{"id":565894,"date":"2023-12-19T02:00:01","date_gmt":"2023-12-19T02:00:01","guid":{"rendered":"https:\/\/wncen.com\/?p=565894"},"modified":"2024-06-11T08:01:25","modified_gmt":"2024-06-11T08:01:25","slug":"crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/","title":{"rendered":"Crypto Funds’ 11-Week Inflow Streak Snapped: Bitcoin Faces $33M Exodus As Altcoins Shine"},"content":{"rendered":"

The crypto investment landscape has experienced a notable shift recently, as digital asset investment products saw their first net outflows in 11 weeks. This development was predominantly led by Bitcoin, which had previously enjoyed a consistent inflow into various crypto funds.<\/p>\n

In a recent report<\/a> by CoinShares, a leading digital asset management firm, last week marked a break in an 11-week streak of inflows, with a net outflow of $16 million. This change signals a potential reevaluation<\/a> among investors regarding their positions in digital assets.<\/p>\n

Related Reading: Bitcoin\u2019s Unshakable Bottom: Analyst Reveals The Price BTC Won\u2019t Drop Below<\/a><\/div>\n

Bitcoin Funds Encounter Turbulence<\/h2>\n

Bitcoin-based funds were at the forefront of this movement, experiencing significant outflows. Last week, these funds experienced a net outflow of $32.8 million, while short Bitcoin investment products also saw a minor outflow of $300,000.<\/p>\n

Despite this, trading activity for Bitcoin remained robust, grossing $3.6 billion last week, substantially higher<\/a> than the $1.6 billion yearly average.<\/p>\n

James Butterfill, Head of Research at CoinShares, analyzed the outflows and suggested that the net flows were primarily driven by the US and German markets, which saw outflows of $18.3 million and $9.7 million, respectively.<\/p>\n

In contrast, markets such as Switzerland and Canada saw inflows, indicating a mixed regional response that leans more towards profit-taking<\/a> rather than a wholesale sentiment shift in the asset class, according to Butterfill.<\/p>\n

\"Crypto
Crypto asset flows by country. | Source: Coinshares<\/a><\/figcaption><\/figure>\n

Altcoins Gain Traction As Blockchain Equities Surge<\/h2>\n

Interestingly, while Bitcoin and other major assets like Ethereum and Avalanche experienced outflows, altcoins such as Solana, Cardano, and XRP bucked the trend. They mainly registered inflows of $10.6 million, $3 million, and $2.7 million, respectively.<\/p>\n

\"Crypto
Crypto asset flows. | Source: Coinshares<\/a><\/figcaption><\/figure>\n

These movements underscore the diversification within the crypto asset class and highlight investor interest in a broader range of digital currencies beyond the dominant Bitcoin and Ethereum.<\/p>\n

Blockchain equities also reflected a favourable sentiment<\/a>, with inflows amounting to $122 million last week. This marks the continuation of a nine-week streak, accumulating $294 million in total \u2014 the largest streak to date.<\/p>\n

This uptick in blockchain equities underscores the growing investor confidence in the technological infrastructure underpinning cryptocurrencies.<\/p>\n

Related Reading: Market Jolt: Bitcoin Falls Below $42,000 As Short Term Holders Rush To Cash In<\/a><\/div>\n

Regarding price performance, the past week saw mixed results among top crypto assets. While Bitcoin recorded a relatively modest decline<\/a> of 1.8%, XRP and Ethereum saw more significant drops of 4.4% and 3.7%, respectively.<\/p>\n

\"Bitcoin
Bitcoin (BTC) price is moving sideways on the 4-hour chart. Source: BTC\/USDT on TradingView.com<\/a><\/figcaption><\/figure>\n

Conversely, altcoins such as Solana, Cardano, and Avalanche showcased appreciable gains. Avalanche led the pack with an increase of over 10% in the past week, followed by Solana and Cardano with gains of 3.1% and 3.6%, respectively.<\/p>\n

Featured image from iStock, Chart from TradingView<\/p>\n","protected":false},"excerpt":{"rendered":"

