Crypto Market Round Up ↳ U.S. spot $BTC ETFs recorded about $1.28 billion in net outflows across five trading sessions, with withdrawals on four days. BlackRock's IBIT accounted for roughly $1.21 billion, while the week's only positive session brought in about $75 million. ↳ @centrifuge introduced tokenized exposure to Schroders' emerging-market bond strategy on Solana, marking the manager's first deployment on that network. The product expands onchain access to actively managed debt, whose credit and market risks remain part of the investment. ↳ @BVNKFinance announced that eligible business customers outside the European Economic Area can mint, redeem, hold and transfer Open USD against dollar balances. Its integration options cover direct treasury use, embedded payment products and wholesale access for exchanges, OTC desks and market makers. ↳ FinCEN and the Federal Reserve announced the withdrawal of a proposal to lower covered cross-border transfer-data thresholds from $3,000 to $250 and revise digital-asset definitions. The action concerns proposed amendments; existing Recordkeeping and Travel Rule obligations remain.