{"id":634953,"date":"2024-08-12T23:00:05","date_gmt":"2024-08-12T23:00:05","guid":{"rendered":"https:\/\/uniquehot.com\/?p=634953"},"modified":"2024-08-12T15:39:12","modified_gmt":"2024-08-12T15:39:12","slug":"ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/","title":{"rendered":"Ethereum Leads The Charge as Weekly Crypto Inflows Hit $176M\u2014CoinShares"},"content":{"rendered":"

Latest data from crypto asset manager CoinShares has shown a noticeable comeback in the crypto market. In its latest ‘digital asset fund flows weekly report,’ the asset manager revealed<\/a> that last week marked a significant uptick in investor confidence, as digital asset investment products saw $176 million in inflows.<\/p>\n

According to James Butterfill, head of research at CoinShares, this surge in inflow signals a strong, “unanimous” positive sentiment across the board, with particular attention to Ethereum-based funds.<\/p>\n

Related Reading: $0 Flows: BlackRock Unshaken Despite Recent Bitcoin Market Crash, Data Shows<\/a><\/div>\n

Dissecting The Crypto Fund Flows<\/h2>\n

Delving into the report, Butterfill revealed that Ethereum products have “distinctly” stood out, attracting $155 million of the total inflows, the highest year-to-date intake since 2021.<\/p>\n

This influx highlights the market\u2019s renewed interest in Ethereum, especially with the recent introduction of spot Ethereum exchange-traded funds (ETFs) in the United States, according to Butterfill.<\/p>\n

Notably, the successful live trading of these funds has not only boosted Ethereum’s position in the global crypto market but also appears to have played a pivotal role in the overall increase in its market cap<\/a> and investment product offerings.<\/p>\n

\"Crypto
Crypto asset fund flows. | Source: CoinShares<\/figcaption><\/figure>\n

As for Bitcoin, Butterfill revealed in the report that despite seeing outflows earlier in the week, Bitcoin could still end the week with a positive total inflow<\/a> of approximately $13 million.<\/p>\n

On the other hand, Short Bitcoin ETPs, as reported, “saw their largest outflows since May 2023, totaling $16m (23% of AuM), reducing AuM for short positions to its lowest level<\/a> since the start of the year, indicating a substantial investor exit.”<\/p>\n

Furthermore, Coinshares disclosed that despite the initial volatility, the overall market sentiment has been “overwhelmingly” positive. The report highlights that the inflows weren’t just isolated incidents but part of a broader, global positive reception to digital assets.<\/p>\n

\"Crypto
Crypto asset fund flows by Region<\/figcaption><\/figure>\n

Notably, regions such as the United States, Switzerland, Brazil, and Canada have been front runners, injecting substantial capital into the market. It is worth noting that this global participation in inflows highlights a collective bullish outlook despite previous major dips.<\/p>\n

Market Performances: ETH And BTC<\/h2>\n

Bitcoin<\/a> and Ethereum are struggling to defeat the bears, with both assets still maintaining their price mark above major key levels.<\/p>\n

Related Reading: Ethereum Price Weakens: Can It Defend the $2,500 Level?<\/a><\/div>\n

For instance, Ethereum still\u00a0trades above $2,500<\/a> at the time of writing,\u00a0<\/span>with a current trading price of $2,689. This price mark comes against the asset’s notable increase of more than 11% in the past week and the extended bullishness of a 1.6% surge in the past day.<\/p>\n

\"Ethereum
ETH price is moving sideways on the 1-hour chart. Source: ETH\/USDT on TradingView.com<\/a><\/figcaption><\/figure>\n

Bitcoin has also seen quite a surge in the past week, increasing by 11.4%. Although the asset has witnessed a decline of 0.4% in the past day, it is still maintaining its price below $60,000.<\/p>\n

Featured image created with DALL-E, Chart from TradingView<\/p>\n","protected":false},"excerpt":{"rendered":"

