5月9日截至一周

在截至2025年5月9日的一周中，比特幣ETF的淨流入量為9.34億美元，即15.4萬億盧比。這標誌著連續第四周積極流入

In the week to May 9, Bitcoin ETFs saw net inflows of $934 million, or around Rp15.4 trillion at an exchange rate of Rp16,520 per US dollar. This marks the fourth consecutive week of positive inflows, showcasing the ongoing interest from institutional investors in cryptocurrency-based investment products.

在截至5月9日的一周中，比特幣ETF的淨流入淨額為9.34億美元，或約15.4萬億盧比，每美元的匯率為16,520盧比。這標誌著連續第四周積極流入，展示了機構投資者對基於加密貨幣的投資產品的持續興趣。

Among the providers, iShares Bitcoin Trust (IBIT), managed by BlackRock, contributed the largest share with inflows of $1.03 billion. Since its launch, IBIT has accumulated cumulative inflows of $44.71 billion, cementing BlackRock’s position as the market leader in the Bitcoin ETF category.

在提供商中，由BlackRock管理的Ishares Bitcoin Trust（IBIT）貢獻了最大的份額，流入為10.3億美元。自IBIT推出以來，IBIT累積了447.1億美元的累積流入，鞏固了BlackRock作為比特幣ETF類別市場領導者的地位。

Fidelity’s FBTC also saw notable inflows with a contribution of $62.44 million. On the other hand, Grayscale’s GBTC experienced outflows of $171 million. This shift in flows might be attributed to investors seeking out ETFs with lower fees and more efficient structures, leading them to prefer iShares’ IBIT over other Bitcoin ETFs and STPs.

富達的FBTC還看到了顯著的流入，貢獻為6244萬美元。另一方面，Grayscale的GBTC經歷了1.71億美元的流出。流量的轉變可能歸因於投資者尋求費用較低和更有效結構的ETF，這使他們更喜歡Ishares的IBIT，而不是其他比特幣ETF和STP。

Bitcoin ETF Total Net Asset Growth

比特幣ETF總淨資產增長

The total net assets of Bitcoin ETFs reached $121.23 billion, which is equivalent to about 5.92% of the total Bitcoin market capitalization. This asset growth showcases the increasing confidence of institutional investors in regulated and transparent cryptocurrency-based investment products.

比特幣ETF的淨資產總額達到1,212.3億美元，相當於比特幣市值總計的約5.92％。這種資產增長展示了機構投資者對受監管和透明加密貨幣投資產品的越來越多的信心。

The consistent inflows highlight that Bitcoin ETFs are becoming a top choice for institutional investors seeking exposure to digital assets without having to directly buy and hold Bitcoin. This route allows institutions to invest in a diversified manner through a single product, enlisting the expertise of experienced asset managers like BlackRock and Fidelity in managing these investments.

一致的流入強調，比特幣ETF成為尋求接觸數字資產的機構投資者而無需直接購買和持有比特幣的首選。這條路線允許機構通過單一產品以多樣化的方式進行投資，從而吸引了經驗豐富的資產經理的專業知識，例如貝萊德（BlackRock）和忠誠度管理這些投資。

Several factors are driving institutional interest in Bitcoin ETFs, including growing concerns about inflation and loose monetary policies in various countries. Additionally, the adoption of Bitcoin as a reserve asset by several states in the US contributes to its legitimacy and appeal as an investment instrument.

有幾個因素引起了對比特幣ETF的機構興趣，包括對通貨膨脹和各個國家的貨幣政策越來越關注。此外，美國幾個州採用比特幣作為儲備資產，這有助於其合法性和作為投資工具的吸引力。

Bitcoin ETFs offer an easier and safer way for institutions to invest in cryptocurrencies, without having to face the technical and security challenges associated with direct ownership of digital assets or navigate the complexities of cryptocurrency exchanges.

比特幣ETF為機構投資加密貨幣提供了一種更簡單，更安全的方式，而不必面對與直接擁有數字資產有關的技術和安全挑戰或導航加密貨幣交易所的複雜性。

Although inflows into Bitcoin ETFs display a positive trend, there are still challenges ahead. Strict regulations and legal uncertainty in some jurisdictions may affect the growth of the cryptocurrency ETF market. Furthermore, high Bitcoin price volatility can influence investor sentiment and inflows into ETF products.

儘管流入比特幣ETF表現出積極的趨勢，但仍有挑戰。某些司法管轄區的嚴格法規和法律不確定性可能會影響加密貨幣ETF市場的增長。此外，高比特幣價格波動率會影響投資者的情緒和流入ETF產品。

Despite these challenges, the long-term outlook for Bitcoin ETFs remains optimistic with increasing institutional adoption and the development of more innovative investment products. These factors will likely drive further growth and interest in this asset class.

儘管面臨這些挑戰，但比特幣ETF的長期前景隨著機構採用的增加和更具創新的投資產品的發展而保持樂觀。這些因素可能會推動該資產類別的進一步增長和興趣。