比特币（BTC）现场ETFS记录了自4月16日以来的第一个净流出

周三，比特币景点ETF记录了自4月16日以来的第一个净流出，停止了八天的一致流入。

Bitcoin (BTC) spot exchange-traded funds (ETFs) recorded their first net outflow on Wednesday since April 16, pausing an eight-day streak of consistent inflows.

比特币（BTC）现货交易所交易基金（ETF）在4月16日以来记录了他们的第一次净流出，暂停了八天的一致流入。

The outflow marked a notable shift after the funds collectively attracted over $2 billion in net inflows during the prior eight trading sessions.

在资金在前八笔交易中集体吸引了超过20亿美元的净流入后，流出标志着一个显着的转变。

Bitcoin ETFs Face $56 Million Exit Amid Sideways Price Action

比特币ETF面临5600万美元的侧面价格行动的出口

Yesterday saw a total net outflow of $56.23 million from BTC spot ETFs. This sudden shift in funds flow suggests a potential cooldown in institutional demand following a sustained period of accumulation.

昨天，来自BTC Spot ETF的净流出总额为5623万美元。资金流的这种突然转移表明，在持续积累后，机构需求有潜在的冷却。

BTC’s price consolidation since April 25 may have prompted this pullback. An assessment of the BTC/USD one-day chart reveals that the leading coin has traded within a narrow range since then, facing resistance at $95,427 and finding support at $93,749.

自4月25日以来，BTC的价格合并促使了这种回调。对BTC/美元一日图的评估表明，领先的硬币自那时以来一直在狭窄的范围内交易，面临95,427美元的阻力，并以93,749美元的价格寻找支持。

With BTC consolidating tightly and failing to break key levels, some key investors are opting to de-risk their positions by temporarily withdrawing capital from BTC-backed funds. An extended period of sideways price action comes with uncertainty around short-term momentum, making it harder to sustain the aggressive inflows into BTC ETFs.

随着BTC的巩固稳定并未能打破关键水平，一些主要投资者选择通过从BTC支持的资金中暂时退出资本来降低其头寸。横向价格的长期行动带来了短期势头的不确定性，因此很难将积极的流入降低到BTC ETF中。

On Wednesday, BlackRock’s iShares Bitcoin Trust (IBIT) was the only fund to buck the trend, recording a net inflow of $267.02 million, bringing its total historical net inflow to $42.65 billion.

周三，贝莱德（Blackrock）的iShares比特币信托（IBIT）是唯一一项逆转趋势的基金，净流入量为2.6702亿美元，其历史净流入总额达到426.5亿美元。

Fidelity’s FBTC saw a $137.49 million exit from the fund in a single day. Despite the drawdown, FBTC’s total historical net inflow stands at $11.63 billion.

富达的FBTC在一天之内从该基金中退出了1.3749亿美元。尽管减少了，但FBTC的历史净流入量仍为116.3亿美元。

BTC Derivatives Market Shows Mixed Sentiment

BTC衍生品市场表明情绪不同

Meanwhile, despite the recent price consolidation, derivatives market data reflect a mixed sentiment among traders. Open interest in BTC futures has declined slightly over the past day, signaling reduced activity.

同时，尽管最近的价格合并，但衍生品市场数据反映了交易者的情绪不同。在过去的一天中，对BTC期货的开放兴趣略有下降，表明活动减少了。

At press time, this stands at $61.50 billion, noting a 1% dip over the past day. A drop in open interest like this suggests that traders are closing out positions rather than opening new ones. This trend reflects uncertainty or waning conviction in BTC’s short-term price direction.

发稿时，这是615亿美元，注意到过去几天的跌幅为1％。这样的开放兴趣的下降表明，交易者正在关闭职位，而不是开设新职位。这种趋势反映了BTC短期价格方向上的不确定性或减弱的定罪。

However, the coin’s funding rate remains positive, indicating that long traders are still dominant. As of this writing, this stands at 0.0039%, confirming the preference for long positions over short ones.

但是，硬币的资金率仍然是积极的，这表明长交易者仍然占主导地位。截至撰写本文时，这是0.0039％，确认对长位置而不是短职位的偏好。

This bullish sign indicates that despite BTC’s price stagnancy, many of its futures traders are still opening bets in favour of a price rally.

这个看涨的迹象表明，尽管BTC的价格停滞，但其许多期货交易者仍在打开赌注，以支持价格集会。

Additionally, the options market shows a higher volume of call contracts than puts, a sign that some market participants will continue to bet on an upward breakout in the near term.

此外，期权市场显示的呼叫合同量要比观点更高，这表明某些市场参与者将在短期内继续押注向上的突破。

The pullback in ETF inflows may reflect profit-taking after a strong April performance, but data from both futures and options markets suggest investors are not turning bearish just yet.

ETF流入的回调可能反映在四月的出色表现之后的利润，但是来自期货和期权市场的数据表明，投资者尚未转向看跌。