Latest data from crypto asset manager CoinShares has shown a noticeable comeback in the crypto market. In its latest ‘digital asset fund flows weekly report,’ the asset manager revealed that last week marked a significant uptick in investor confidence, as digital asset investment products saw $176 million in inflows. According to James Butterfill, head of research at CoinShares, this surge in inflow signals a strong, “unanimous” positive sentiment across the board, with particular attention to Ethereum-based funds. Related Reading: $0 Flows: BlackRock Unshaken Despite Recent Bitcoin Market Crash, Data Shows Dissecting The Crypto Fund Flows Delving into the report, Butterfill revealed that Ethereum products have “distinctly” stood out, attracting $155 million of the total inflows, the highest year-to-date intake since 2021. This influx highlights the market\u2019s renewed interest in Ethereum, especially with the recent introduction of spot Ethereum exchange-traded funds (ETFs) in the United States, according to Butterfill. Notably, the successful live trading of these funds has not only boosted Ethereum’s position in the global crypto market but also appears to have played a pivotal role in the overall increase in its market cap and investment product offerings. As for Bitcoin, Butterfill revealed in the report that despite seeing outflows earlier in the week, Bitcoin could still end the week with a positive total inflow of approximately $13 million. On the other hand, Short Bitcoin ETPs, as reported, “saw their largest outflows since May 2023, totaling $16m (23% of AuM), reducing AuM for short positions to its lowest level since the start of the year, indicating a substantial investor exit.” Furthermore, Coinshares disclosed that despite the initial volatility, the overall market sentiment has been “overwhelmingly” positive. The report highlights that the inflows weren’t just isolated incidents but part of a broader, global positive reception to digital assets. Notably, regions such as the United States, Switzerland, Brazil, and Canada have been front runners, injecting substantial capital into the market. It is worth noting that this global participation in inflows highlights a collective bullish outlook despite previous major dips. Market Performances: ETH And BTC Bitcoin and Ethereum are struggling to defeat the bears, with both assets still maintaining their price mark above major key levels. Related Reading: Ethereum Price Weakens: Can It Defend the $2,500 Level? For instance, Ethereum still\u00a0trades above $2,500 at the time of writing,\u00a0with a current trading price of $2,689. This price mark comes against the asset’s notable increase of more than 11% in the past week and the extended bullishness of a 1.6% surge in the past day. Bitcoin has also seen quite a surge in the past week, increasing by 11.4%. Although the asset has witnessed a decline of 0.4% in the past day, it is still maintaining its price below $60,000. Featured image created with DALL-E, Chart from TradingView<\/p>\n","protected":false},"author":580,"featured_media":634967,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[13625],"tags":[428,78790,16180,84986,10923,1946,78803],"class_list":["post-634953","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-bitcoin","tag-btcusdt","tag-coinshares","tag-crypto-inflows","tag-crypto-market","tag-ethereum","tag-ethusdt"],"acf":[],"yoast_head":"\nEthereum Leads The Charge as Weekly Crypto Inflows Hit $176M\u2014CoinShares<\/title>\n<meta name=\"description\" content=\"Latest data from crypto asset manager CoinShares has shown a noticeable comeback in the crypto market. In its latest 'digital asset fund flows...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum Leads The Charge as Weekly Crypto Inflows Hit $176M\u2014CoinShares\" \/>\n<meta property=\"og:description\" content=\"Latest data from crypto asset manager CoinShares has shown a noticeable comeback in the crypto market. In its latest 'digital asset fund flows...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-12T23:00:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-12T15:39:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/08\/DALL\u00b7E-2024-08-12-15.47.07-A-digital-illustration-highlighting-Ethereums-leadership-in-the-weekly-crypto-inflows-totaling-176M.-The-image-features-the-Ethereum-symbol-promine.jpg?fit=1024%2C1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Samuel Edyme\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@0xEdyme\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samuel Edyme\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/\"},\"author\":{\"name\":\"Samuel Edyme\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500\"},\"headline\":\"Ethereum Leads The Charge as Weekly Crypto Inflows Hit $176M\u2014CoinShares\",\"datePublished\":\"2024-08-12T23:00:05+00:00\",\"dateModified\":\"2024-08-12T15:39:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/\"},\"wordCount\":512,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/08\/DALL\u00b7E-2024-08-12-15.47.07-A-digital-illustration-highlighting-Ethereums-leadership-in-the-weekly-crypto-inflows-totaling-176M.