隨著機構採用的加速，散戶投資者的積累時間不足，積累比特幣

比特幣（BTC）正在發展為替代儲備貨幣，推動機構需求，並可能定價零售投資者

Retail investors may be running out of time to accumulate Bitcoin (BTC) as institutional adoption accelerates, leaving smaller entities and nations with limited opportunity to join in, according to Sergej Kunz, co-founder of exchange aggregator 1inch.

Exchange Exchange Contregator 1 Inch的聯合創始人Sergej Kunz表示，隨著機構收養的加速，散戶投資者可能會耗盡時間積累比特幣（BTC），使較小的實體和國家的加入機會有限。

Bitcoin is evolving into an alternative reserve currency, propelling institutional demand and potentially pricing out retail investors, Kunz said during Cointelegraph’s LONGITUDE event in Dubai.

Kunz在Cointelegraph在迪拜舉行的經度活動中說，比特幣正在發展為另一種儲備貨幣，推動機構需求並有可能定價零售投資者。

“Every retail user should be thinking about getting at least one Bitcoin — very soon they won’t be able to afford it,” Kunz said.

昆茨說：“每個零售用戶都應該考慮至少要獲得一個比特幣 - 很快他們就無法負擔得起。”

If the United States starts buying Bitcoin for a strategic reserve, even smaller countries may soon struggle to acquire the cryptocurrency. “I’m pretty sure we’ll soon see countries battling over who owns more Bitcoin. The US will start.”

如果美國開始購買比特幣作為戰略儲備，那麼即使是較小的國家也可能很快就難以獲得加密貨幣。 “我很確定我們很快就會看到各國正在爭奪誰擁有更多比特幣。美國將開始。”

Bitcoin demand has accelerated since US President Donald Trump announced sweeping tariffs on US imports in April, setting off a global trade war.

自美國總統唐納德·特朗普（Donald Trump）宣布4月份對美國進口的徵收關稅以來，比特幣需求加速了，引發了全球貿易戰。

“The only thing that still acts as a true hedge — across borders, against inflation — is Bitcoin,” Animoca Brands co-founder Yat Siu said during the panel.

Animoca Brands聯合創始人Yat Siu在小組中說：“唯一仍然充當真正的樹籬 - 跨境，反對通貨膨脹 - ”。

Related: US President Donald Trump issues 90-day pause on reciprocal tariffs

相關：美國總統唐納德·特朗普（Donald Trump）發行了90天的倒數徵收關稅

Global reserve asset?

全球儲備資產？

During the week of April 21-25, Bitcoin exchange-traded funds (ETFs) attracted more than $3 billion in inflows as institutions sought safety in “digital gold” amid mounting macroeconomic uncertainty.

在4月21日至25日的一周中，隨著機構尋求“數字黃金”的安全性，比特幣交易所貿易資金（ETF）吸引了超過30億美元的流入。

Analysts say demand from financial institutions could push Bitcoin’s price as high as $200,000 per coin this year. By 2029, institutional Bitcoin adoption could propel the cryptocurrency’s price past $1 million, Bitwise’s head of European research, André Dragosch, said.

分析師表示，金融機構的需求可能會將比特幣的價格提高到今年的每枚硬幣200,000美元。安德烈·德拉格斯（AndréDragosch）說，到2029年，機構的比特幣採用可能會推動加密貨幣的價格超過100萬美元。

For Bitcoin, “[t]he silver lining is that economic uncertainty has historically accelerated institutional interest in digital assets as a diversification strategy,” David Siemer, co-founder and CEO of Wave Digital Assets, told Cointelegraph.

對於比特幣來說，“白銀一線是，經濟不確定性歷史上已經加快了數字資產的機構興趣，” Wave Digital Assets的聯合創始人兼首席執行官David Siemer告訴Cointelegraph。

As of May 1, Bitcoin ETFs and other institutional funds hold upward of $128 billion worth of BTC, according to data from BitcoinTreasuries.NET. Corporate treasuries hold another roughly $73 billion, the data shows.

截至5月1日，根據BitCoinTreasuries.net的數據，比特幣ETF和其他機構基金的持有價值超過1,280億美元的BTC。數據顯示，公司國庫持有另一個約730億美元。

Sovereign states — including the U.S., China, and the United Kingdom — collectively hold more than $130 billion worth of BTC. However, much of those holdings are from crypto assets seized by law enforcement, not outright Bitcoin buys.

主權國家（包括美國，中國和英國）共同持有價值超過1300億美元的BTC。但是，這些股份中的許多持股來自執法部門扣押的加密資產，而不是比特幣購買的。