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US spot Bitcoin ETFs registered USD 295.98 million in daily net outflows, led by BlackRock’s IBIT with USD 144.11 million leaving the fund.
Aave plans an institutional RWA borrowing hub using Aave V4 on Avalanche.
Ripple expanded XRPL tools to support AI-agent payments using XRP and RLUSD.
The crypto markets saw major developments as spot Bitcoin ETFs recorded USD 295.98 million in net outflows, while Aave plans an RWA hub on Avalanche focused on institutional borrowing. Also, Strategy spent USD 950 million on share buybacks and Zcash jumped 15%.
According to SoSoValue, the Bitcoin spot ETFs saw a total net outflow of USD 295.98 million yesterday.
The Bitcoin Spot ETF with the highest net inflow yesterday was Morgan Stanley's ETF MSBT, with a daily net inflow of USD 3.47 million, and the total historical net inflow of MSBT currently stands at USD 541.85 million.
The Bitcoin Spot ETF with the highest net outflow yesterday was BlackRock's ETF IBIT, with a daily net outflow of USD 144.11 million, and the total historical net inflow of IBIT currently stands at USD 63.83 billion.
The total net asset value of Bitcoin Spot ETFs is USD 95.19 billion, with an ETF net asset ratio of 6.22%. The historical cumulative net inflow has reached USD 54.57 billion.
Decentralized finance protocol Aave plans to deploy an RWA hub on Avalanche focused on institutional borrowing. Through this infrastructure, approved entities will be able to access digital fiat liquidity by using tokenized financial instruments as collateral.
The initiative aims to address working capital needs across corporate portfolios. Under this framework, entities will be able to secure direct loans without liquidating their underlying on-chain holdings.
Aave Labs detailed in its official announcement that the platform will run on the Aave V4 deployment available on the Avalanche network. The technical design relies on a Hub and Spoke architecture, engineered to partition credit markets into independent modules.
Strategy is using large-scale repurchases to push the price of its perpetual preferred stock (STRC) back toward the USD 100 par value in order to restore its Bitcoin financing ability.
From July 20 to September 13, Strategy repurchased a total of 9.96 million shares of STRC, spending about USD 950 million, which accounted for approximately 18% of trading volume during the same period.
About USD 765 million of those funds can be traced to sales of MSTR common stock, and about USD 161 million came from Bitcoin disposals.
STRC previously fell to about USD 70, and recently has risen to about USD 99 at its high. Analysts believe that only if the USD STRC price is near or at the USD 100 par value can Strategy more effectively reissue the security and use the raised funds to purchase Bitcoin.
Ripple announced an expansion of its XRP Ledger developer toolkit, with the XRPL AI Starter Kit 1.1 adding support for the Machine Payment Protocol (MPP) and open wallet standard jointly developed by Stripe and payment chain Tempo.
This update enables AI agents to pay for online services such as data and computing power using XRP and RLUSD and other tokens.
Jazzi Cooper, RippleX product lead, said Ripple's goal is to make XRP and RLUSD the preferred payment options for developers building applications.
MPP allows AI agents to pay on demand: service providers quote prices for requests, agents authorize payments, and service providers deliver resources upon authorization; this standard was co-authored by payment company Stripe and payment chain Tempo.
Zcash trades at USD 1,330, up 15% over the past 24 hours. The catalyst for the sharp jump traces back to the stalled CLARITY Act, whose failure to advance has left US crypto market structure rules in limbo, pushing traders toward assets that don’t depend on regulatory clarity to function, namely, privacy coins.
Paradigm co-founder Matt Huang added, disclosing his firm’s ZEC position in an X post describing Zcash as 'a private complement to Bitcoin.'
Bitcoin held above USD 76,000 as the Fed signaled limited further tightening. Zcash holders recently backed proposals for faster transactions alongside bitcoin-style halving schedules, a governance signal that’s arguably as important as the price action itself.
Also Read: Why Ethereum Needs Stronger Wallet Security, Social Recovery
1. How much money flowed out of Bitcoin spot ETFs?
Bitcoin spot ETFs recorded a combined daily net outflow of USD 295.98 million. BlackRock’s IBIT recorded the largest individual outflow at USD 144.11 million.
2. What is Aave’s planned RWA hub on Avalanche?
Aave plans an institutional borrowing hub where approved entities can use tokenized financial instruments as collateral for digital fiat liquidity. The infrastructure is expected to operate using Aave V4 on Avalanche.
3. Why did Strategy spend USD 950 million on STRC buybacks?
Strategy repurchased approximately 9.96 million STRC shares between July 20 and September 13. The purchases are intended to move STRC closer to its USD 100 par value and support its financing strategy.
4. How will Ripple’s AI payment technology work?
The XRPL AI Starter Kit 1.1 supports the Machine Payment Protocol, allowing AI agents to authorize payments for services such as computing power and data. Payments can use assets including XRP and RLUSD.
5. Why did Zcash rise 15%?
Zcash climbed around 15% to USD 1,330, alongside renewed market attention on privacy-focused cryptocurrencies. Developments around US crypto legislation and Zcash governance proposals also contributed to investor attention.
