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 11:59 AM UTC0 time on September 26, 2024, according to sosovalue, the total market cap of the crypto market stands at 2.37 trillion US dollars, witnessing an increase of 0.0436% compared to yesterday; the total trading volume is 86.61 billion US dollars, marking a decline of 6.65% from the previous day.

According to sosovalue, the price of $BTC is 64,392 USD, an increase of 0.867% from yesterday. The market cap of $BTC is 1.27 trillion USD, accounting for 53.8% of the total market cap; $BTC's 24-hour trading volume is 26.59 billion USD, making up 30.7% of the total trading volume.
The price of $ETH is 2,627.1 USD, a decrease of 0.0118% from yesterday; the market cap of $ETH is 316.20 billion USD, representing 13.4% of the total market cap; $ETH's 24-hour trading volume is 14.55 billion USD, comprising 16.8% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 67.2% of the total cryptocurrency market cap, and their combined trading volumes constitute 47.5% 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 NFTX. As of 11:55 today, its market cap is 11.12M, with a coin price of 26.478 USD, witnessing a 24-hour increase of 91.1%.
The second is Seamless Protocol. As of 11:55 today, its market cap is 47.37M, with a coin price of 1.8923 USD, witnessing a 24-hour increase of 55.8%.
The third is ZeroLend. As of 11:55 today, its market cap is 14.69M, with a coin price of 0.00058750 USD, showing a 24-hour increase of 47.6%.
In fourth place is BarnBridge. As of 11:55 today, its market cap is 20.90M, its coin price is 2.1520 USD, with a 24-hour rise of 44.4%.
In fifth place is MAGA. As of 11:55 today, its market cap is 122.50M, its coin price is 2.6600 USD, increasing by 35.6% 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, 11 are up and 5 are down. Notably, Meme, Layer2, and RWA sectors are worth mentioning.
Meme sector has risen 5.92% relative to the UTC 0 time, led by gains in trump (34.2%), FIGHT (30%), and cate (27.6%).
Layer2 sector has increased 2.23% relative to UTC 0, with STRK (13.8%), nvir (9.86%), and zkf (7.54%) leading the rise.
RWA sector has risen 2.2%, with cpool (12.4%), om (7.05%), and PRCL (5.96%) 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 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:Vice President Kamala Harris emphasizes the importance of the United States becoming dominant in blockchain and digital assets in her economic plan.
Next news:A Singapore court has granted Indian cryptocurrency exchange WazirX a four month moratorium based on certain conditions on Thursday, an industry source told CoinDesk.
Next news:South Korea fines Worldcoin and Tools For Humanity for data privacy violations
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:An address holding 77 $BTC was activated after being dormant for 11.2 years, with an unrealized profit of nearly 660 times.
Next news:According to @EmberCN, it has been reported that in the Genesis Trading liquidation payout in August, the creditor who received the most $ETH compensation sold 12,100 $ETH (approximately 31.43 million USD) in the past three days. On August 2, they received 114,502 $ETH (approximately 358.19 million USD) from the Genesis Trading liquidation payout, making them the creditor with the highest $ETH compensation.
Next news:According to Foresight News, on-chain financial data provider Truflation announced on Twitter that its team detected unusual activity early this morning and confirmed that attackers initiated an attack using malware. The team is currently monitoring the situation and taking measures to protect user funds, and both users and staked assets have not been affected.
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:According to reports from Hong Kong, the Securities and Futures Commission (SFC) recently released the "Securities Industry Financial Review," which for the first time disclosed that virtual asset trading activities in the securities industry generated a total revenue of HKD 77 million in the first half of this year. Ye Zhiheng, Executive Director of the SFC's Intermediaries Division, stated that Hong Kong's diverse product offerings can cater to the needs of both local and global investors. As the investment climate improves, licensed institutions are gradually stabilizing in distributing non-exchange traded products, with some actively exploring virtual asset trading businesses.

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.