablecoin issuers.
- Nigeria released virtual asset tax guidelines, bringing crypto trading, staking, and NFTs under regulatory oversight.
Echobit Highlights
- Echobit August Futures Trading Competition officially launched, boosting global user engagement and trading activity.
- Echobit TradFi Futures Trading Campaign continued, providing users with diversified trading experiences.
- Echobit Trade And Share Challenge launched, encouraging users to share trading experiences and community content.
- Echobit Unscramble Words Challenge went live, bringing more interactive experiences to the community.
- Echobit New Followers Campaign continued to expand the global social community.
- Echobit Emoji Contest launched, adding more fun interactions for users.
- Echobit X Community Giveaway Campaigns continued, rewarding global community members.
- Echobit BTC Price Prediction Challenge invited users to participate in market trend predictions.
- Echobit Crypto Journey Story Campaign launched, strengthening connections between users and the community.
- Echobit Escape The Maze Challenge went live, creating a lightweight interactive experience.
- Echobit August Carnival continued, delivering diverse activities and rewards.
Partnership Updates:
- Echobit partnered with MovieAIHood to explore AI × Web3 ecosystem opportunities.
- Echobit established a partnership with CafeFun to expand global ecosystem collaboration.
- Echobit partnered with NP Official to further strengthen Web3 community development.
- Echobit formed a partnership with Predom to support Web3 ecosystem growth.
- Echobit partnered with Safevano to expand its global Web3 collaboration network.
Next Week Preview (August 10 – August 16)
- The Bank of Japan will release its July monetary policy meeting summary on August 10.
- Unitree Robotics will begin its online and offline subscription process on August 10.
- Victory Securities will introduce a 0.05% insurance fee for HashKey accounts starting August 10.
- The U.S. will release July CPI data on August 12 and PPI data on August 13.
- South Korea’s Semiconductor Special Act will take effect on August 11, providing up to 100% government support for infrastructure.
- Russia will ban crypto mining activities in Moscow and several regions starting August 15.
- Superseed will migrate back from its Layer2 network to Ethereum, requiring users to bridge assets before August 15.
- Elon Musk announced that Grok 4.6 is expected to launch next week.
Echobit will continue tracking global crypto trends, focusing on market movements, regulatory developments, and investment opportunities — helping users navigate every market cycle and stay ahead.