Crypto News - 27 September 2024

Crypto News - 27 September 2024

Sep 27, 2024

Another week in the green with the majors experiencing single digit growth more or less across the board. Ethereum took center stage this week as network fees increased along with the price of Ethereum gas token $ETH experiencing a 6.1% gain on the 7 day chart.

As always we open up our farside ETF flow tracker to see what the institutional traders are doing. BTC ETFs have absorbed over $611m in inflows this week alone and the week isn’t over, in fact this is the highest net inflows since July for $BTC ETFs. Ethereum ETF flow is looking more promising this week too with a net inflow of over $105m so far this week.

To answer the question in the subject, yes the Green in the markets has in fact turned Fear into Greed according to the Fear & Greed Index we track.

How are you feeling about the markets? Reply to this newsletter and let us know!

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All money transmission is provided by Metallicus, Inc. pursuant to Metallicus, Inc.’s licenses, and/or the applicable law depending on the jurisdiction. © 2024 Metallicus, Inc.

License issued to Metallicus by the Louisiana Office of Financial Institutions does not cover the exchange or transmission of virtual currency.

Experience swift, secure crypto trading with Metal Pay. Benefit from the lowest fees, easy card purchases, and dedicated 24/7 human support. Simplify your digital asset transactions with us.

Metal Pay is a service of Metallicus, Inc., a licensed provider of money transfer services (NMLS ID: 2057807).

All money transmission is provided by Metallicus, Inc. pursuant to Metallicus, Inc.’s licenses, and/or the applicable law depending on the jurisdiction. © 2024 Metallicus, Inc.

License issued to Metallicus by the Louisiana Office of Financial Institutions does not cover the exchange or transmission of virtual currency.

Experience swift, secure crypto trading with Metal Pay. Benefit from the lowest fees, easy card purchases, and dedicated 24/7 human support. Simplify your digital asset transactions with us.

Metal Pay is a service of Metallicus, Inc., a licensed provider of money transfer services (NMLS ID: 2057807).

All money transmission is provided by Metallicus, Inc. pursuant to Metallicus, Inc.’s licenses, and/or the applicable law depending on the jurisdiction. © 2024 Metallicus, Inc.

License issued to Metallicus by the Louisiana Office of Financial Institutions does not cover the exchange or transmission of virtual currency.