Bitcoin spot ETFs recorded $331.05 million in net outflows, led by BlackRock’s IBIT with over $325 million exiting the fund
Chainlink’s CCIP ecosystem reached a record 80,428 daily active addresses, driven by rising cross-chain adoption
Tokenized equities crossed $3.57 billion in daily trading volume
Crypto markets today saw major developments through $331 million in Bitcoin ETF outflows, Dogecoin ETF activity jumped, and Chainlink network usage hit a new daily peak. Also, tokenized equities went past $3.57 billion in daily trading volume.
According to SoSoValue, the Bitcoin spot ETF saw a total net outflow of $331.05 million yesterday. The Bitcoin Spot ETF with the highest net outflow yesterday was BlackRock's ETF IBIT, with a daily net outflow of $325.58 million.
The second highest was Valkyrie's ETF BRRR, with a daily net outflow of $3.79 million, and the total historical net inflow of BRRR currently stands at $318.48 million.
The total net asset value of Bitcoin Spot ETFs is $100.29 billion, with an ETF net asset ratio of 6.5%. The historical cumulative net inflow has reached $57.36 billion.
On Tuesday, May 19, DOGE ETF activity in the US recorded a 215% increase. This reallocation coincides with outflows from Bitcoin and Ethereum ETFs.
Data from SoSoValue show that net daily inflows into DOGE-based financial vehicles reached $860,960, marking their highest point since April 10.
The selective accumulation of assets by traditional investors pushed the total capital managed by these products to $14.69 million.
The information indicates that this rebound is consolidating after three consecutive weeks of positive net inflows into the digital retail equity fund sector.
Qivalis expanded its euro stablecoin consortium to 37 European banks after adding 25 new lenders, extending backing for a planned euro-denominated digital token as the group seeks to build out its regulated payments infrastructure in the euro area.
Among the new entrants are ABN Amro, Intesa Sanpaolo, Rabobank, and Luxembourg state-owned Spuerkeess, alongside other European lenders spanning France, Germany, the Nordics, and Southern Europe.
The expanded membership strengthens the group’s effort to establish a bank-supported on-chain euro settlement network.
Qivalis said in an X post on Wednesday. ‘We are not just building a euro stablecoin; we are laying the European financial rails of the future.’
Also Read: Bitcoin Pizza Day Marks 16 Years Since 10,000 BTC Bought Two Pizzas
Flare Network completed a notable infrastructure milestone, integrating native XRP support directly into its wallet architecture and enabling XRP holders to access the full suite of DeFi primitives, lending, borrowing, liquidity provision, and yield farming.
The mechanism is Flare’s FAssets protocol, which uses the network’s State Connector to verify transactions on the XRP Ledger, allowing XRP to be minted as FXRP on Flare in a trustless, overcollateralized format.
On-chain data points to a 20% increase in Flare’s Total Value Locked following the integration announcement, large wallets, those holding more than 10 million XRP, identified as the primary movers.
Chainlink (LINK) recorded a new all-time high in daily network activity as adoption of its Cross-Chain Interoperability Protocol (CCIP) keeps pushing the network to new heights.
According to recent on-chain data, CCIP reached a record 80,428 daily active addresses during the week of May 6.
The spike came as projects, including Kelp DAO, completed migrations and integrated deeper into the LINK ecosystem.
The latest numbers surpassed the previous network activity record by a wide margin, signalling that the growth was driven by real usage.
Tokenized equities hit their highest single-day trading volume this week, reaching $3.57 billion. This came as fresh data showed the broader real-world asset market has crossed $65 billion in total value.
The volume record was driven largely by Binance and Hyperliquid, with additional contributions from platforms including Kraken's xStocks, Ondo, and Bitget.
The timing coincides with Bloomberg reporting that the SEC is developing guidelines and a potential innovation exemption for on-chain equity products.
Additionally, total tokenized RWA rose approximately 44% since the start of 2026, with Ethereum holding roughly 33% of the market share.
Also Read: How Ethereum Became a Leading Enterprise Blockchain Platform
1. Why are Bitcoin ETFs seeing large outflows?
Bitcoin ETFs are witnessing outflows as investors reduce risk exposure amid market volatility and uncertainty around interest rates. Institutional investors are also rotating capital into alternative crypto sectors and newer digital asset products.
2. Why did Dogecoin ETF activity surge 215%?
DOGE-related ETF products saw rising inflows as traders shifted attention toward retail-focused crypto assets. Increased speculative interest and improving sentiment around meme coins also contributed to the spike in activity.
3. What is driving Chainlink’s record network activity?
Chainlink’s Cross-Chain Interoperability Protocol (CCIP) continues seeing higher adoption across DeFi projects and blockchain integrations. Increased migrations and cross-chain activity pushed daily active addresses to a new all-time high.
4. What are tokenized equities?
Tokenized equities are blockchain-based representations of traditional stocks that can trade on-chain. They aim to improve settlement efficiency, accessibility, and trading availability while expanding real-world asset tokenization.
5. Why is XRP integration on Flare important?
Flare’s XRP integration allows XRP holders to access decentralized finance services like lending, borrowing, and liquidity provision through FXRP. This expands XRP’s utility beyond payments into broader DeFi applications.