PANews reported on September 9th that according to SoSoValue data, Bitcoin spot ETFs saw a total net inflow of $368 million on September 8th, Eastern Time, with none of the 12 ETFs experiencing net outflows. Fidelity's FBTC ETF saw a net inflow of $157 million per day, bringing its total net inflow to $11.934 billion. Ark Invest and 21Shares' ARKB ETF saw a net inflow of $89.4675 million per day, bringing its total net inflow to $2.101 billion. As of now, the total net asset value of Bitcoin spot ETFs is $145.414 billion, representing 6.52% of Bitcoin's total market capitalization, with a cumulative net inflow of $54.856 billion.

ETHZilla CEO McAndrew Rudisill said the company’s strategy is to deploy Ether on the Ethereum network through layer-2 protocols and tokenizing real-world assets. Ether treasury company ETHZilla is looking to raise another $350 million through new convertible bonds, with funds marked for more Ether purchases and generating yield through investments in the ecosystem. ETHZilla chairman and CEO McAndrew Rudisill said on Monday that the company’s strategy is to deploy Ether (ETH) in “cash-flowing assets” on the Ethereum network through layer-2 protocols and tokenizing real-world assets. A growing number of digital asset companies are moving past simply holding crypto and looking to generate yields through active participation in the ecosystem, which crypto executives told Cointelegraph in August, could help spark a DeFi Summer 2.0.Read more