The crypto investment landscape has experienced a notable shift recently, as digital asset investment products saw their first net outflows in 11 weeks. This development was predominantly led by Bitcoin, which had previously enjoyed a consistent inflow into various crypto funds. In a recent report by CoinShares, a leading digital asset management firm, last week marked a break in an 11-week streak of inflows, with a net outflow of $16 million. This change signals a potential reevaluation among investors regarding their positions in digital assets. Related Reading: Bitcoin\u2019s Unshakable Bottom: Analyst Reveals The Price BTC Won\u2019t Drop Below Bitcoin Funds Encounter Turbulence Bitcoin-based funds were at the forefront of this movement, experiencing significant outflows. Last week, these funds experienced a net outflow of $32.8 million, while short Bitcoin investment products also saw a minor outflow of $300,000. Despite this, trading activity for Bitcoin remained robust, grossing $3.6 billion last week, substantially higher than the $1.6 billion yearly average. James Butterfill, Head of Research at CoinShares, analyzed the outflows and suggested that the net flows were primarily driven by the US and German markets, which saw outflows of $18.3 million and $9.7 million, respectively. In contrast, markets such as Switzerland and Canada saw inflows, indicating a mixed regional response that leans more towards profit-taking rather than a wholesale sentiment shift in the asset class, according to Butterfill. Altcoins Gain Traction As Blockchain Equities Surge Interestingly, while Bitcoin and other major assets like Ethereum and Avalanche experienced outflows, altcoins such as Solana, Cardano, and XRP bucked the trend. They mainly registered inflows of $10.6 million, $3 million, and $2.7 million, respectively. These movements underscore the diversification within the crypto asset class and highlight investor interest in a broader range of digital currencies beyond the dominant Bitcoin and Ethereum. Blockchain equities also reflected a favourable sentiment, with inflows amounting to $122 million last week. This marks the continuation of a nine-week streak, accumulating $294 million in total \u2014 the largest streak to date. This uptick in blockchain equities underscores the growing investor confidence in the technological infrastructure underpinning cryptocurrencies. Related Reading: Market Jolt: Bitcoin Falls Below $42,000 As Short Term Holders Rush To Cash In Regarding price performance, the past week saw mixed results among top crypto assets. While Bitcoin recorded a relatively modest decline of 1.8%, XRP and Ethereum saw more significant drops of 4.4% and 3.7%, respectively. Conversely, altcoins such as Solana, Cardano, and Avalanche showcased appreciable gains. Avalanche led the pack with an increase of over 10% in the past week, followed by Solana and Cardano with gains of 3.1% and 3.6%, respectively. Featured image from iStock, Chart from TradingView<\/p>\n","protected":false},"author":580,"featured_media":565898,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[9885,428,1119,78790,6664,1946,83626,4531],"class_list":["post-565894","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-avalanche","tag-bitcoin","tag-btc","tag-btcusdt","tag-crypto","tag-ethereum","tag-solana","tag-xrp"],"acf":[],"yoast_head":"\nCrypto Funds' 11-Week Inflow Streak Snapped: Bitcoin Faces $33M Exodus As Altcoins Shine<\/title>\n<meta name=\"description\" content=\"The crypto investment landscape has experienced a notable shift recently, affecting Bitcoin, as digital asset investment products saw...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Funds' 11-Week Inflow Streak Snapped: Bitcoin Faces $33M Exodus As Altcoins Shine\" \/>\n<meta property=\"og:description\" content=\"The crypto investment landscape has experienced a notable shift recently, affecting Bitcoin, as digital asset investment products saw...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/\" \/>\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=\"2023-12-19T02:00:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T08:01:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/Crypto-Funds-11-Week-Inflow-Streak-Snapped-Bitcoin-Faces-33M-Exodus-As-Altcoins-Shine.jpg?fit=507%2C337\" \/>\n\t<meta property=\"og:image:width\" content=\"507\" \/>\n\t<meta property=\"og:image:height\" content=\"337\" \/>\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=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/\"},\"author\":{\"name\":\"Samuel Edyme\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500\"},\"headline\":\"Crypto Funds’ 11-Week Inflow Streak Snapped: Bitcoin Faces $33M Exodus As Altcoins Shine\",\"datePublished\":\"2023-12-19T02:00:01+00:00\",\"dateModified\":\"2024-06-11T08:01:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/\"},\"wordCount\":482,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/Crypto-Funds-11-Week-Inflow-Streak-Snapped-Bitcoin-Faces-33M-Exodus-As-Altcoins-Shine.jpg?fit=507%2C337\",\"keywords\":[\"Avalanche\",\"bitcoin\",\"btc\",\"BTCUSDT\",\"crypto\",\"ethereum\",\"Solana\",\"xrp\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/\",\"url\":\"https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/\",\"name\":\"Crypto Funds' 11-Week Inflow Streak Snapped: Bitcoin Faces $33M Exodus As Altcoins Shine\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/Crypto-Funds-11-Week-Inflow-Streak-Snapped-Bitcoin-Faces-33M-Exodus-As-Altcoins-Shine.jpg?fit=507%2C337\",\"datePublished\":\"2023-12-19T02:00:01+00:00\",\"dateModified\":\"2024-06-11T08:01:25+00:00\",\"description\":\"The crypto investment landscape has experienced a notable shift recently, affecting Bitcoin, as digital asset investment products saw...