-The-image-features-the-Ethereum-symbol-promine.jpg?fit=1024%2C1024\",\"keywords\":[\"bitcoin\",\"BTCUSDT\",\"coinshares\",\"crypto inflows\",\"crypto market\",\"ethereum\",\"ETHUSDT\"],\"articleSection\":[\"Ethereum\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/\",\"url\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/\",\"name\":\"Ethereum Leads The Charge as Weekly Crypto Inflows Hit $176M\u2014CoinShares\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/08\/DALL\u00b7E-2024-08-12-15.47.07-A-digital-illustration-highlighting-Ethereums-leadership-in-the-weekly-crypto-inflows-totaling-176M.-The-image-features-the-Ethereum-symbol-promine.jpg?fit=1024%2C1024\",\"datePublished\":\"2024-08-12T23:00:05+00:00\",\"dateModified\":\"2024-08-12T15:39:12+00:00\",\"description\":\"Latest data from crypto asset manager CoinShares has shown a noticeable comeback in the crypto market. In its latest 'digital asset fund flows...\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/08\/DALL\u00b7E-2024-08-12-15.47.07-A-digital-illustration-highlighting-Ethereums-leadership-in-the-weekly-crypto-inflows-totaling-176M.-The-image-features-the-Ethereum-symbol-promine.jpg?fit=1024%2C1024\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/08\/DALL\u00b7E-2024-08-12-15.47.07-A-digital-illustration-highlighting-Ethereums-leadership-in-the-weekly-crypto-inflows-totaling-176M.-The-image-features-the-Ethereum-symbol-promine.jpg?fit=1024%2C1024\",\"width\":1024,\"height\":1024,\"caption\":\"Ethereum Leads The Charge as Crypto Inflows Hit $176M\u2014CoinShares\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ethereum Leads The Charge as Weekly Crypto Inflows Hit $176M\u2014CoinShares\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500\",\"name\":\"Samuel Edyme\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g\",\"caption\":\"Samuel Edyme\"},\"description\":\"Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics. When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. Screw it, he ate the opp.\",\"sameAs\":[\"https:\/\/x.com\/0xEdyme\"],\"url\":\"https:\/\/uniquehot.com\/author\/samueledymeabayomi\/\"}]}<\/script>\n","yoast_head_json":{"title":"Ethereum Leads The Charge as Weekly Crypto Inflows Hit $176M\u2014CoinShares","description":"Latest data from crypto asset manager CoinShares has shown a noticeable comeback in the crypto market. In its latest 'digital asset fund flows...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/","og_locale":"en_US","og_type":"article","og_title":"Ethereum Leads The Charge as Weekly Crypto Inflows Hit $176M\u2014CoinShares","og_description":"Latest data from crypto asset manager CoinShares has shown a noticeable comeback in the crypto market. In its latest 'digital asset fund flows...","og_url":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-08-12T23:00:05+00:00","article_modified_time":"2024-08-12T15:39:12+00:00","og_image":[{"width":1024,"height":1024,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/08\/DALL\u00b7E-2024-08-12-15.47.07-A-digital-illustration-highlighting-Ethereums-leadership-in-the-weekly-crypto-inflows-totaling-176M.-The-image-features-the-Ethereum-symbol-promine.jpg?fit=1024%2C1024","type":"image\/jpeg"}],"author":"Samuel Edyme","twitter_card":"summary_large_image","twitter_creator":"@0xEdyme","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Samuel Edyme","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/"},"author":{"name":"Samuel Edyme","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500"},"headline":"Ethereum Leads The Charge as Weekly Crypto Inflows Hit $176M\u2014CoinShares","datePublished":"2024-08-12T23:00:05+00:00","dateModified":"2024-08-12T15:39:12+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/"},"wordCount":512,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/08\/DALL\u00b7E-2024-08-12-15.47.07-A-digital-illustration-highlighting-Ethereums-leadership-in-the-weekly-crypto-inflows-totaling-176M.-The-image-features-the-Ethereum-symbol-promine.jpg?fit=1024%2C1024","keywords":["bitcoin","BTCUSDT","coinshares","crypto inflows","crypto market","ethereum","ETHUSDT"],"articleSection":["Ethereum"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/","url":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/","name":"Ethereum Leads The Charge as Weekly Crypto Inflows Hit $176M\u2014CoinShares","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/08\/DALL\u00b7E-2024-08-12-15.47.07-A-digital-illustration-highlighting-Ethereums-leadership-in-the-weekly-crypto-inflows-totaling-176M.