現在，機構資金湧入比特幣絕對令人震驚

昨天的流入後，現貨比特幣ETF現在處於終生流動的新高水位市場。目前根據彭博數據的數據為403.3億美元

Institutions are piling into Bitcoin ETFs in record numbers, and the pace of inflows is now picking up rapidly.

機構正在以創紀錄的數量堆積為比特幣ETF，而流入的速度現在正在迅速接收。

According to Bloomberg data shared by analyst James Seyffart, ETF outflows have just smashed through $40.33 billion.

根據分析師詹姆斯·塞法特（James Seyffart）共享的彭博（Bloomberg）數據，ETF流出剛剛籌集了403.3億美元。

May 8th alone saw a record pace of single-day buying, as the final phase of Bitcoin Pepe’s presale kicks off.

僅5月8日，僅比特幣Pepe的預售的最後階段就開始了單天購買的創紀錄速度。

After yesterday’s inflows, the spot Bitcoin ETFs are now at a new high-water market for lifetime flows. Currently at $40.33 billion according to Bloomberg data h/t @EricBalchunas pic.twitter.com/0GKPNlmprs

昨天的流入後，現貨比特幣ETF現在處於終生流動的新高水市場。目前根據彭博數據h/t @ericbalchunas pic.twitter.com/0gkpnlmprs為403.3億美元

Above: Bitcoin ETF inflows are accelerating. Source: James Seyffart from Bloomberg.

上圖：比特幣ETF流入正在加速。資料來源：來自彭博社的詹姆斯·塞夫特（James Seyffart）。

Analysts are raising their price targets dramatically, with Standard Chartered’s head of digital assets recently admitting to CNBC, “I apologize that my $120k Q2 target may be too low,” adding, “The dominant story for Bitcoin has changed again… It is now all about flows. And flows are coming in many forms.”

分析師正在急劇提高其價格目標，標準Chartered的數字資產負責人最近承認CNBC：“我很抱歉我的120k Q2目標可能太低了，”他補充說：“比特幣的主要故事又發生了變化……現在，關於流量的全部內容。這一切都與多種形式有關。”

What’s most telling about ETF flows is their acceleration. It took nearly a year to reach $35 billion by March, but just two more months to add another $5 billion. That represents serious institutional capital positioning for what many believe will be a historic Bitcoin run.

關於ETF流的最有說服力的是它們的加速。到3月，花了將近一年的時間才達到350億美元，但再增加了兩個月的時間才增加了50億美元。這代表了許多人認為這將是歷史性比特幣運行的嚴重機構資本定位。

Asset managers and hedge funds are finally embracing Bitcoin ETFs as their preferred vehicle for gaining exposure, which could lead to a domino effect.

資產經理和對沖基金最終將比特幣ETF作為其首選獲得曝光的工具，這可能會導致多米諾骨牌效應。

We all know what FOMO is in the retail trading sector, but consider what would happen to crypto if some of the world’s leading financial institutions and sovereign wealth funds start to feel that they’re the ones missing out.

我們都知道FOMO在零售貿易行業中是什麼，但是請考慮如果世界上一些領先的金融機構和主權財富基金開始感到他們失去了什麼，那麼加密貨幣會發生什麼。

ETF Supercycle creates perfect conditions for Bitcoin infrastructure growth

ETF Supercycle為比特幣基礎設施增長創造了理想的條件

Adoption of ETFs is not only driving up the price of Bitcoin, but it is also bringing about a significant transformation for the entire ecosystem. As institutional holdings grow, we’re seeing some key ripple effects that traders should keep their eyes on.

ETF的採用不僅提高了比特幣的價格，而且還為整個生態系統帶來了重大的轉變。隨著機構持有的增長，我們看到了一些關鍵的連鎖反應，交易者應關注他們的目光。

For example, look at what’s happening to Bitcoin’s circulating supply. With ETF providers now holding billions worth of BTC in cold storage, the amount of Bitcoin actually moving around the network is shrinking dramatically. This supply squeeze helps push prices higher, but it also intensifies the network’s existing bottlenecks. Fewer available coins mean even more congestion on an already cramped base layer.

例如，看看比特幣循環供應發生了什麼。現在，由於ETF提供商現在持有價值數十億BTC的冷藏量，實際上在網絡周圍移動的比特幣數量正在急劇下降。這種供應壓縮有助於提高價格，但也加劇了網絡現有的瓶頸。較少的可用硬幣意味著在已經狹窄的基層層上更多的擁塞。

Second, during the period when retail traders dominated, simply holding Bitcoin was sufficient, and there was little necessity for super-fast trading. Now, Bitcoin may reveal its limitations with transaction speeds of just seven TPS, thousands of times slower than Ethereum and Solana.

