比特币（BTC）交易所贸易资金（ETF）的净流入率超过4亿美元

这标志着这些基金自5月28日以来注册的最大的单日净流入。流入突出了机构投资者之间的信心，重新激发了整个加密货币市场的看涨情绪。

Bitcoin exchange-traded funds (ETFs) recorded massive net inflows of over $400 million yesterday. This marked the largest single-day net inflow these funds have registered since May 28.

昨天，由比特币交易所交易基金（ETFS）记录了超过4亿美元的大量净流入。这标志着这些资金自5月28日以来注册的最大的单日净流入。

The inflows highlight renewed confidence among institutional investors, reigniting bullish sentiment across the crypto markets.

流入强调了机构投资者之间的信心，重新激发了加密货币市场的看涨情绪。

Bitcoin ETF Demand Rises Sharply

比特币ETF需求急剧上升

On Tuesday, US-listed spot Bitcoin ETFs saw a significant uptick in demand, with net inflows reaching $431.12 million. This marks a 12% increase from the previous day's $386 million.

周二，美国上市的比特币ETF的需求大幅增加，净流入量达到4.3112亿美元。这比前一天的3.86亿美元增长了12％。

Capital influx into ETFs is a leading indicator of broader market appetite, suggesting that institutional players are positioning for further upside. The surge in demand for ETFs comes amid growing optimism that the leading coin, BTC, could soon reclaim the $110,000 level, with some traders eyeing a potential return to its all-time high.

资本涌入ETFS是更广泛的市场食欲的主要指标，这表明机构参与者正在定位进一步的上升空间。对ETF的需求激增在越来越乐观的情况下，领先的硬币BTC可能很快就会重新获得110,000美元的水平，而一些交易员则将潜在的回报恢复到历史最高水平。

Yesterday, BlackRock's IBIT led with the highest daily inflows, totaling $337 million, bringing its total historical net inflow to $49.11 billion.

昨天，贝莱德（Blackrock）的IBIT每天流入最多，总计3.37亿美元，其历史净流入量达到491.11亿美元。

Fidelity's FBTC recorded the second-highest daily net inflow at $67.07 million, increasing its total historical net inflows to $11.68 billion.

富达的FBTC记录的每日净流入量为6707万美元，其历史净流入量增加到116.8亿美元。

BTC Price Holds Steady, but Futures and Options Signal Caution

BTC价格保持稳定，但期货和期权信号表示谨慎

With profit-taking activity gradually gaining momentum, the BTC spot price has remained largely flat over the past 24 hours. As of writing, the king coin trades at $109,601, noting a modest 0.11% gain.

随着利润活动逐渐增长，BTC现货价格在过去的24小时内一直保持平稳。截至撰写本文时，国王硬币的交易价格为109,601美元，指出增长0.11％。

However, open interest in the coin's futures has declined, signaling a pullback in trading activity. At press time, this is at $75.33 billion, falling 1% over the past 24 hours.

但是，对硬币期货的开放兴趣已经下降，这表明交易活动的回调。发稿时，这是753.3亿美元，在过去的24小时内下降了1％。

Open interest refers to the total number of outstanding derivative contracts, such as futures or options, that have not been settled. A decline in open interest signals reduced trading activity or profit-taking, as traders close out existing positions.

公开利息是指尚未解决的未偿还衍生合同的总数，例如期货或期权。随着交易者关闭现有职位，开放兴趣信号的下降减少了交易活动或获利。

In BTC's case, the slight dip in futures open interest indicates early-stage profit-taking among traders who had positioned long during the recent rally. If this trend persists, the downward pressure on the coin will strengthen.

在BTC的情况下，期货开放兴趣的轻微下降表明，在最近的集会期间定位很长时间的交易者的早期获利。如果这种趋势持续存在，则硬币的向下压力将加强。

Furthermore, sentiment is also cautious in the options market. Demand for put options has risen, suggesting a subtle resurgence of bearish expectations.

此外，情感在期权市场上也谨慎。对PUT期权的需求增加了，这表明看跌期望的细微复兴。

Therefore, while ETF inflows paint a bullish macro picture, near-term price action and derivatives positioning indicate a potential cooling-off period as investors take profit. Nonetheless, the overall trend remains supportive of further gains for Bitcoin in the coming months.

因此，尽管ETF流入描绘了看涨的宏观图片，但近期的价格行动和定位衍生品表明，随着投资者获利，潜在的冷却期。尽管如此，在未来几个月中，总体趋势仍然支持比特币进一步收益。