-The-image-features-the-Ethereum-symbol-promine.jpg?fit=1024%2C1024","datePublished":"2024-08-12T23:00:05+00:00","dateModified":"2024-08-12T15:39:12+00:00","description":"Latest data from crypto asset manager CoinShares has shown a noticeable comeback in the crypto market. In its latest 'digital asset fund flows...","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/08\/DALL\u00b7E-2024-08-12-15.47.07-A-digital-illustration-highlighting-Ethereums-leadership-in-the-weekly-crypto-inflows-totaling-176M.-The-image-features-the-Ethereum-symbol-promine.jpg?fit=1024%2C1024","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/08\/DALL\u00b7E-2024-08-12-15.47.07-A-digital-illustration-highlighting-Ethereums-leadership-in-the-weekly-crypto-inflows-totaling-176M.-The-image-features-the-Ethereum-symbol-promine.jpg?fit=1024%2C1024","width":1024,"height":1024,"caption":"Ethereum Leads The Charge as Crypto Inflows Hit $176M\u2014CoinShares"},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Ethereum Leads The Charge as Weekly Crypto Inflows Hit $176M\u2014CoinShares"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500","name":"Samuel Edyme","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g","caption":"Samuel Edyme"},"description":"Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics. When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. Screw it, he ate the opp.","sameAs":["https:\/\/x.com\/0xEdyme"],"url":"https:\/\/uniquehot.com\/author\/samueledymeabayomi\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Ethereum Leads The Charge as Weekly Crypto Inflows Hit $176M\u2014CoinShares","url":"http:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/ethereum\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/08\/DALL\u00b7E-2024-08-12-15.47.07-A-digital-illustration-highlighting-Ethereums-leadership-in-the-weekly-crypto-inflows-totaling-176M.-The-image-features-the-Ethereum-symbol-promine.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/08\/DALL\u00b7E-2024-08-12-15.47.07-A-digital-illustration-highlighting-Ethereums-leadership-in-the-weekly-crypto-inflows-totaling-176M.-The-image-features-the-Ethereum-symbol-promine.jpg?fit=1024%2C1024"},"articleSection":"Ethereum","author":[{"@type":"Person","name":"Samuel Edyme"}],"creator":["Samuel Edyme"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","btcusdt","coinshares","crypto inflows","crypto market","ethereum","ethusdt"],"dateCreated":"2024-08-12T23:00:05Z","datePublished":"2024-08-12T23:00:05Z","dateModified":"2024-08-12T23:00:05Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ethereum Leads The Charge as Weekly Crypto Inflows Hit $176M\\u2014CoinShares\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ethereum\\\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ethereum\\\/ethereum-leads-the-charge-as-weekly-crypto-inflows-hit-176m-coinshares\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/DALL\\u00b7E-2024-08-12-15.47.07-A-digital-illustration-highlighting-Ethereums-leadership-in-the-weekly-crypto-inflows-totaling-176M.-The-image-features-the-Ethereum-symbol-promine.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/DALL\\u00b7E-2024-08-12-15.47.07-A-digital-illustration-highlighting-Ethereums-leadership-in-the-weekly-crypto-inflows-totaling-176M.-The-image-features-the-Ethereum-symbol-promine.jpg?fit=1024%2C1024\"},\"articleSection\":\"Ethereum\",\"author\":[{\"@type\":\"Person\",\"name\":\"Samuel Edyme\"}],\"creator\":[\"Samuel Edyme\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"btcusdt\",\"coinshares\",\"crypto inflows\",\"crypto market\",\"ethereum\",\"ethusdt\"],\"dateCreated\":\"2024-08-12T23:00:05Z\",\"datePublished\":\"2024-08-12T23:00:05Z\",\"dateModified\":\"2024-08-12T23:00:05Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/08\/DALL\u00b7E-2024-08-12-15.47.07-A-digital-illustration-highlighting-Ethereums-leadership-in-the-weekly-crypto-inflows-totaling-176M.-The-image-features-the-Ethereum-symbol-promine.jpg?fit=1024%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/634953"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/580"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=634953"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/634953\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/634967"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=634953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=634953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=634953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}