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Crypto Markets See Net Outflows and Institutional Borrowing Hub Plans

Guavy AI Editorial Team
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The cryptocurrency market saw significant developments yesterday, including net outflows from Bitcoin spot ETFs and Aave's plans for an institutional RWA borrowing hub on Avalanche.

According to SoSoValue, BlackRock's IBIT recorded the largest individual outflow of $144.11 million, while Morgan Stanley's MSBT had a daily net inflow of $3.47 million.

Aave plans to deploy an RWA hub on Avalanche using Aave V4, which will allow approved entities to access digital fiat liquidity by using tokenized financial instruments as collateral.

Ripple expanded its XRP Ledger developer toolkit with the XRPL AI Starter Kit 1.1, enabling AI agents to pay for online services using XRP and RLUSD.

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