史無前例的金錢浪潮淹沒了加密ETP並打破了所有歷史記錄

投資者正在遠離傳統市場。在一周內，33億美元流入了加密ETP，揭示了向數字資產邁出的新匆忙。

Investors are turning their backs on traditional markets in droves. In one week alone, a staggering $3.3 billion poured into crypto ETPs, highlighting a new rush towards digital assets.

投資者正在以鬥爭的方式轉向傳統市場。僅在一個星期內，一筆驚人的33億美元就湧入了加密ETP，突出了向數字資產邁出的新匆忙。

Together these products have now seen $10.8 billion in 2025, breaking records. But what explains this sudden enthusiasm? And will it endure?

這些產品在2025年共同創下了108億美元，打破了記錄。但是是什麼解釋了這種突然的熱情呢？它會忍受嗎？

Unprecedented wave of money fl ows into crypto ETPs and breaks all historical records

史無前例的貨幣浪潮湧入加密ETP並打破了所有歷史記錄

In the first quarter of 2025, investment products linked to cryptocurrencies saw a strong capital outflow, with a total of $7.2 billion since February. This downward trend had raised concerns about the stability of crypto ETPs.

在2025年第一季度，與加密貨幣相關的投資產品出現了強勁的資本流出，自2月以來總計72億美元。這種下降趨勢引起了人們對加密ETP的穩定性的擔憂。

But a spectacular reversal occurred recently, with a weekly inflow of $3.3 billion pushing annual inflows to $10.8 billion. This massive flow has also pushed assets under management to $187.5 billion, a record level since the creation of these products. An impressive momentum suggesting a renewed confidence by investors in crypto assets, despite economic turbulence and uncertainties in traditional markets.

但是最近發生了壯觀的逆轉，每週的33億美元流入將年流入至108億美元。自創建這些產品以來，這種大量流量也將管理資產推向了1875億美元，這是創紀錄的水平。令人印象深刻的動力表明，儘管經濟動盪和傳統市場中的不確定性，投資者對加密資產的信心重新增強。

Bitcoin breaks records, Ethereum rebounds, XRP plunges: the big gap among cryptocurrencies

比特幣中斷記錄，以太坊籃板，XRP暴跌：加密貨幣之間的巨大差距

Unsurprisingly, Bitcoin leads the dance with $2.9 billion in weekly inflows, nearly a quarter of this year’s fl ows. A strong performance that follows a record-breaking quarter, with $11.3 billion in the first three months of 2025.

毫不奇怪，比特幣以29億美元的每周流入率帶領舞蹈，今年近四分之一。在創紀錄的季度之後，表現出色，在2025年的前三個月中，有113億美元。

While often sidelined, Ethereum is making a comeback with a fifth consecutive week of gains, for a total of $326 million. A positive dynamic that contrasts with the beginning of the year, during which these products suffered outflows for 12 consecutive weeks.

以太坊經常出現，但連續第五週捲土重來，總計3.26億美元。一種積極的動態，與年初形成鮮明對比，在此期間，這些產品連續12周遭受流出。

In contrast, XRP products are facing $37.2 million in outflows, ending an impressive 80-week streak of uninterrupted inflows. A reversal that follows a period of strong outperformance, as these products had already recorded net outflows for the first time in November 2024. A shift linked to changes in investor perception, sensitive to regulatory signals and unmet promises from the crypto project.

相比之下，XRP產品面臨3720萬美元的外流，結束了令人印象深刻的80週不間斷流入。逆轉之後的逆轉較高，因為這些產品在2024年11月已經首次記錄了淨流出。與投資者感知變化的變化有關，對監管信號的變化以及Crypto Project的未滿足承諾敏感。

Cracks in the American economy push capital towards safe-haven crypto ETPs

美國經濟的裂縫將資本推向了安全的加密ETP

This $3.3 billion influx in one week into crypto ETPs is not without cause. It takes place in an uncertain economic climate:

在加密ETP的一周內，這筆33億美元的湧入並非沒有原因。它發生在不確定的經濟環境中：

* A default by the United States appears increasingly likely, a scenario that would have devastating consequences for the global economy.

*美國的違約似乎越來越有可能，這種情況會對全球經濟產生毀滅性後果。

* The American administration is juggling a delicate balance in its attempt to raise the debt ceiling and avoid a shutdown of the federal government.

*美國政府在試圖提高債務上限並避免關閉聯邦政府的企圖時，正在努力平衡。

* Meanwhile, the Federal Reserve is expected to maintain its current monetary policy despite rising inflation.

*同時，儘管通貨膨脹率上升，但預計美聯儲仍將維持其當前的貨幣政策。

All these signals shake confidence in the traditional pillars of finance.

所有這些信號都動搖了對金融傳統支柱的信心。

Faced with these shocks, digital assets appear as a dam against the storm. Capital fl ows in, not merely due to technological appeal,

面對這些衝擊，數字資產似乎是針對暴風雨的大壩。資本流入，不僅是由於技術吸引力，而且

A crypto ETP is no longer an exotic product reserved for pioneers: it becomes a serious option in the wealth management arsenal.

加密ETP不再是為先驅保留的外來產品：它成為財富管理庫中的一個嚴肅選擇。