IntoTheBlock

Institutional DeFi strategies are built around capital efficiency and risk management.
One example is supervised loans: using BTC or ETH as collateral to borrow stablecoins and deploy into secondary yield strategies.
Here’s a simplified example of how these strategies work ↓

This chart provides an interesting perspective at corporate & government BTC holdings.
Most sits in funds, led by BlackRock’s iShares Bitcoin Trust. Public company treasuries are next, largely driven by MicroStrategy. Together, these groups now hold ~18.1% of circulating BTC.

BTC collateralized borrowing rates are consistently trending below US high-yield corporate bond yields, indicating markets are increasingly valuing BTC’s liquidity and global trading depth over its volatility.

Ethereum saw -$834 million in net outflows from exchanges this week.
Combined with ETH's positive price performance, this suggests active accumulation and tightening liquid supply

Total RWA value currently sits at $27 Billion, an 8.5% MoM increase

Crypto ETFs have posted three consecutive weeks of inflows, despite continued market uncertainty.
It raises the question: could momentum be about to change?

Here are this week's key DeFi metrics👇
Key takeaways:
✔️$2B+ increase in Stablecoin supply
✔️CDOR for both USDC and USDT have dropped substantially
✔️Available ETH Liquidity is now near 11% and continues to grow