比特幣在未來兩年中可以超越黃金作為首選投資選擇

公司投資在推動比特幣的價值增長方面發揮了重要作用。這些公司正在積極提高對比特幣的投資水平。

JPMorgan predicts that Bitcoin (BTC) could outpace gold as a preferred investment option within the next two years. This forecast follows a shift in the market toward digital assets, upending the role of traditional safe-haven investments.

摩根大通預測，比特幣（BTC）可以在未來兩年內超過首選投資選擇。這一預測是在市場向數字資產轉向數字資產之後，顛覆了傳統的安全投資的作用。

Corporate Investments Fuel Bitcoin’s Rise

公司投資助力比特幣的增長

公司投資助力比特幣的增長

The bank attributes Bitcoin’s rapid gains to increased corporate investments and favorable regulations introduced by respective U.S. states.

該銀行將比特幣的迅速收益歸因於增加公司投資和各自州提出的有利法規。

“The maturation of the cryptocurrency derivatives market is now bringing in institutional investors, who are being drawn by improved institutional trading tools and platforms, which are leading to higher volumes and lower volatility in the Bitcoin market. These changes are instrumental in shaping Bitcoin as a potentially strong competitor in the conventional asset class,” JPMorgan analysts mentioned in a recent note.

“加密貨幣衍生物市場的成熟現在正在引進機構投資者，這些投資者正在通過改進的機構貿易工具和平台所吸引，這些工具和平台在比特幣市場中導致較高的體積和較低的波動性。這些變化在將比特幣塑造為常規資產中的潛在強大競爭者，在常規資產中提到了一項近期的競爭者，” jpmore commor norder neword a note note norde note note note a norde a nork a n ofer norde a。

These investments demonstrate greater faith in Bitcoin’s future potential as investors seek it out as a defense against potential turbulence in the traditional financial system.

這些投資表現出對比特幣未來潛力的更大信念，因為投資者將其作為防禦傳統金融體系的潛在動蕩的辯護。

“We believe that investors are increasingly viewing Bitcoin favorably for its role in their asset mix, as more institutions show a strong interest in the asset. This view is supported by the actions of companies like MicroStrategy and Metaplanet, which have been actively increasing their cryptocurrency holdings.”

“我們認為，由於越來越多的機構對資產表現出強烈的興趣，投資者越來越多地看待比特幣在其資產組合中的作用。這種觀點得到了MicroStrategy和Metaplanet等公司的行動的支持，這些公司一直在積極地增加其加密貨幣持有。”

Indeed, MicroStrategy hopes to acquire $84 billion worth of Bitcoin by December 2025 and is already 32% of the way there. Meanwhile, Metaplanet broke all-time records, adding 6,796 BTC to its Bitcoin holdings.

的確，微觀策略希望到2025年12月能夠收購價值840億美元的比特幣，並且已經占到達那裡的32％。同時，Metaplanet打破了歷史記錄，其比特幣持有量增加了6,796 BTC。

Gold Faces Declining Momentum

黃金面積下降的勢頭

黃金面積下降的勢頭

Conversely, gold is losing momentum compared to the gains made by Bitcoin. Since April 22, the price of gold dropped by almost 8%, while Bitcoin made a significant 18% gain during the same time. A change in investor preferences has led to money leaving gold ETFs and being invested instead in Bitcoin-oriented funds.

相反，與比特幣取得的收益相比，黃金正在失去動力。自4月22日以來，黃金的價格下降了近8％，而比特幣同時獲得了18％的收益。投資者偏好的變化導致金錢留下了黃金ETF並被投資於以比特幣為導向的資金。

“The thinking here is that investors are pivoting out of gold and express their interest in Bitcoin in the futures market, which has seen a decline in demand for gold futures and an increase in demand for Bitcoin futures over the past few months.”

“這裡的想法是，投資者正在從黃金中旋轉，並表達了他們對期貨市場中比特幣的興趣，在過去的幾個月中，對黃金期貨的需求下降以及對比特幣期貨的需求增加。”

Evidence from the futures market backs up these developments. In the first few months of 2025, gold drew much more attention for safe investment compared to Bitcoin that experienced $600 million of ETF outflows in the same quarter. Meanwhile, Bitcoin faced outflows from ETFs and waning involvement in the futures market during the same period.

期貨市場的證據支持了這些發展。在2025年的頭幾個月中，與比特幣相比，與比特幣經歷了6億美元的ETF流出相比，戈德引起了更多的關注。同時，在同一時期，比特幣面臨ETF的外流，並在期貨市場中逐漸參與。

JPMorgan highlighted how gold’s reputation as a safe-haven investment is being eroded as investors turn to digital assets as options. The experts concluded that Bitcoin is benefiting from an increase in investors looking to hedge against currency depreciation by adding it to their portfolios.

摩根大通（JPMorgan）強調，隨著投資者將數字資產作為期權轉向數字資產，金牌作為避風港投資的聲譽如何受到侵蝕。專家們得出的結論是，比特幣通過將其添加到投資組合中的投資者的增加而受益。

“We suspect that, in the current low-return, high-inflation environment, investors are increasingly turning to Bitcoin as an asset class that offers the potential for both capital appreciation and a hedge against currency depreciation, leading them to add it to their portfolios in greater numbers.”

“我們懷疑，在當前的低迴報，高通貨膨脹的環境中，投資者越來越多地將比特幣作為一種資產類別，提供了資本增值和對沖貨幣貶值的潛力，使他們越來越多地將其添加到投資組合中。”