[Weekly Crypto] 2026.09.07

1️⃣ US Spot Bitcoin ETFs Post Their Strongest Three-Week Run of 2026 with $3.8 Billion in Inflows US spot bitcoin ETFs pulled in $986.9 million in the week ending September 4, capping a three-week stretch of $3.8 billion in net inflows — the strongest run of 2026. BlackRock's iShares Bitcoin Trust led Friday's $174.6 million haul with $117.4 million, roughly 67% of the daily total, followed by Fidelity's Wise Origin Bitcoin Fund at $57.2 million. The funds now hold $101.3 billion in assets against $55.6 billion in cumulative net inflows since launch, even as bitcoin slipped from about $81,200 to briefly below $79,000 on a stronger-than-expected nonfarm payrolls print. Ether and XRP ETF flows cooled over the same week, falling 74% and 83% respectively, leaving bitcoin funds as the clear destination for returning institutional money. CoinTelegraph

2️⃣ Revolut and OpenReserve Win Preliminary US National Bank Approval with Crypto at the Center The Office of the Comptroller of the Currency granted preliminary conditional approval on September 4 for Revolut to establish a national bank in Connecticut and for OpenReserve to do the same in Utah, with both charters built around digital assets. Revolut plans to offer digital asset custody, let customers move crypto and stablecoins across borders, and provide Revolut-branded stablecoins issued by third parties — operating at lower cost than its current reliance on FDIC-insured partner banks. OpenReserve, founded in 2025 by former MoneyLion CEO Dee Choubey and backed by a16z, intends to build a blockchain-based bank pairing traditional services with tokenized deposits and custody, plus a subsidiary to issue US dollar-backed stablecoins. Both firms must still satisfy OCC preopening requirements before final approval. CoinTelegraph

3️⃣ Dubai's VARA and BlackRock-Backed Securitize Sign Tokenization MoU Dubai's Virtual Assets Regulatory Authority and Securitize signed a memorandum of understanding on September 3 to establish a collaborative framework for advancing tokenization and digital asset infrastructure across the UAE. VARA, which had issued 50 VASP licenses as of July 2026, said the aim is to "combine VARA's regulatory perspective with Securitize's experience in institutional tokenisation to identify collaboration opportunities." Securitize is the largest tokenization platform in the world with $4.9 billion in tokenized assets under management, ahead of Ondo Finance's $3.5 billion. The agreement lands as real-world asset holders grew 103% in 30 days to 3.2 million and total tokenized asset value rose to $38.5 billion. CoinTelegraph

4️⃣ Polymarket Launches Perpetual Futures with Up to 20x Leverage Prediction market Polymarket launched Polymarket Perps on September 3, moving beyond event contracts into perpetual futures with no expiration dates. The product opened with 10 markets and expanded to 67 within hours, spanning bitcoin, ether, solana, gold, silver, oil, the S&P 500, the Nasdaq 100 and individual stocks. Maximum leverage is 20x for crypto, major indices and precious metals, and 10x for single equities, with maintenance margin set at half the maximum leverage rate and funding capped at 4% per hour. US traders are routed instead to Polymarket US, the company's separate CFTC-regulated exchange — a legacy of its 2022 CFTC settlement — while rival Kalshi secured CFTC approval for bitcoin perpetuals back in May. Decrypt

5️⃣ UBS, Bank of Montreal and Jane Street Show Up in Hyperliquid ETF Holdings Bloomberg Intelligence's review of quarterly ownership disclosures, reported September 5, found roughly $74.9 million in institutional positions across the three Hyperliquid ETFs launched between May and June 2026 — 21Shares' HYPE fund, Bitwise's BHYP and Grayscale's HYPG. Brazil's Wealth High Governance Asset Management leads with $23.9 million, followed by OLP Capital Management at $10.5 million, UBS at $7.5 million, Bank of Montreal at $6.7 million and Jane Street at $4.4 million. The three funds together held $480.86 million in net assets as of early September. Bloomberg analyst James Seyffart cautioned that 13F filings capture only managers above the reporting threshold, so the disclosed names are a floor rather than a full picture of institutional exposure to a DeFi-native token. The Block