比特幣（BTC）ETFS被流血，因為市場波動搖晃投資者的信心

在4月7日至4月11日之間，機構投資者從BTC資金中撤出了一部分資本。

Last week saw significant outflows from Bitcoin (BTC) spot exchange-traded funds (ETFs) as the market grappled with persistent volatility and BTC's failure to break through the crucial $85,000 resistance level.

上週，比特幣（BTC）現貨交易所貿易資金（ETF）的大量流出，因為市場與持續的波動性陷入困境，而BTC未能突破至關重要的$ 85,000的阻力水平。

Institutional investors pulled out a portion of their capital from BTC funds, with the move largely driven by broader market troubles, which kept BTC’s price below the highly coveted $85,000 mark and dragged it down to as low as $74,000 a few times.

機構投資者從BTC基金中撤出了一部分資本，此舉在很大程度上是由更廣泛的市場麻煩驅動的，這使BTC的價格低於令人垂涎的85,000美元，並將其拖到了幾次低至74,000美元的低至74,000美元。

During the review period, total net outflows reached $713 million, a 314% increase compared to the previous week’s withdrawals of $172.69 million.

在審查期間，淨流出總額達到7.13億美元，比上週撤回1.7269億美元增加了314％。

The largest weekly outflow came from BlackRock’s IBIT, which saw $343 million in net outflows, marking 48% of all sums removed. Grayscale’s GBTC followed with $161 million in outflows, bringing its total net outflows to $22.78 billion.

每週最大的流出量來自貝萊德的IBIT，淨流出了3.43億美元，佔所有款項的48％。 Grayscale的GBTC隨後出現了1.61億美元的外流，其總淨外流達到227.8億美元。

Although the ETF market bled, some funds managed to record inflows last week. Per SosoValue, Grayscale’s Bitcoin Mini Trust saw the highest net inflow among BTC spot ETFs last week, bringing in $2.39 million.

儘管ETF市場流血，但一些資金在上週設法記錄了流入。 Per per Sosovalue上週，Grayscale的比特幣迷你信託基金（BTC）ETF中的淨流入最高，帶來了239萬美元。

Some of the biggest movers among BTC spot ETFs last week:

上週BTC現場ETF中一些最大的推動者：

OTE: $2.39 billion in net outflows

OTE：23.9億美元的淨流出

GBTC: $161 million in net outflows

GBTC：1.61億美元的淨流出

IBIT: $343 million in net outflows

IBIT：3.43億美元的淨流出

Among the biggest BTC spot ETF inflows last week:

上週最大的BTC斑點ETF流入中：

MBI: $2.39 million in net outflows

MBI：239萬美元的淨流出

BTI: $1.06 million in net outflows

BTI：106萬美元的淨流出

In other market trends, BTC’s futures open interest has started the new week on a decline, although funding rates remain positive.

在其他市場趨勢中，BTC的未來開放興趣已經開始了新的一周，儘管資金率仍然是積極的。

It currently stands at $55.73 billion at press time, noting a 5% dip over the past day. This is happening amid the broader market’s recovery attempt, which has seen BTC’s value climb by a modest 1% over the past day.

目前，它在發稿時為57.3億美元，指出過去幾天的下降5％。在更廣泛的市場的恢復嘗試中，這種情況正在發生，過去一天，BTC的價值攀升1％。

A decline in open interest while BTC‘s price rises signals short-term caution among derivatives traders. It suggests that traders are closing out positions rather than entering new ones.

開放利息的下降，而BTC的價格提高了衍生品交易者的短期謹慎。這表明交易者正在關閉職位，而不是進入新職位。

Despite this, funding rates remain positive, suggesting that long positions still dominate among perpetual futures traders, albeit with a more cautious tone.

儘管如此，資金率仍然是積極的，這表明長期以來的職位仍然佔據著永久性交易者的占主導地位，儘管語氣更加謹慎。

Meanwhile, there are currently more put contracts than call contracts in the options market, signaling a bearish tilt in trader sentiment. This higher put/call ratio signals more BTC traders are betting on a potential downside move for the coin or are actively hedging against near-term losses.

同時，目前的合同比在期權市場上的呼叫合同多，這表明交易者情緒中的看跌傾向。較高的看漲/呼叫比率信號是更多的BTC交易者正在押注硬幣的潛在下行行動，或者正在積極反對近期損失。

The ETF outflows, declining open interest, and bearish options positioning suggest that sentiment in the broader BTC market is cautious. Although the coin’s funding rate hints that some optimism remains, traders are still preparing for increased volatility in the coming days.

ETF流出，開放興趣和看跌期權的定位表明，更廣泛的BTC市場的情感是謹慎的。儘管硬幣的資金率暗示一些樂觀仍然存在，但交易者仍在準備在未來幾天增加波動。