第三週加密貨幣機構資金流出總額達 4.35 億美元，創 1 月以來單週最大跌幅

CoinShares 的數據顯示，加密產品的機構投資連續第三週面臨資金外流，資金總額達 4.35 億美元。比特幣和以太坊面臨大量資金外流，而 Solana 和萊特幣等多元資產投資工具則出現資金流入。儘管出現資金流出，美國仍是今年迄今最大的資金流入地區，達 136 億美元。

Institutional Crypto Investments Record Third Week of Outflows, Totaling $435 Million

機構加密貨幣投資連續第三週流出，總額達 4.35 億美元

In a recent Digital Asset Fund Flows report, renowned digital asset management firm CoinShares revealed that institutional investments in cryptocurrency products experienced a third consecutive week of outflows. This latest withdrawal of funds, amounting to $435 million, marks the largest single-week outflow since January 2023.

知名數位資產管理公司CoinShares在最近發布的數位資產資金流向報告中透露，加密貨幣產品的機構投資連續第三週出現資金流出。最新的資金撤出金額達 4.35 億美元，這是自 2023 年 1 月以來最大的單週資金流出。

CoinShares attributes the decline in institutional interest to a combination of factors, including a decrease in trading volumes and a drop in Bitcoin's price. Last week, trading volumes in exchange-traded products (ETPs) fell significantly from $18 billion to $11.8 billion. Concurrently, Bitcoin's price experienced a 6% decline over the same period.

CoinShares 將機構興趣下降歸因於多種因素，包括交易量下降和比特幣價格下跌。上週，交易所交易產品 (ETP) 的交易量從 180 億美元大幅下降至 118 億美元。與此同時，比特幣的價格在同一時期下跌了 6%。

Regionally, the United States accounted for the majority of outflows, with an estimated $388 million being withdrawn from crypto investment products. Despite this, CoinShares highlights that the US still holds a substantial amount of institutional crypto investments, boasting a record high of $13.6 billion in inflows for the year-to-date.

從地區來看，美國佔了資金流出的大部分，估計有 3.88 億美元從加密投資產品中撤出。儘管如此，CoinShares 強調，美國仍持有大量機構加密貨幣投資，今年迄今的流入量創歷史新高，達到 136 億美元。

Grayscale, one of the largest and most influential crypto investment firms, was responsible for a significant portion of the outflows, accounting for $440 million. Notably, this represents Grayscale's lowest outflow level in nine weeks, indicating a potential slowdown in the trend.

Grayscale 是最大、最有影響力的加密貨幣投資公司之一，它造成了很大一部分資金外流，達 4.4 億美元。值得注意的是，這代表灰度九週以來的最低流出水平，顯示趨勢可能放緩。

CoinShares also observes a deceleration in inflows from alternative crypto investment firms. Last week, new issuers generated a mere $126 million in inflows, compared to $254 million during the previous week.

CoinShares 也觀察到來自另類加密貨幣投資公司的資金流入有所放緩。上週，新發行人的資金流入僅 1.26 億美元，而前一周為 2.54 億美元。

In terms of specific crypto assets, Bitcoin (BTC) and Ethereum (ETH) experienced outflows of $423 million and $38 million, respectively. Conversely, multi-asset investment vehicles, including Solana (SOL), Litecoin (LTC), Chainlink (LINK), and others, registered inflows ranging from $2.8 million to $7 million.

就具體加密資產而言，比特幣（BTC）和以太幣（ETH）分別流出4.23億美元和3,800萬美元。相反，包括 Solana (SOL)、Litecoin (LTC)、Chainlink (LINK) 等在內的多元資產投資工具的流入量在 280 萬美元到 700 萬美元之間。

Despite the recent decline in institutional interest, CoinShares maintains a cautiously optimistic outlook for the crypto market. The firm believes that the current outflows may represent a short-term correction rather than a long-term trend. CoinShares emphasizes the importance of monitoring market developments closely and adapting investment strategies accordingly.

儘管近期機構興趣下降，CoinShares 對加密貨幣市場的前景仍保持謹慎樂觀的態度。該公司認為，目前的資金外流可能代表短期調整，而不是長期趨勢。 CoinShares 強調密切監控市場發展並相應調整投資策略的重要性。

Institutional investments play a crucial role in shaping the crypto ecosystem, providing stability and legitimacy to the industry. While fluctuations in institutional interest are to be expected, the resilience and growth potential of the crypto market remain promising.

機構投資在塑造加密貨幣生態系統、為該產業提供穩定性和合法性方面發揮著至關重要的作用。儘管機構興趣的波動是可以預料的，但加密貨幣市場的彈性和成長潛力仍然充滿希望。