Bitcoin Down 3.7% This Week as Crypto Market Slides; Stablecoin and RWA Infrastructure Push Forward

According to Gate Ventures' latest weekly report, the crypto market declined this week with Bitcoin down 3.7%, Ethereum down 1.2%, and total crypto market cap falling 3.1%. Spot Bitcoin ETFs saw net outflows of $226.8 million last week, while spot Ethereum ETFs recorded $10 million in outflows, reflecting persistent market caution.

Meanwhile, stablecoin payment networks and real-world asset (RWA) infrastructure development continue to advance. Trace Finance completed a $32 million funding round to expand compliant stablecoin payment infrastructure and cross-border settlement systems. Philippine regulators have signaled support for RWA tokenization development, marking further progress in the space.