\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/Crypto-Funds-11-Week-Inflow-Streak-Snapped-Bitcoin-Faces-33M-Exodus-As-Altcoins-Shine.jpg?fit=507%2C337\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/Crypto-Funds-11-Week-Inflow-Streak-Snapped-Bitcoin-Faces-33M-Exodus-As-Altcoins-Shine.jpg?fit=507%2C337\",\"width\":507,\"height\":337,\"caption\":\"Crypto Funds' 11-Week Inflow Streak Snapped: Bitcoin Faces $33M Exodus As Altcoins Shine\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Crypto Funds’ 11-Week Inflow Streak Snapped: Bitcoin Faces $33M Exodus As Altcoins Shine\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500\",\"name\":\"Samuel Edyme\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.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:\/\/wncen.com\/author\/samueledymeabayomi\/\"}]}<\/script>\n","yoast_head_json":{"title":"Crypto Funds' 11-Week Inflow Streak Snapped: Bitcoin Faces $33M Exodus As Altcoins Shine","description":"The crypto investment landscape has experienced a notable shift recently, affecting Bitcoin, as digital asset investment products saw...","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:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/","og_locale":"en_US","og_type":"article","og_title":"Crypto Funds' 11-Week Inflow Streak Snapped: Bitcoin Faces $33M Exodus As Altcoins Shine","og_description":"The crypto investment landscape has experienced a notable shift recently, affecting Bitcoin, as digital asset investment products saw...","og_url":"https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-12-19T02:00:01+00:00","article_modified_time":"2024-06-11T08:01:25+00:00","og_image":[{"width":507,"height":337,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/Crypto-Funds-11-Week-Inflow-Streak-Snapped-Bitcoin-Faces-33M-Exodus-As-Altcoins-Shine.jpg?fit=507%2C337","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":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/"},"author":{"name":"Samuel Edyme","@id":"https:\/\/wncen.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500"},"headline":"Crypto Funds’ 11-Week Inflow Streak Snapped: Bitcoin Faces $33M Exodus As Altcoins Shine","datePublished":"2023-12-19T02:00:01+00:00","dateModified":"2024-06-11T08:01:25+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/"},"wordCount":482,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/Crypto-Funds-11-Week-Inflow-Streak-Snapped-Bitcoin-Faces-33M-Exodus-As-Altcoins-Shine.jpg?fit=507%2C337","keywords":["Avalanche","bitcoin","btc","BTCUSDT","crypto","ethereum","Solana","xrp"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/","url":"https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/","name":"Crypto Funds' 11-Week Inflow Streak Snapped: Bitcoin Faces $33M Exodus As Altcoins Shine","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/Crypto-Funds-11-Week-Inflow-Streak-Snapped-Bitcoin-Faces-33M-Exodus-As-Altcoins-Shine.jpg?fit=507%2C337","datePublished":"2023-12-19T02:00:01+00:00","dateModified":"2024-06-11T08:01:25+00:00","description":"The crypto investment landscape has experienced a notable shift recently, affecting Bitcoin, as digital asset investment products saw...","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/Crypto-Funds-11-Week-Inflow-Streak-Snapped-Bitcoin-Faces-33M-Exodus-As-Altcoins-Shine.jpg?fit=507%2C337","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/Crypto-Funds-11-Week-Inflow-Streak-Snapped-Bitcoin-Faces-33M-Exodus-As-Altcoins-Shine.jpg?fit=507%2C337","width":507,"height":337,"caption":"Crypto Funds' 11-Week Inflow Streak Snapped: Bitcoin Faces $33M Exodus As Altcoins Shine"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Crypto Funds’ 11-Week Inflow Streak Snapped: Bitcoin Faces $33M Exodus As Altcoins Shine"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500","name":"Samuel Edyme","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.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:\/\/wncen.com\/author\/samueledymeabayomi\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Crypto Funds’ 11-Week Inflow Streak Snapped: Bitcoin Faces $33M Exodus As Altcoins Shine","url":"http:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/Crypto-Funds-11-Week-Inflow-Streak-Snapped-Bitcoin-Faces-33M-Exodus-As-Altcoins-Shine.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/Crypto-Funds-11-Week-Inflow-Streak-Snapped-Bitcoin-Faces-33M-Exodus-As-Altcoins-Shine.jpg?fit=507%2C337"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Samuel Edyme"}],"creator":["Samuel Edyme"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["avalanche","bitcoin","btc","btcusdt","crypto","ethereum","solana","xrp"],"dateCreated":"2023-12-19T02:00:01Z","datePublished":"2023-12-19T02:00:01Z","dateModified":"2024-06-11T08:01:25Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Crypto Funds’ 11-Week Inflow Streak Snapped: Bitcoin Faces $33M Exodus As Altcoins Shine\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/Crypto-Funds-11-Week-Inflow-Streak-Snapped-Bitcoin-Faces-33M-Exodus-As-Altcoins-Shine.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/Crypto-Funds-11-Week-Inflow-Streak-Snapped-Bitcoin-Faces-33M-Exodus-As-Altcoins-Shine.jpg?fit=507%2C337\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Samuel Edyme\"}],\"creator\":[\"Samuel Edyme\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"avalanche\",\"bitcoin\",\"btc\",\"btcusdt\",\"crypto\",\"ethereum\",\"solana\",\"xrp\"],\"dateCreated\":\"2023-12-19T02:00:01Z\",\"datePublished\":\"2023-12-19T02:00:01Z\",\"dateModified\":\"2024-06-11T08:01:25Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/Crypto-Funds-11-Week-Inflow-Streak-Snapped-Bitcoin-Faces-33M-Exodus-As-Altcoins-Shine.jpg?fit=507%2C337","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/565894"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/580"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=565894"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/565894\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/565898"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=565894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=565894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=565894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}