Today in crypto, tokenized real-world assets (RWAs) continued to show double-digit growth even as cryptocurrency investment products clocked a fourth straight week of outflows last week as Bitcoin struggled below the 70,000 mark, Aave founder Stani Kulechov said DeFi could benefit from tokenizing $50 trillion worth of abundance assets. Strategy’s Michael Saylor is bucking a market rout with signals that more Bitcoin buys are planned.
Tokenized RWAs buck crypto market drawdown, climbing 13.5%
Demand for tokenized real-world assets (RWAs) continued to grow over the past month, even as broader cryptocurrency markets faced heavy selling pressure, underscoring the sector’s resilience and growing institutional footprint.
The total value of onchain RWAs increased 13.5% over the past 30 days, according to data from RWA.xyz. The increase reflects both higher asset issuance, meaning more tokenized securities brought onto public blockchains, and growth in the number of unique wallet addresses holding these assets, signaling expanding participation.
As of Feb. 16, all major blockchain networks tracked by RWA.xyz recorded increases in tokenized asset value, led by Ethereum, with roughly $1.7 billion in net growth, followed by Arbitrum at $880 million and Solana at $530 million. The figures refer to the increase in total onchain value of tokenized assets issued or circulating on those networks.
Tokenized US Treasurys and government debt remain the largest RWA category, with more than $10 billion in outstanding onchain products. Flows into these instruments continued during the period, while tokenized stocks and exchange-traded products also posted gains.
Crypto funds log another red week as BTC dips below $70,000
Crypto funds failed to attract enough inflows last week to reverse negative sentiment and clocked a fourth consecutive week of outflows.
Crypto exchange-traded products (ETPs) recorded $173 million in outflows, following the previous week’s $187 million, according to a CoinShares update on Monday.
Although the last two weeks brought relatively minor losses, total outflows over the past four weeks now amount to about $3.8 billion, while total assets under management (AUM) stand at about $133 billion, the lowest since April 2025.
CoinShares’ head of research, James Butterfill, attributed last week’s outflows to broad market negativity and ongoing price weakness. After starting last week at $70,000, Bitcoin (BTC) briefly dropped as low as $65,000 on Thursday, according to Coinbase data.
Bitcoin ETPs drove last week’s negative sentiment, with outflows totaling $133.3 million and AUM declining to about $106 billion.
US spot Bitcoin exchange-traded funds (ETFs) painted an even bleaker picture, with outflows approaching $360 million last week, according to SoSoValue data.
Echoing Bitcoin’s trend, Ether (ETH) funds recorded $85 million in outflows, though US spot Ether ETFs saw modest inflows of $10 million.
XRP (XRP) and Solana (SOL) ETPs bucked the trend, emerging as the top performers with inflows of $33.4 million and $31 million, respectively.
Aave founder pitches $50 trillion “abundance asset” boom to drive DeFi
Stani Kulechov, the founder of decentralized lending platform Aave, said DeFi could benefit from $50 trillion worth of “abundance assets” such as solar through tokenization by 2050, opening a new class of onchain collateral.
In a post to X on Sunday, Kulechov said he expects these scarce assets to continue growing but that the “biggest impact from tokenization can be achieved by tokenizing abundance assets.”
“Capital is hungry for new collateral, and the world is ready for a transformation that onchain lending can capture and accelerate,” the Aave Labs boss said, while adding that solar could account for $15-$30 trillion of the $50 trillion “abundance asset” market by 2050.
Kulechov said solar debt financiers could tokenize a $100 million solar project while borrowing $70 million to redeploy into new projects, while onchain depositors would have “access to enormously scalable, low-risk yield that is well diversified.”
“An investor might buy tokenized solar, hold for three years, sell at a profit, and immediately redeploy into new development,” Kulechov added, arguing that such a model could significantly increase capital efficiency.
Strategy’s Saylor signals further Bitcoin buys despite rout
Michael Saylor, the co-founder of Bitcoin (BTC) treasury company Strategy, signaled that the company is acquiring more BTC amid the ongoing market dip, marking week 12 of a consecutive buying streak.
Saylor posted the Strategy BTC accumulation chart via the X social media platform on Sunday. The chart has become synonymous with BTC purchases made by the company, which is touting its upcoming 99th BTC transaction.
Strategy’s most recent BTC purchase occurred on Feb. 9, when the company bought 1,142 BTC for more than $90 million, bringing its total holdings to 714,644 BTC, valued at about $49.3 billion using market prices at the time of publication.
