SoSo Daily Oct 19 | BTC spot ETF total net inflow was $273.71M yesterday, marking a 6 days of consistent inflow.

Let's turn our attention to today's overall Crypto market situation.
As of 5:59 AM UTC0 time on October 19, 2024, according to sosovalue, the total market cap of the crypto market stands at 2.45 trillion US dollars, witnessing an increase of 0.0551% compared to yesterday; the total trading volume is 129.40 billion US dollars, marking an increase of 17.8% from the previous day.

According to sosovalue, the price of $BTC is 68,404 USD, an increase of 0.577% from yesterday. The market cap of $BTC is 1.35 trillion USD, accounting for 55.1% of the total market cap; $BTC's 24-hour trading volume is 35.57 billion USD, making up 27.5% of the total trading volume.
The price of $ETH is 2,648 USD, up 0.806% from yesterday; the market cap of $ETH is 318.78 billion USD, representing 13% of the total market cap; $ETH's 24-hour trading volume is 14.57 billion USD, comprising 11.3% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 68.1% of the total cryptocurrency market cap, and their combined trading volumes constitute 38.8% 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 DeepBook. As of 05:55 today, its market cap is 124.52M, with a coin price of 0.049807 USD, witnessing a 24-hour increase of 43.5%.
The second is Epik Prime. As of 05:55 today, its market cap is 36.86M, with a coin price of 0.035000 USD, witnessing a 24-hour increase of 39.4%.
The third is The Doge NFT. As of 05:55 today, its market cap is 107.49M, with a coin price of 0.0071990 USD, showing a 24-hour increase of 28.6%.
In fourth place is Big Time. As of 05:55 today, its market cap is 195.29M, its coin price is 0.17106 USD, with a 24-hour rise of 26.2%.
In fifth place is ADreward. As of 05:55 today, its market cap is 42.09K, its coin price is 0.0000045100 USD, increasing by 23.6% over the last 24 hours.


Moving on, let's take a look at the sector performance in crypto market.
According to sosovalue, out of 16 sectors, 16 are up and 0 are down. Notably, GameFi, Meme, and Layer2 sectors are worth mentioning.
GameFi sector has risen 6.6% relative to the UTC 0 time, led by gains in bigtime (25%), mana (14.8%), and axs (14.6%).
Meme sector has increased 4.42% relative to UTC 0, with dog (25.1%), APU (11.4%), and turbo (11.2%) leading the rise.
Layer2 sector has risen 2.23%, with skl (9.42%), MERL (8.91%), and metis (6.6%) 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 October 18th (Eastern Time), Bitcoin spot ETFs experienced a total net inflow of $273.71M.

Yesterday, Grayscale's ETF GBTC had a net outflow of $0.00 , bringing GBTC's total historical net outflow to $20.10B.

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 $419.18M.

The Bitcoin spot ETF with the highest net inflow for the day was Ark Invest and 21Shares's ETF ARKB, with a daily net inflow of $109.86M, with ARKB's total historical net inflow reaching $2.86B.

Following that, BlackRock's ETF IBIT had a daily net inflow of $70.41M, with IBIT's total historical net inflow reaching $22.84B.

As of this writing, the total net asset value of Bitcoin spot ETFs stands at $66.11B, with the ETF net asset ratio (the market value relative to the total market value of Bitcoin) reaching 4.89%. The historical cumulative net inflow has reached $20.94B.

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

Next news:The NYSE and Cboe have received approval from the SEC to launch Bitcoin ETF options. This comes after Nasdaq was granted permission for options on spot Bitcoin ETFs.
Next news:JUST IN: 🇺🇸 SEC approves CBOE options trading on spot #Bitcoin ETFs.
Next news:The Constitutional Court of Montenegro suspended the extradition of Do Kwon, the former founder and CEO of Terraform Labs, on October 18. The Supreme Court of South Korea had delegated the decision on Do Kwon's extradition to the Ministry of Justice in September. Both the United States and South Korea have submitted extradition requests. The court stated that the extradition process would be suspended until a ruling is made on Do Kwon's appeal.
Next news:According to Bloomberg Terminal, BlackRock is in talks with cryptocurrency exchanges to use BUIDL tokens as collateral for futures. Sources indicate that the exchanges BlackRock is negotiating with include Binance, OKX, and Deribit.
Next news:According to Wu, the DEX Ambient on the Scroll chain tweeted that its domain has been hijacked. The team is working with a special operations group and domain registrar to resolve the issue as quickly as possible. The contracts and funds remain secure, and users are advised not to access or interact with the Ambient Finance frontend until the issue is resolved. Previously, on October 17, the Ambient frontend had already suffered a hacking attack.
Next news:According to the latest data from CCData, Binance's cumulative spot and derivatives trading volume has exceeded 100 trillion USD, making it the leading cryptocurrency exchange in the world. OKX ranks second with 20 trillion USD, followed closely by Bybit and Bitget, which are in third and fourth places, respectively.
Next news:According to Foresight News, the real-time ZK proof network ZEROBASE launched by Salus has announced the completion of a $5 million funding round, with participation from institutions such as Binance Labs, Lightspeed Faction, Dao5, Matrix Partners, IDG, and Symbolic Capital. The funds will be used to create a privacy-preserving computing network tailored for ZK use cases.
Next news:According to on-chain analyst @ai_9684xtpa, a whale address starting with 0x3ec has withdrawn a total of 7,595 $ETH (approximately $20.22 million) from Scroll in the past 8 hours, and subsequently transferred it to Binance and Bybit. Another whale, 0x55e, redeemed 2,501 $ETH (approximately $5.61 million) from ether.fi six hours ago, which has now been deposited into Binance.
Next news:According to on-chain data, legendary trader GCR transferred approximately $2.30 million worth of MAGA (TRUMP) to a MEXC deposit address 5 minutes ago, suspected to be a sale.

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.