SoSo Daily Oct. 5 | On October 4, the total net inflow of Ethereum spot ETFs was $7.39 million.

According to sosovalue, the price of $BTC is 62,180 USD, an increase of 1.19% from yesterday. The market cap of $BTC is 1.23 trillion USD, accounting for 54.3% of the total market cap; $BTC's 24-hour trading volume is 26.23 billion USD, making up 21.8% of the total trading volume.
The price of $ETH is 2,417.2 USD, up 1.3% from yesterday; the market cap of $ETH is 290.97 billion USD, representing 12.9% of the total market cap; $ETH's 24-hour trading volume is 12.42 billion USD, comprising 10.3% 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 32.1% 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 DIA. As of 11:55 today, its market cap is 98.66M, with a coin price of 0.89190 USD, witnessing a 24-hour increase of 47.7%.
The second is Cellframe. As of 11:55 today, its market cap is 21.53M, with a coin price of 0.74810 USD, witnessing a 24-hour increase of 31.9%.
The third is SuiPad. As of 11:55 today, its market cap is 9.48M, with a coin price of 0.13734 USD, showing a 24-hour increase of 29.3%.
In fourth place is Open Exchange Token. As of 11:55 today, its market cap is 31.53M, its coin price is 0.0056000 USD, with a 24-hour rise of 29.1%.
In fifth place is Popcat. As of 11:55 today, its market cap is 1.22B, its coin price is 1.2456 USD, increasing by 26.1% 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, 16 are up and 0 are down. Notably, AI, RWA, and NFT sectors are worth mentioning.
AI sector has risen 5.98% relative to the UTC 0 time, led by gains in gtai (13.3%), agi (12.2%), and wld (11.2%).
RWA sector has increased 3.37% relative to UTC 0, with PRCL (12.1%), cpool (10.9%), and hifi (8.18%) leading the rise.
NFT sector has risen 2.55%, with xcad (22.7%), dego (9.71%), and blur (8.24%) leading the rise.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:According to SoSoValue data, yesterday (October 4, Eastern Time), the total net inflow of Ethereum spot ETFs was $7.39 million. Yesterday, Grayscale's Ethereum Trust ETF ETHE saw a net outflow of $8.20 million, bringing its historical net outflow to $2.96 billion. The Ethereum spot ETF with the highest net inflow yesterday was BlackRock's ETF ETHA, with a net inflow of $14.72 million. This was followed by Bitwise ETF ETHW, which had a net inflow of $871.30 thousand.
Next news:

According to SoSoValue, as of October 4th (Eastern Time), Bitcoin spot ETFs experienced a total net inflow of $25.59M.

Yesterday, Grayscale's ETF GBTC had a net outflow of $13.91M, bringing GBTC's total historical net outflow to $20.14B.

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 Bitwise's ETF BITB, with a daily net inflow of $15.29M, with BITB's total historical net inflow reaching $2.11B.

Following that, Fidelity's ETF FBTC had a daily net inflow of $13.63M, with FBTC's total historical net inflow reaching $9.85B.

As of this writing, the total net asset value of Bitcoin spot ETFs stands at $57.73B, with the ETF net asset ratio (the market value relative to the total market value of Bitcoin) reaching 4.68%. The historical cumulative net inflow has reached $18.50B.

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

Next news:According to reports from @EmberCN, 27 hours ago, the Cosmos developer Interchain Foundation sold 4,000 $ETH that were raised during the ICO in April 2017 (approximately $9.50 million). Over the past 5 months since the end of April this year, they have cumulatively sold 15,100 $ETH (approximately $37.09 million). The Cosmos developers raised approximately $17 million through the ICO in April 2017 (including 4,882.7 $BTC and 246,891 $ETH). Over the past seven years, the foundation has sold 4,499 $BTC and 223,305 $ETH, raising approximately $132.20 million. Currently, they hold 383.8 $BTC and 23,587 ETH.
Next news:Bettors on Polymarket believe that the upcoming HBO documentary will name Len Sassaman as Satoshi Nakamoto, but they are not convinced that this will be the definitive proof.
Next news:According to Wu's report, monitored by @EmberCN, Ethereum co-founder Vitalik Buterin concentrated the sale of various meme tokens within 30 minutes, exchanging them for approximately 140.6 $ETH, valued at around 340 thousand USD. These tokens were all assets previously transferred to Vitalik's wallet by project parties or related addresses. Specifically, it includes: 100 thousand USDT (donation from the CATE project); 70.71 million Neiro (donation from the address 0x41e...f31); 11.76 billion MOODENG (donation from the MOODENG project); 7.80 million DEGEN (donation from the DEGEN project); 16.03 billion KABOSU (donation from the address 0x41e...f31).
Next news:According to Wu, QCP Capital's latest report indicates that the market is experiencing volatility as it enters a new quarter, primarily influenced by the escalation of conflict between Israel and Iran. Coinciding with the one-year anniversary of the Gaza War, Iran has launched a large-scale attack, and the market anticipates that Israel will respond with harsher retaliation, potentially targeting Iran's nuclear facilities and oil infrastructure. Meanwhile, the U.S. non-farm payroll data for September exceeded expectations, with an addition of 254 thousand jobs and an unemployment rate of 4.1%. This demonstrates that the U.S. labor market remains strong, boosting market risk sentiment. Bitcoin briefly rebounded to $62,000; although it has retreated from last week's high, the macroeconomic data supports market expectations for an 'Uptober' trend. Demand in the options market remains robust, with investors optimistic about the market's performance leading up to the end of the year. QCP recommends locking in profits at the current Bitcoin price level and preparing for a potential rebound by year-end.
Next news:Bitwise announced the Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC) on Friday, a fund that combines the Bitwise Bitcoin Strategy Optm Roll ETF (BITC), Bitwise Ethereum Strategy ETF (AETH) and Bitwise Bitcoin and $Eth Eq Wgh Str ETF (BTOP).
Next news:EigenLayer announced that an investor's email was hijacked by hackers, resulting in the transfer of 1.67 million EIGEN tokens to the hacker's address. The hacker has sold these tokens and transferred the stablecoins to a centralized exchange. EigenLayer is in contact with platforms and law enforcement, and some of the funds have been frozen.
Next news:According to Bitcoin.com, as of October 2024, the latest data shows that the treasury funds held by Decentralized Autonomous Organizations (DAOs) amount to $24.50 billion, having decreased by $12.60 billion since the end of March this year. The DAO treasury peaked at nearly $40 billion in March but has significantly declined since then. Currently, the largest DAO treasury comes from Optimism, holding $3.80 billion, followed by Uniswap with $2.90 billion. The top five treasury rankings also include Mantle, Arbitrum, and Gnosis DAO.
Next news:According to data from the Hong Kong Stock Exchange, the total assets under management of three Bitcoin spot ETFs in Hong Kong reached HKD 2.06 billion. Among them, the two Ethereum ETFs managed by Huaxia Fund and managed by OSL have a total AUM exceeding HKD 1.28 billion, accounting for 62%; another spot Ethereum ETF has a total AUM of approximately HKD 784 million, accounting for about 38%.

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.