SoSo Daily Sept. 26 | BTC spot ETF total net inflow was $105.84M yesterday, marking a 5 days of consistent inflow.

Let's turn our attention to today's overall Crypto market situation.
As of 5:59 AM UTC0 time on September 26, 2024, according to sosovalue, the total market cap of the crypto market stands at 2.34 trillion US dollars, witnessing a decrease of 1.75% compared to yesterday; the total trading volume is 81.27 billion US dollars, marking a decline of 13.3% from the previous day.

According to sosovalue, the price of $BTC is 63,592 USD, a decrease of 0.901% from yesterday. The market cap of $BTC is 1.26 trillion USD, accounting for 53.7% of the total market cap; $BTC's 24-hour trading volume is 25.09 billion USD, making up 30.9% of the total trading volume.
The price of $ETH is 2,612.2 USD, down 0.465% from yesterday; the market cap of $ETH is 314.41 billion USD, representing 13.4% of the total market cap; $ETH's 24-hour trading volume is 14.04 billion USD, comprising 17.3% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 67.1% of the total cryptocurrency market cap, and their combined trading volumes constitute 48.2% 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 05:55 UTC0 time, according to sosovalue, the top five token gainers are:
Top 1 gainer is NFTX. As of 05:55 today, its market cap is 11.01M, with a coin price of 26.210 USD, witnessing a 24-hour increase of 117%.
The second is Seamless Protocol. As of 05:55 today, its market cap is 49.02M, with a coin price of 1.9581 USD, witnessing a 24-hour increase of 60.4%.
The third is Fight to MAGA. As of 05:55 today, its market cap is 11.74M, with a coin price of 0.011920 USD, showing a 24-hour increase of 46.3%.
In fourth place is Calamari Network. As of 05:55 today, its market cap is 2.85M, its coin price is 0.00067290 USD, with a 24-hour rise of 45.7%.
In fifth place is BarnBridge. As of 05:55 today, its market cap is 20.90M, its coin price is 2.1520 USD, increasing by 44.4% 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, 8 are up and 8 are down. Notably, the NFT sector is worth mentioning.
The NFT sector has fallen -2.01% relative to the UTC 0 time, led by declines in mplx (-12.6%), epik (-11.8%), and gq (-5.91%).

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

According to SoSoValue, as of September 25th (Eastern Time), Bitcoin spot ETFs experienced a total net inflow of $105.84M.

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 outflow of $ 0.00 ，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 $184.38M, with IBIT's total historical net inflow reaching $21.22B.

Following that, Bitwise's ETF BITB had a daily net inflow of $2.07M, with BITB's total historical net inflow reaching $2.09B.

As of this writing, the total net asset value of Bitcoin spot ETFs stands at $58.04B, 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 $17.94B.

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

Next news:In another effort to expand its presence in digital assets, PayPal announced plans to enable U.S. business customers to buy, sell, hold, and transfer cryptocurrencies. The service will not be available to business accounts based in New York State. PayPal's move follows several initiatives to capture market share in the digital assets industry. The company also plans to allow U.S. merchants to transfer cryptocurrency to third-party eligible wallets and receive supported tokens from external addresses.
Next news:Vice President Kamala Harris emphasizes the importance of the United States becoming dominant in blockchain and digital assets in her economic plan.
Next news:Coinbase Ventures-backed Truflation hacked for about $5 million, says ZachXBT
Next news:An address holding 77 $BTC was activated after being dormant for 11.2 years, with an unrealized profit of nearly 660 times.
Next news:A certain $ETH high-win-rate whale has started its tenth trading wave, buying 10,206.4 $ETH at an average price of $2,571.
Next news:South Korea fines Worldcoin and Tools For Humanity for data privacy violations
Next news:According to Cointelegraph, Curve Finance is considering removing TrueUSD (TUSD) from the collateral list for the stablecoin crvUSD, following the U.S. Securities and Exchange Commission (SEC) accusing TUSD's issuer, TrueCoin, of violating securities laws.
Next news:JUST IN: OpenAI to remove non-profit board control and give Sam Altman equity, Reuters reports. https://t.co/B7Fy1G4rKX

Next news:According to a report by Caixin on September 26, Mira Murati, the Chief Technology Officer of OpenAI, has announced her departure from the company, marking another notable high-level personnel change in this artificial intelligence startup. "I am leaving to make room for my own explorations," Murati stated in a post on social media platform X on Wednesday, adding that she will work to ensure a smooth transition. Murati has been a key figure at the AI startup, having served as interim CEO after OpenAI CEO Sam Altman was briefly ousted last November. Altman responded by thanking Murati, stating, "Murati has been essential to OpenAI, our mission, and each of us; this cannot be overstated." He also indicated that he would soon share more information with employees about the transition plan.

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.