其次，在零售交易者統治的那段時間裡，簡單地持有比特幣就足夠了，幾乎沒有必要進行超級交易。現在，比特幣可能以僅七個TPS的交易速度比以太坊和Solana慢數千倍的交易速度揭示其局限性。

This dynamic creates a golden opportunity for layer 2 solutions built on Bitcoin. We saw exactly how the scenario played out with Ethereum—layer 2 networks rocketed in value by extending the chain’s functionality.

這種動態為基於比特幣建立的第2層解決方案創造了巨大的機會。我們確切地看到了場景如何與以太坊一起播放 - Layer 2網絡通過擴展鏈的功能而具有價值旋轉。

Bitcoin Pepe: Breaking Bitcoin’s Speed Barrier When It Matters Most

比特幣Pepe：最重要時打破比特幣的速度障礙

As Bitcoin investment rockets across the retail and institutional sectors, any solution that improves and extends its functionality will attract immense interest. Bitcoin Pepe is hitting the market at exactly the right moment, shattering BTC’s speed limitations.

隨著零售和機構部門的比特幣投資火箭彈，任何改善並擴展其功能的解決方案都將引起極大的興趣。比特幣Pepe正好在正確的時刻上市，破壞了BTC的速度限制。

Bitcoin Pepe works by creating a layer 2 solution on top of Bitcoin—an express lane built above the main highway. When you trade on Bitcoin Pepe, transactions are considerably quicker than on Bitcoin’s congested base layer.

比特幣PEPE通過在比特幣頂部創建第2層解決方案來起作用。當您交易比特幣PEPE時，交易比比特幣擁擠的基礎層要快得多。

The PEP-20 token standard is central, allowing people to create and trade tokens that are ultimately secured by Bitcoin but don’t suffer from its slow speeds. Transactions are bundled together and processed in batches, the final results of which are recorded on the main Bitcoin blockchain

PEP-20代幣標準是核心，使人們能夠創建和交易代幣，這些代幣最終被比特幣保護但不會遭受慢速損失。交易捆綁在一起並分批處理，其最終結果記錄在主比特幣區塊鏈上

Bitcoin Pepe is first focusing on meme trading—fun, viral trending crypto projects. It’s the perfect gateway to adoption for what is fundamentally a strong infrastructural add-on for Bitcoin.

比特幣Pepe首先關注模因交易 - 流行趨勢加密項目。這是對比特幣的強大基礎設施附加組件的理想門戶。

The dev team recently opened up a generous staking program divided across three tiers: a 90-day quick option that still pays 75% APY, a stronger 120-day commitment delivering 250% APY, or the whale-sized 180-day package with its massive 10,000% APY (limited to just 1M tokens—about 0.05% of the total supply). These astronomical yields are designed to build strong community backing during the early stages.

開發小組最近開放了一個寬敞的企業，分別在三個層上分開：一個為期90天的快速選項，仍然需要支付75％的APY，一個更強的120天承諾可提供250％的APY，或者鯨魚尺寸的180天套餐，其大量10,000％的APY（僅限為1MM Tokens-babiens-bef abot fule for總額為0.05％）。這些天文收益率旨在在早期階段建立強大的社區支持。

Multiple tier-1 platforms are reportedly fast-tracking BPEP for immediate post-launch trading, creating the potential for explosive price discovery once the token goes live. With less than a month until launch, the current presale prices could soon look like a distant memory—making this final presale phase potentially the last chance to secure tokens before they hit the open market and face unlimited upside.

據報導，多個Tier-1平台正在快速跟踪BPEP，以立即進行發布後交易，一旦令牌上線，就可以發現爆炸性價格發現的潛力。在不到一個月的時間之前，當前的預售價格可能很快看起來像是一個遙遠的記憶，這是最終的預售階段，這可能是他們在公開市場上達到公開市場並面對無限上行空間之前獲得代幣的最後機會。

Among the best cryptos to buy now by a huge margin, Bitcoin Pepe is positioned to capitalize on the growing recognition that Bitcoin needs performance upgrades to match its soaring valuation.

比特幣Pepe現在可以通過巨大的利潤購買的最佳加密貨幣，可以利用越來越多的認識，即比特幣需要績效升級以符合其高漲的估值。

Bitcoin’s ETF Momentum Creates Ideal Backdrop for Layer 2 Breakout

比特幣的ETF動量為第2層突破創造了理想的背景