Capital Flow

PANews February 15 News, according to official data, as of February 12, in the past 7 days, Circle issued approximately 8.4 billion USDC, redeemed about 5.8 billion USDC, and the circulating supply increased by approximately 2.6 billion tokens. The total circulating supply of USDC is 73.1 billion tokens, with a reserve of about $73.4 billion, including approximately $42.9 billion in overnight reverse repurchase agreements; about $19.8 billion in Treasury bonds with maturities of less than 3 months; approximately $10.1 billion in deposits from systemically important institutions; and about $600 million in other bank deposits.

Key Insights: XRP price sees a 1.68% rise, signaling a potential recovery after recent bearish trends. Ripple’s XRP Community Day aims to drive adoption and showcase innovative XRP products like ETFs. XRP-based ETFs have received $1.23 billion in net inflows, indicating growing investor in

_ETF outflows remove key liquidity support, increasing Bitcoin’s vulnerability to selling pressure._ Bitcoin opened the year under clear pressure as demand from investment products weakened sharply. As per onchain reports, capital that fueled much of the last two rallies is now retreating. And t

Tether's investment in Dreamcash aims to enhance USDT-quoted perpetual trading via new USDT0-collateralized markets on Hyperliquid. This initiative provides retail traders with easier access to these markets, supported by significant weekly incentives.

A dormant hacker wallet from the 2023 Mixin exploit transferred $3.85 million in Ethereum to Tornado Cash. The Mixin hack caused a $200 million loss. Mixin plans to repay affected users $23 million by September 2026, but continues operations with $1 billion in assets.

Crypto ETFs experienced a broad-based recovery, with bitcoin leading a $15 million net inflow and ether following with $10.26 million. XRP and solana also posted gains, indicating a cautious return of investor interest across digital assets.

_Tron Inc buys 179,408 TRX at $0.28, lifting holdings above 680.7M tokens as TRX trades near $0.2785 with lower volume._ Tron Inc. (NASDAQ: TRON) has expanded its digital asset treasury with a new TRX purchase as it continues building reserves. The company acquired 179,058 TRX tokens at an

_UAE holds over $900M in Bitcoin via direct reserves and ETF stakes as market fear index drops to 9 and $3B exits crypto funds._ The United Arab Emirates now holds more than $900 million in Bitcoin exposure during a period of market fear. The total includes both direct Bitcoin ownership and

BlackRock deploys a $2.2 billion tokenized government bond fund BUIDL on UniswapX for on-chain trading, marking its first direct exposure to DeFi governance tokens and signifying traditional financial institutions entering the decentralized finance space. This move not only enhances capital liquidity and improves settlement efficiency but also indicates BlackRock's intention to strengthen its influence in DeFi by purchasing UNI tokens, deepening collaboration with Uniswap, and promoting compliance standards, demonstrating the transformation of DeFi into infrastructure finance.

Bitcoin plummeted to nearly $60,000 last Monday, intensifying market panic. Research firm K33 analysis pointed out that the current market exhibits characteristics of a "capitulation sell-off," and the Relative Strength Index (RSI) has dropped to a historic low, indicating a possible formation of a cyclical bottom. Trading volume and funding rates are abnormally high, and the Fear & Greed Index is nearly fully in panic mode, suggesting investor sentiment is extremely extreme and a consolidation phase may be imminent.

XRP ETFs, despite weak performances and minimal capital intake, maintain over $1 billion in net assets. Bitwise leads with $2.52 million in inflows, while other issuers struggle to attract new investments amid a slowing crypto market.

BlackRock Asia-Pacific iShares Director Nicholas Peach stated that if Asian households allocate 1% of their wealth to cryptocurrencies, it could bring nearly $2 trillion in capital inflows to the market, significantly impacting the digital asset market. As cryptocurrency ETFs gradually gain recognition from institutional investors, Asia's acceptance is also increasing, with multiple markets promoting cryptocurrency ETF products, expected to deepen market liquidity.

_BlackRock says only 0.2% of its $100B IBIT Bitcoin ETF redeemed during volatility, as liquidations hit leveraged crypto platforms._ BlackRock reported limited redemptions from its spot Bitcoin ETF during recent market volatility. The firm said only about 0.2% of IBIT shares were redeemed during

Pioneer Navigation Group's 13F filing with the U.S. SEC shows that it holds 5,653,110 shares of Circle stock, currently valued at approximately $339 million, with an unrealized loss of over $400 million.

February 14 News, RLUSD has been continuously expanding since its launch in December 2024. After early support from multiple platforms, its market capitalization quickly surpassed $1 billion. By 2026, key changes occurred in its liquidity structure, with a global distribution network and zero-fee incentives driving increased trading volume, while custodial deposits contributed to a simultaneous rise in reserves and trading activity. With the withdrawal function and XRPL deposit channel opening on February 12, the on-chain migration of RLUSD has significantly accelerated, and its cross-border payment and multi-network circulation capabilities are gradually taking shape. As of mid-February 2026, RLUSD's circulating supply has increased to approximately $1.52 billion. During this period, the supply was expanded through three issuance events, and some tokens were burned on the Ethereum network to curb excess supply, with the collateralization rate remaining above 103%. On-chain distribution has also become clearer: approximately 77% to 79% of the balance is held on Ethereum, mainly for liquidity and collateral purposes; XRPL holds about 22% to 23%, focusing more on fast settlement and payment routing.

February 14 News, Arbitrum (ARB) continues to face pressure in 2026, with a decline of 40% year-to-date. Looking back at 2025, its price once dropped more than 70%, and now it has again hit a historic low. After falling below $0.20, almost all holders are in a floating loss, and market confidence has clearly been affected. Despite the weak price performance, on-chain data shows subtle changes. According to DeFiLlama data, the total market value of stablecoins on the Arbitrum network increased slightly by about 2% this week, with nearly $65 million in new funds. Among them, USDC's share rose to 56.8%, becoming the main supporting force. However, the network's TVL remains at multi-month lows, indicating that overall liquidity has not yet recovered, and on-chain buffer capacity remains relatively weak.

This week, US spot Bitcoin ETFs experienced a net outflow of $360 million, with several ETFs such as IBIT and FBTC seeing significant outflows, while Grayscale BTC had a net inflow of $110.1 million.

On February 14, news reports indicate that two spot cryptocurrency ETFs under BlackRock experienced net fund outflows on February 13, totaling $18.64 million. Among them, the Bitcoin ETF IBIT saw an outflow of $9.36 million, and the Ethereum ETF ETHA saw an outflow of $9.28 million, making BlackRock the only major US issuer to experience net outflows on that day. However, in contrast to BlackRock's performance, the overall US spot ETFs continued to see positive inflows. On that day, Bitcoin ETFs attracted a total of $15.2 million in new funds, and Ethereum ETFs recorded a net inflow of $10.2 million, indicating that mainstream capital has not exited the crypto asset market but is reallocating funds among different products.