到2026年底，超過4000億美元的機構資本將流入比特幣

預計2025年將見證超過1,200億美元的機構流入比特幣。該數字預計在2026年將飆升至3000億美元。

Institutions are expected to allocate more than $400 billion in capital to Bitcoin by the end of 2026, UTXO Management and Bitwise Asset Management predicted in a recent report.

預計到2026年底，機構有望將超過4000億美元的資本分配給比特幣，UTXO管理和近期報告中預測的位資產管理。

Aimed at diversifying government treasury assets, capital outflows from institutions into Bitcoin are expected to begin in earnest this year, with more than $120 billion in institutional flows to be seen in 2025. The figure is expected to soar to $300 billion in 2026.

為了使政府財政資產多樣化，機構的資本外流預計今年將開始認真地開始，將在2025年看到超過1,200億美元的機構流量。預計該數字將在2026年飆升至3000億美元。

The investment should accumulate more than 4.2 million BTC during the period, the report says.

該報告說，在此期間，投資應累積超過420萬BTC。

With President Donald Trump already announcing the establishment of a strategic Bitcoin reserve in March, there are state bills also that aim to convert seized Bitcoin into a treasury asset. More than 20 states, including New Hampshire and Arizona, are already exploring this possibility.

唐納德·特朗普總統已經在3月宣佈建立戰略性比特幣儲備金，也有一些州法案，旨在將佔領比特幣轉換為財政資產。包括新罕布什爾州和亞利桑那州在內的20多個州已經在探索這種可能性。

Once legislated, these bills could invite capital worth $19 billion into Bitcoin.

一旦立法，這些法案可能會邀請價值190億美元的比特幣。

At least five states in the U.S. and four other countries, such as Bhutan, are expected to factor in Bitcoin into their treasury strategy, according to the report.

該報告稱，美國和其他四個國家（例如不丹）至少有五個州有望將比特幣納入其國庫戰略。

Bitcoin treasury companies such as Strategy (Nasdaq: MSTR) are set to acquire over 1 million BTC by the end of 2026. In fact, the number of such public companies is expected to more than double by then as geopolitical instability, fiat devaluation, and inflationary pressures rise.

諸如戰略（NASDAQ：MSTR）之類的比特幣財政公司將在2026年底之前收購超過100萬BTC。實際上，隨著地緣政治不穩定，法定貶值和通貨膨脹壓力，此類上市公司的數量預計將增加一倍以上。

Such treasury companies are expected to adopt Bitcoin-native yield strategies, such as lending, staking, etc., by 2026 to attract more investment.

預計此類財政公司將在2026年之前採用比特幣本地收益策略，例如貸款，積分等，以吸引更多的投資。

“We’re entering a new era of Bitcoin adoption—one that is not driven by hype cycles, but by balance sheet fundamentals, sovereign strategy, and long-term fiduciary mandates,” UTXO Management's research lead Guillaume Girard said.

UTXO管理層的Guillaume Girard說：“我們進入了一個新的比特幣採用時代，這不是由炒作週期驅動的，而是由資產負債表的基本面，主權策略和長期信託授權驅動。”

"Over the next 18 months, bitcoin is set to cement its role as a global store of value," Bitwise Asset Management's senior investment strategist Juan Leon said.

Bitwise Management的高級投資策略師Juan Leon說：“在接下來的18個月中，比特幣將鞏固其作為全球價值存儲的作用。”