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Just caught up on some interesting moves in the market this week. XRP finally went live on Solana as a wrapped token (wXRP), thanks to LayerZero and Hex Trust making the bridge happen. Pretty cool seeing two major ecosystems connect like this - now XRP holders can tap into Solana's DeFi scene. The integration's been cooking for months, so it's good to see it actually happen.
On the institutional side, Bitcoin ETFs are back with some serious momentum. Spot Bitcoin ETFs pulled in nearly $1 billion in weekly inflows - the biggest since January. Friday alone was crazy with $663.9 million flowing in on a single day. Total assets in these ETFs crossed $101 billion by week's end, and trading volumes hit almost $4.8 billion daily. Looks like institutions are rotating back into Bitcoin through regulated vehicles after some uncertainty.
Meanwhile, Shiba Inu is showing some interesting on-chain behavior. Exchange outflows just crossed one trillion SHIB threshold - that's a massive amount leaving exchanges in a short timeframe. What's interesting is that while outflows hit around 1.24 trillion SHIB, inflows came in at 1.13 trillion, so there's still more leaving than coming in. This usually signals quiet accumulation rather than panic selling, but the price hasn't really responded yet. Could be worth watching how this plays out.