隨著比特幣信託資金流入，灰階結束了連續流出

加密資產管理公司 Grayscale 打破了其現貨比特幣交易所交易基金 (ETF) 連續四個月的資金流出，資金連續第二天流入 Grayscale 比特幣信託基金 (GBTC)。儘管 GBTC 自 1 月以來已錄得超過 175 億美元的大幅流出，但 5 月 3 日和 5 月 6 日分別流入 6,300 萬美元和 390 萬美元，使其總流入達到 6,690 萬美元。

Grayscale Breaks Outflow Streak as Bitcoin Trust Experiences Inflows

隨著比特幣信託資金流入，灰階打破了連續流出趨勢

Crypto asset management giant Grayscale Investments has finally broken its protracted outflow streak from its flagship Bitcoin exchange-traded fund (ETF), the Grayscale Bitcoin Trust (GBTC), with inflows continuing for the second consecutive day.

加密資產管理巨頭灰階投資終於打破了其旗艦比特幣交易所交易基金（ETF）灰階比特幣信託（GBTC）的長期資金流出，資金連續第二天持續流入。

For 78 grueling days since January 11, GBTC witnessed a relentless exodus of funds, averaging a staggering $218 million per day. This relentless outflow culminated in a total of over $17.5 billion покидая трест.

自 1 月 11 日以來的 78 天裡，GBTC 見證了資金的無情外流，平均每天高達 2.18 億美元。這種持續不斷的資金外流最終導致資金總額超過 175 億美元。

However, the tide began to turn on May 3, when GBTC recorded its first inflow of $63 million, breaking the outflow streak and providing a glimmer of hope for the trust. This positive sentiment spilled over into the broader spot Bitcoin ETF market, resulting in net positive inflows of $378.3 million after a protracted period of losses.

然而，5月3日，風向開始逆轉，GBTC首次流入6,300萬美元，打破了連續流出的局面，為信託帶來了一線希望。這種正面情緒蔓延到了更廣泛的比特幣 ETF 現貨市場，在經歷了長期虧損之後，淨流入達到 3.783 億美元。

Continuing this positive momentum, GBTC registered a second inflow of $3.9 million on May 6, bringing its total inflows thus far to $66.9 million.

延續這一積極勢頭，GBTC 於 5 月 6 日第二次流入 390 萬美元，使其迄今為止的總流入達到 6,690 萬美元。

Despite GBTC's substantial net outflow of $17.4 billion, the overall landscape for spot Bitcoin ETFs in the United States remains encouraging. BlackRock's iShares Bitcoin Trust has emerged as the clear leader, attracting the largest overall investment with net inflows of $15.5 billion.

儘管 GBTC 大幅淨流出 174 億美元，但美國現貨比特幣 ETF 的整體前景仍然令人鼓舞。貝萊德 (BlackRock) 旗下的 iShares Bitcoin Trust 已成為明顯的領先者，吸引了最大的整體投資，淨流入達 155 億美元。

Other major contributors to the positive inflow trend include Fidelity Investments' Fidelity Wise Origin Bitcoin Fund with $8.1 billion, Cathie Wood's ARK 21Shares Bitcoin ETF with $2.1 billion, and the Bitwise Bitcoin ETF Trust with $1.7 billion.

其他積極資金流入趨勢的主要貢獻者包括 Fidelity Investments 的 Fidelity Wise Origin 比特幣基金（81 億美元）、Cathie Wood 的 ARK 21Shares 比特幣 ETF（21 億美元）以及 Bitwise 比特幣 ETF Trust（17 億美元）。

At the time of writing, the cumulative flow of investments into the spot Bitcoin ETF market stands at nearly $11.8 billion, indicating a growing appetite for regulated exposure to Bitcoin.

截至撰寫本文時，比特幣 ETF 現貨市場的累積投資流量接近 118 億美元，這表明人們對受監管的比特幣曝險的興趣日益增長。

SEC Delays Decision on Spot Ether ETFs

SEC 延遲對現貨以太 ETF 做出決定

In a separate development, the U.S. Securities and Exchange Commission (SEC) has postponed its decision on approving or rejecting spot Ether (ETH) ETF applications from several providers.

另一項進展是，美國證券交易委員會 (SEC) 推遲了批准或拒絕多家提供者的現貨以太坊 (ETH) ETF 申請的決定。

Applications from industry heavyweights such as BlackRock, Grayscale, and Invesco Galaxy have been pushed back to July. The SEC cited the need for additional time to thoroughly review the proposed rule changes and consider the issues raised therein.

BlackRock、Grayscale 和 Invesco Galaxy 等行業巨頭的申請已推遲至 7 月。 SEC 表示需要更多時間來徹底審查擬議的規則變更並考慮其中提出的問題。

This delay encompasses all prospective Ether ETF issuers, including Fidelity, Franklin Templeton, Hashdex, and Ark 21Shares, as analysts had anticipated.

正如分析師預期的那樣，這一延遲涵蓋了所有潛在的以太 ETF 發行人，包括富達 (Fidelity)、富蘭克林鄧普頓 (Franklin Templeton)、Hashdex 和 Ark 21Shares。

The SEC's decision underscores the ongoing regulatory scrutiny surrounding Ether ETFs and the challenges faced by issuers in meeting the SEC's stringent requirements for approval.

美國證券交易委員會的決定凸顯了圍繞以太坊 ETF 正在進行的監管審查以及發行人在滿足美國證券交易委員會嚴格的審批要求方面所面臨的挑戰。