Cryptocurrencies are demonstrating mixed performance at the beginning of September. Here are the latest updates on what is happening in the crypto market today.
According to the data from SoSoValue, spot Bitcoin ETFs attracted $332.7 million in net inflows on Sept. 2. Fidelity’s FBTC with $132.7 million and BlackRock’s IBIT with $72.8 million are leading the way.
World Liberty Financial has started burning its WLFI token in an effort to lift its declining price. On Sept. 3, it burned 47 million tokens
On Sept. 1, the token briefly hit a high of $0.331 but has since continued to fall. Over the past 24 hours, it dropped 7.8% and is trading at around $0.22.
Bitget Token (BGB), Bitcoin Cash (BCH), Fartcoin (FARTCOIN), Four (FORM), and Ondo (ONDO) are among the top performers at the moment, with 24-hour gains ranging from 4% to 6%.
The Ethereum staking entry queue has climbed to its highest point since September 2023. The on-chain data shows that 860,369 ETH ($3.7 billion) is awaiting staking.
The growth of this staking entry queue is greatly driven by institutional investors and crypto treasury firms that want to earn rewards on their holdings.