SoSo Daily Sept. 25 | BTC spot ETF total net inflow was $135.95M yesterday, marking a 4 days of consistent inflow.

According to sosovalue, the price of $BTC is 63,847 USD, an increase of 0.531% from yesterday. The market cap of $BTC is 1.26 trillion USD, accounting for 53.9% of the total market cap; $BTC's 24-hour trading volume is 28.10 billion USD, making up 30.3% of the total trading volume.
The price of $ETH is 2,628 USD, down 0.429% from yesterday; the market cap of $ETH is 316.31 billion USD, representing 13.5% of the total market cap; $ETH's 24-hour trading volume is 15.50 billion USD, comprising 16.7% 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 47.0% 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 11:55 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 GT-Protocol. As of 11:55 today, its market cap is 32.11M, with a coin price of 0.88690 USD, witnessing a 24-hour increase of 38.8%.
The third is Fluence. As of 11:55 today, its market cap is 16.99M, with a coin price of 0.31790 USD, showing a 24-hour increase of 26.5%.
In fourth place is Unizen. As of 11:55 today, its market cap is 57.65M, its coin price is 0.083400 USD, with a 24-hour rise of 25.8%.
In fifth place is Cetus Protocol. As of 11:55 today, its market cap is 42.99M, its coin price is 0.13464 USD, increasing by 25.7% 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, 12 are up and 4 are down. Notably, NFT, Meme, and DeFi sectors are worth mentioning.
NFT sector has risen 3.78% relative to the UTC 0 time, led by gains in nftx (17.1%), taboo (14.7%), and rmrk (14%).
Meme sector has increased 2.85% relative to UTC 0, with SC (23.1%), FIGHT (22.2%), and cate (16.2%) leading the rise.
DeFi sector has risen 2.16%, with CETUS (26.7%), zcx (25.2%), and oxy (23.7%) leading the rise.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:

According to SoSoValue, as of September 24th (Eastern Time), Bitcoin spot ETFs experienced a total net inflow of $135.95M.

Yesterday, Grayscale's ETF GBTC had a net outflow of $0.00 , bringing GBTC's total historical net outflow to $20.11B.

Grayscale Bitcoin Mini Trust ETF $BTC had a net inflow of $ 2.85M，bringing Grayscale Bitcoin Mini Trust ETF $BTC's total historical net inflow to $419.44M.

The Bitcoin spot ETF with the highest net inflow for the day was BlackRock's ETF IBIT, with a daily net inflow of $98.89M, with IBIT's total historical net inflow reaching $21.03B.

Following that, Bitwise's ETF BITB had a daily net inflow of $17.41M, with BITB's total historical net inflow reaching $2.08B.

As of this writing, the total net asset value of Bitcoin spot ETFs stands at $58.67B, with the ETF net asset ratio (the market value relative to the total market value of Bitcoin) reaching 4.62%. The historical cumulative net inflow has reached $17.83B.

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

Next news:Ether ETF experienced a $62.5 million inflow, marking its third-largest day since launch.
Next news:Foresight News reported that Ethereum co-founder Vitalik Buterin responded to the statement "Celo has recently surpassed TRON DAO in the daily active addresses for stablecoin usage" by saying, "This is truly amazing. Improving access to basic payments/finance globally has always been a key way Ethereum benefits the world, and I'm glad to see Celo gaining attention." Vitalik also referenced two articles in his tweet: "Celo Becomes Ethereum L2" and "Ethereum Cultural Consistency."
Next news:Babylon will launch the first phase of its mainnet, Cap-2, in the second week of October. If users participated in the first phase, Cap-1, they need to unbind and withdraw any staked amounts that exceed the limit. In Cap-1, with a limit of 1,000 $BTC, over 12,700 unique staker addresses participated, with 80% of the staking shares coming from liquid staking token (LST) projects and 20% from native stakers.
Next news:Bitcoin's $5.8B Quarterly Options Expiry May Spark Market Swings, Deribit Says
Next news:Sky (formerly MakerDAO) is reportedly preparing to pause its plan to remove WBTC as collateral, following extensive discussions with BitGo CEO Mike Belshe on the Sky discussion forum. Influential Sky advisor BA Labs had previously expressed concerns about Sun's involvement in the project, and last week, members of the Sky community overwhelmingly voted to initiate a five-step process to remove WBTC as collateral, in line with the advisor's recommendations, starting in early October. However, even after the vote, discussions on the matter continued, with Belshe posting extensively on the forum in recent days, stating that the new custody arrangements had been misunderstood and that Sun would not be able to unilaterally change the structure. On Tuesday, BA Labs indicated that additional details and clarifications had reassured us about the current operation and key management of WBTC. While we still have concerns regarding BitGlobal as a WBTC signer, we find that the situation no longer warrants an immediate removal of collateral and therefore recommend an indefinite suspension of the collateral removal procedure.
Next news:According to Wu, Coinbase Assets announced that Coinbase will add support for ZKsync (ZK) on the ZKsync network, with trading set to begin on September 25 at 9 AM PT or later. ZKsync is an Ethereum Layer 2 scaling solution launched by Matter Labs.
Next news:America's oldest bank, BNY Mellon, is drawing closer to offering custodial services to exchange-traded fund clients, according to Bloomberg. The progress towards being in a position to offer the services comes after a review enabled the company to avoid treating the assets as a balance-sheet liability. BNY Mellon has publicly expressed interest in being involved in digital assets since at least January 2023, when CEO Robin Vince said on an earnings call that digital assets are the bank's 'longest-term play.'
Next news:The U.S. Securities and Exchange Commission has postponed its decision on approving the listing and trading options on BlackRock and Bitwise's spot Ethereum exchange-traded funds (ETFs). The decision was originally scheduled for this Thursday but has been delayed to November 10. The SEC has also postponed a decision on NYSE American's proposal to list and trade options on Bitwise's spot Ethereum ETFs, Grayscale Ethereum Trust, and the Grayscale Ethereum Mini Trust, with the new deadline set for November 11.
Next news:OpenAI will launch an advanced voice mode for ChatGPT Plus and Team users this week. This feature supports real-time, smooth conversations powered by OpenAI's latest model, GPT-4o, to provide faster responses.

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.