PANews reported on October 24th that according to SoSoValue data, Bitcoin spot ETFs saw a total net inflow of $20.3254 million on October 23rd (EST). BlackRock's IBIT led the way with a single-day net inflow of $108 million, bringing its total net inflow to $65.273 billion. Bitwise BITB ranked second with a net inflow of $17.4081 million, while Grayscale's GBTC saw a net outflow of $60.4850 million, bringing its cumulative net outflow to $24.616 billion. As of press time, the total net asset value of Bitcoin spot ETFs was US$149.431 billion, accounting for 6.84% of the total market value of Bitcoin, with a historical cumulative net inflow of US$61.894 billion.PANews reported on October 24th that according to SoSoValue data, Bitcoin spot ETFs saw a total net inflow of $20.3254 million on October 23rd (EST). BlackRock's IBIT led the way with a single-day net inflow of $108 million, bringing its total net inflow to $65.273 billion. Bitwise BITB ranked second with a net inflow of $17.4081 million, while Grayscale's GBTC saw a net outflow of $60.4850 million, bringing its cumulative net outflow to $24.616 billion. As of press time, the total net asset value of Bitcoin spot ETFs was US$149.431 billion, accounting for 6.84% of the total market value of Bitcoin, with a historical cumulative net inflow of US$61.894 billion.

                                                                               Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle.                     Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more