SoSo Daily Oct. 1 | BTC spot ETF total net inflow was $61.30M yesterday, marking a 8 days of consistent inflow.

According to sosovalue, the price of $BTC is 63,749 USD, a decrease of 1.12% from yesterday. The market cap of $BTC is 1.26 trillion USD, accounting for 53.5% of the total market cap; $BTC's 24-hour trading volume is 33.99 billion USD, making up 33.1% of the total trading volume.
The price of $ETH is 2,639.7 USD, up 0.236% from yesterday; the market cap of $ETH is 317.73 billion USD, representing 13.5% of the total market cap; $ETH's 24-hour trading volume is 17.33 billion USD, comprising 16.9% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 67% of the total cryptocurrency market cap, and their combined trading volumes constitute 50% 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 WeSendit. As of 05:55 today, its market cap is 4.22M, with a coin price of 0.010422 USD, witnessing a 24-hour increase of 128%.
The second is mfercoin. As of 05:55 today, its market cap is 22.31M, with a coin price of 0.022310 USD, witnessing a 24-hour increase of 66.5%.
The third is DIA. As of 05:55 today, its market cap is 76.91M, with a coin price of 0.69530 USD, showing a 24-hour increase of 43.8%.
In fourth place is Fight to MAGA. As of 05:55 today, its market cap is 17.45M, its coin price is 0.017717 USD, with a 24-hour rise of 42.8%.
In fifth place is GUMMY. As of 05:55 today, its market cap is 13.57M, its coin price is 0.017119 USD, increasing by 38.2% 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, 3 are up and 13 are down. Notably, Others, NFT, and Payment sectors are worth mentioning.
Others sector has fallen -2.27% relative to the UTC 0 time, led by declines in FB (-19.1%), bcn (-17.2%), and NLK (-10.7%).
NFT sector has decreased -2.96% relative to UTC 0, with orb (-37.6%), pbx (-14.8%), and muse (-12.7%) leading the drop.
Payment sector has fallen -3.26%, with coti (-5.14%), xrp (-4.69%), and zpay (-3.16%) leading the decline.

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

According to SoSoValue, as of September 30th (Eastern Time), Bitcoin spot ETFs experienced a total net inflow of $61.30M.

Yesterday, Grayscale's ETF GBTC had a net outflow of $0.00 , bringing GBTC's total historical net outflow to $20.09B.

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 $422.31M.

The Bitcoin spot ETF with the highest net inflow for the day was BlackRock's ETF IBIT, with a daily net inflow of $72.15M, with IBIT's total historical net inflow reaching $21.50B.

Following that, Fidelity's ETF FBTC had a daily net inflow of $8.32M, with FBTC's total historical net inflow reaching $9.99B.

As of this writing, the total net asset value of Bitcoin spot ETFs stands at $59.08B, with the ETF net asset ratio (the market value relative to the total market value of Bitcoin) reaching 4.69%. The historical cumulative net inflow has reached $18.86B.

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

Next news:According to reports, Binance will launch the EIGEN 1-75x U-based perpetual contract on October 1, 2024, at 14:00 (UTC+8). Additionally, on the same day at 15:00 (UTC+8), Binance will introduce EIGEN borrowable assets for both cross-margin and isolated-margin leverage, along with trading pairs EIGEN/USDT and EIGEN/FDUSD for both cross-margin and isolated-margin trading. Within one hour of EIGEN's listing on the Binance spot market, users can exchange EIGEN for $BTC, USDT, or other tokens supported by the instant exchange platform without incurring any fees.
Next news:Jerry Brito, founding executive director of Coin Center, will step down by the end of the year.
Next news:According to Cointelegraph, Kasikornbank (KBank), the second largest bank by asset size in Thailand, plans to launch orbitx Custodian, which will be the country's first licensed digital asset custodian. orbitx Custodian has received a digital asset custodian license issued by the Ministry of Finance and will be regulated by the Thai SEC. The license for orbitx Custodian was obtained on September 13 but was announced two weeks later, and the business is expected to begin operations in early 2025.
Next news:According to Wu's report, @EmberCN states that EigenLayer (EIGEN) will be launched on major CEX platforms at 1 PM today. Whales like Justin Sun, who have made substantial $ETH deposits, will also experience their harvest time. Justin Sun has already claimed 5,374,267 EIGEN through 6 addresses last night (14 hours ago), which, based on the current off-market price of 4U, is worth up to 21.49 million USD.
Next news:Japanese investment firm Metaplanet Inc. has purchased an additional $6.9 million worth of bitcoin, bringing its total holdings to $32 million.
Next news:According to Foresight News, a report by Cointelegraph states that U.S. District Court Judge Jamel Semper has dismissed a class-action lawsuit against Bitcoin mining company Iris Energy without prejudice, ruling that the investors who filed the lawsuit could not prove that the company had made false statements or intentionally misled investors. The lawsuit accused Iris Energy, its executives, and its underwriters (including JPMorgan and Citigroup Global Markets) of violating the Securities Act and the Securities Exchange Act during its IPO in 2021. The plaintiffs claimed that there were several key inaccuracies in the documents related to the Australian crypto mining company's IPO in November 2021 and in other statements made in the following months. Furthermore, they alleged that Iris concealed risks, failed to disclose information regarding loans for financing mining equipment, and made several "false and misleading" statements about the company's overall financial condition, including its profits, losses, and assets on hand. However, Judge Semper found that Iris was not obligated to disclose all details of its loan financing, and the plaintiffs failed to prove that Iris's disclosures were materially misleading.
Next news:According to Cointelegraph, the cryptocurrency exchange platform Gemini will close all accounts in Canada by December 31, and users have 90 days to withdraw their assets from the platform. Canadian financial regulators require cryptocurrency trading platforms to sign a pre-registration commitment, and Gemini has submitted its pre-registration application.
Next news:A certain whale deposited 6,482 $ETH into Coinbase again in the last 10 hours and still holds 12,000 ETH.
Next news:Bitcoin miner CleanSpark restores 200MW in the wake of Hurricane Helene

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.