重拾信心：投資者對比特幣 ETF 的興趣激增

Does Investor Appetite for Bitcoin ETFs Signal Renewed Confidence?

投資者對比特幣 ETF 的興趣是否顯示信心重拾？

Major U.S. banks are reportedly experiencing a surge in demand for spot Bitcoin exchange-traded funds (ETFs), according to industry analysts. This influx of interest suggests a shift in sentiment towards cryptocurrencies among institutional investors.

據行業分析師稱，據報道，美國主要銀行對現貨比特幣交易所交易基金（ETF）的需求激增。這種興趣的湧入表明機構投資者對加密貨幣的情緒發生了轉變。

Positive Inflows Break the Tide of Outflows

積極的資金流入打破了資金流出的浪潮

After a five-day stretch of net outflows, U.S. spot Bitcoin ETFs have finally turned positive. Data from BitMEX shows that on Monday, these funds attracted a net inflow of nearly $16 million, or 221.2 BTC. This marks a significant reversal from the previous week, where daily outflows peaked at $326.2 million on March 19.

在經歷了連續五天的淨流出之後，美國現貨比特幣 ETF 終於轉正。 BitMEX 的數據顯示，週一這些資金吸引了近 1,600 萬美元的淨流入，即 221.2 BTC。這標誌著與前一周的重大逆轉，前一周的每日資金流出量在 3 月 19 日達到 3.262 億美元的峰值。

Fidelity and BlackRock Take Center Stage

富達和貝萊德佔據中心舞台

Among the various Bitcoin ETFs, Fidelity's FBTC emerged as the frontrunner, registering a staggering net inflow of $261.8 million, or 3,689.3 BTC. This brings its total Bitcoin holdings to a substantial $7.213 billion, or 136,886 BTC. In contrast, BlackRock's IBIT received a more modest inflow of around $35.5 million, its lowest since its SEC approval in January.

在各種比特幣 ETF 中，富達 (Fidelity) 的 FBTC 成為領跑者，淨流入達到驚人的 2.618 億美元，即 3,689.3 BTC。這使其持有的比特幣總額達到 72.13 億美元，即 136,886 比特幣。相較之下，貝萊德的 IBIT 收到的資金流入較為溫和，約為 3,550 萬美元，這是自 1 月獲得 SEC 批准以來的最低水準。

Grayscale's GBTC Faces Continued Outflows

灰階的GBTC面臨持續流出

Despite the overall positive inflows into ETFs, Grayscale's GBTC continues to experience outflows. On Monday, the fund shed 4,933.7 BTC, or $350.1 million, pushing its cumulative outflows to a substantial 275,059 BTC, or $14.1506 billion. GBTC has yet to record a single-day net inflow since the first U.S. Bitcoin ETF began trading.

儘管 ETF 整體資金流入積極，但 Grayscale 的 GBTC 仍持續出現資金流出。週一，該基金流出了 4,933.7 BTC，即 3.501 億美元，使其累計流出達到 275,059 BTC，即 141.506 億美元。自從第一隻美國比特幣 ETF 開始交易以來，GBTC 尚未錄得單日淨流入。

ETF Trading Volume Shows Positive Trend

ETF交易量呈現正向趨勢

ETF trading volume also saw a significant increase on Monday, nearly doubling from $3.1 billion on Friday to $6.1 billion. This surge in activity underscores the heightened interest in Bitcoin ETFs among investors.

週一 ETF 交易量也大幅增加，從週五的 31 億美元幾乎翻了一番，達到 61 億美元。活動的激增凸顯了投資者對比特幣 ETF 的濃厚興趣。

Institutional Adoption Drives Demand

機構採用推動需求

The growing demand for spot Bitcoin ETFs among major U.S. banks reflects a broader trend of institutional adoption. Investors are increasingly recognizing the potential of cryptocurrencies as an alternative asset class, and ETFs provide a convenient and accessible way to gain exposure to this emerging asset.

美國主要銀行對現貨比特幣 ETF 的需求不斷增長，反映出機構採用的更廣泛趨勢。投資者越來越認識到加密貨幣作為另類資產類別的潛力，而 ETF 提供了一種方便易用的方式來投資這種新興資產。

Price Rebound Fuels Optimism

價格反彈激發樂觀情緒

As a result of the net inflows into ETFs, Bitcoin's price rebounded above $70,000 on Monday. Currently, BTC is trading up by 5.5% at $70.53K, with a market capitalization of $1.387 trillion. This price action suggests that the influx of institutional capital is providing support for the cryptocurrency's value.

由於ETF淨流入，比特幣價格週一反彈至7萬美元以上。目前，BTC 上漲 ​​5.5%，至 7.053 萬美元，市值為 1.387 兆美元。這種價格走勢表明機構資本的湧入正在為加密貨幣的價值提供支持。