SoSo Daily Sept. 24 | US Spot Ethereum ETFs See Largest Outflows Since Late July

According to sosovalue, the price of $BTC is 63,472 USD, an increase of 0.0582% from yesterday. The market cap of $BTC is 1.25 trillion USD, accounting for 53.8% of the total market cap; $BTC's 24-hour trading volume is 28.49 billion USD, making up 33.4% of the total trading volume.
The price of $ETH is 2,636.7 USD, down 0.35% from yesterday; the market cap of $ETH is 317.33 billion USD, representing 13.6% of the total market cap; $ETH's 24-hour trading volume is 16.25 billion USD, comprising 19.1% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 67.4% of the total cryptocurrency market cap, and their combined trading volumes constitute 52.5% of the total trading volume.

After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 12:00 UTC0 time, according to sosovalue, the top five token gainers are:
Top 1 gainer is BarnBridge. As of 11:55 today, its market cap is 20.90M, with a coin price of 2.1520 USD, witnessing a 24-hour increase of 44.4%.
The second is Aperture Finance. As of 11:55 today, its market cap is 606.30K, with a coin price of 0.0066700 USD, witnessing a 24-hour increase of 43.8%.
The third is Plian. As of 11:55 today, its market cap is 563.40K, with a coin price of 0.00055300 USD, showing a 24-hour increase of 31.7%.
In fourth place is TARS Protocol. As of 11:55 today, its market cap is 49.44M, its coin price is 0.14399 USD, with a 24-hour rise of 30%.
In fifth place is UXLINK. As of 11:55 today, its market cap is 116.76M, its coin price is 0.68680 USD, increasing by 28.8% over the last 24 hours.


Moving on, let's take a look at the sector performance in the crypto market.
According to sosovalue, out of 16 sectors, 14 are up and 2 are down. Notably, AI, Meme, and NFT sectors are worth mentioning.
AI sector has risen 4.17% relative to the UTC 0 time, led by gains in tai (30.7%), dsla (25.9%), and cgpt (18%).
Meme sector has increased 2.77% relative to UTC 0, with SC (24.7%), michi (19.4%), and wif (13%) leading the rise.
NFT sector has risen 2.74%, with boson (26.6%), coval (21.6%), and mplx (10.2%) leading the rise.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:U.S. spot Ethereum ETFs experienced the largest outflows since late July, with $79.21 million flowing out on Monday. The Grayscale Ethereum Trust (ETHE) saw the largest outflow of $80.55 million, while Bitwise's ETHW reported net inflows of $1.34 million. The total trading volume of these ETFs reached $167.35 million. In contrast, spot bitcoin ETFs recorded net inflows of $4.56 million on Monday.
Next news:Kraken completed its acquisition of Coin Meester B.V. (BCM), one of the oldest registered crypto brokers in the Netherlands. The acquisition aims to expand the US-based exchange’s presence in the Netherlands and strengthen its operations as a registered Virtual Asset Service Provider (VASP) in France and Poland. Following the acquisition, Kraken can now offer VASP services directly or through a partnership in Germany, Spain, Italy, the Netherlands, Belgium, Ireland, France, and Poland.
Next news:A certain whale withdrew 1,343 $BTC from Binance 4 hours ago, worth approximately 84.80 million USD. Currently, this whale holds 1,951 $BTC, valued at around 123.60 million USD.
Next news:

According to SoSoValue, as of September 23th (Eastern Time), Bitcoin spot ETFs experienced a total net inflow of $4.56M.

Yesterday, Grayscale's ETF GBTC had a net outflow of $40.33M, bringing GBTC's total historical net outflow to $20.11B.

Grayscale Bitcoin Mini Trust ETF $BTC had a net inflow of $ 8.42M，bringing Grayscale Bitcoin Mini Trust ETF $BTC's total historical net inflow to $416.59M.

The Bitcoin spot ETF with the highest net inflow for the day was Fidelity's ETF FBTC, with a daily net inflow of $24.93M, with FBTC's total historical net inflow reaching $9.81B.

Following that, BlackRock's ETF IBIT had a daily net inflow of $11.54M, with IBIT's total historical net inflow reaching $20.94B.

As of this writing, the total net asset value of Bitcoin spot ETFs stands at $57.91B, with the ETF net asset ratio (the market value relative to the total market value of Bitcoin) reaching 4.63%. The historical cumulative net inflow has reached $17.70B.

Source: https://sosovalue.com/assets/etf

Next news:EigenLayer expects token transfer restrictions to end September 30
Next news:Eight doctors specializing in neurodevelopmental disorders stated in a friend-of-the-court brief that SBF has been diagnosed with Autism Spectrum Disorder (ASD) and Attention Deficit/Hyperactivity Disorder (ADHD), which may lead to misunderstandings during the criminal trial.
Next news:According to monitoring by PeckShield, the WazirX hacker address has transferred the 10th batch of 5,000 $ETH (worth approximately 12 million USD) to a new address starting with 0xdBdE and has laundered 4,900 $ETH through Tornado Cash. So far, the WazirX hacker address has laundered a total of 52,500 $ETH (worth approximately 139 million USD) through Tornado Cash.
Next news:The presidential campaign for Vice President Kamala Harris made a brief comment about the crypto sector, but insiders suggest that there won't be a comprehensive crypto policy before the U.S. elections.
Next news:The Celestia Foundation has raised $100 million in a funding round led by Bain Capital Crypto. The foundation's total financing now stands at $155 million. Celestia is a modular blockchain network designed to help other blockchains scale by offloading their data requirements. The network developers have announced plans to scale Celestia to 1-gigabyte blocks. About two dozen rollups have deployed on Celestia since its launch in October 2023.
Next news:Bithumb announces the launch of UXLINK and Solana domain service (FIDA) in the Korean won market.

Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.