🇺🇸 NEW: Arizona’s Digital Assets Strategic Reserve Fund bill (SB1649) clears the Senate Finance Committee in a 4–2 vote, now heading to the Rules Committee.

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RWAs hit new highs Solana’s RWA TVL surpassed $1.6B with ~285K unique holders, per RWA.​xyz. BlackRock’s tokenized money market fund $BUIDL exceeded $550M on Solana, while Kamino’s on-chain credit market crossed $500M in deposits. 4/7

Institutional money flows in Crypto ETPs saw $173M in net outflows last week, led by Bitcoin-linked products, according to CoinShares. But SOL-linked products drew ~$31M in inflows, signaling institutions favoring the network. 3/7

$SOL rout slows As of Feb. 17, SOL traded near $83, down ~0.5% WoW, per CoinMarketCap. It marked the token’s healthiest weekly close after a 40%+ drawdown over the past 30 days. Meanwhile, $BTC and $ETH fell ~1.9% and ~2.7%, respectively. 2/7

@Darkfost_Coc Get the full insight ⤵️

Rising LTH Inflows on Binance Reflect Growing Selling Pressure “In this context, rising LTH inflows can be interpreted as a sign of intensifying selling pressure, even as the broader correction continues to unfold.” – By @Darkfost_Coc