怀疑论者 Peter Schiff 警告称，比特币下跌引发了对 ETF 的担忧

在比特币 (BTC) 回撤至 70,000 美元以下后，黄金倡导者 Peter Schiff 批评现货比特币交易所交易基金 (ETF) 投资者的流动性有限。希夫此前曾警告称，隔夜市场崩盘将导致 ETF 持有者在美国市场开盘前无法出售，从而造成潜在损失。他预测，如果 BTC 跌破 60,000 美元，就会出现“强大的三重顶”，下行预测为 20,000 美元。

Bitcoin's Pullback Raises Concerns Over Spot ETFs, Prompts Warnings from Skeptic Peter Schiff

比特币回调引发对现货 ETF 的担忧，引发怀疑论者 Peter Schiff 的警告

In the wake of Bitcoin's recent sell-off below $70,000, renowned economist and gold advocate Peter Schiff has reignited his skepticism towards spot Bitcoin exchange-traded funds (ETFs).

在比特币最近跌破 70,000 美元之后，著名经济学家和黄金倡导者 Peter Schiff 重新燃起了对现货比特币交易所交易基金 (ETF) 的怀疑态度。

Schiff's concerns stem from the limitations of ETFs, which restrict liquidity to U.S. market hours. This inherent vulnerability left investors helpless during the overnight market crash, unable to sell their Bitcoin holdings until the morning's market open.

希夫的担忧源于 ETF 的局限性，它限制了美国市场时段的流动性。这种固有的脆弱性让投资者在隔夜市场崩盘期间束手无策，无法在早上开盘之前出售所持有的比特币。

"As I warned, if #Bitcoin starts selling off tonight, #BitcoinETF owners can do nothing but watch and wait until the NYSE opens tomorrow morning," Schiff tweeted on April 14th. "In the meantime, it will be a long night hoping that Bitcoin doesn't crash before they have a chance to sell."

“正如我警告的那样，如果 #Bitcoin 今晚开始抛售，#BitcoinETF 所有者只能观望并等待纽约证券交易所明天早上开盘，”希夫于 4 月 14 日发推文。 “与此同时，这将是一个漫长的夜晚，希望比特币在有机会出售之前不会崩溃。”

Schiff's previous statements highlighted the problematic nature of holding Bitcoin in an ETF, emphasizing that it effectively limits trading opportunities to the U.S. market's operating hours. Consequently, investors are left exposed to overnight market fluctuations without the ability to take action.

希夫之前的声明强调了在 ETF 中持有比特币的问题本质，强调它有效地将交易机会限制在美国市场的营业时间内。因此，投资者面临隔夜市场波动的风险而无法采取行动。

In light of Bitcoin's recent price movements, Schiff believes that the critical support level has been established at $60,000. A break below this level, he argues, would create a formidable triple top pattern, with potential downside projections extending to $20,000.

鉴于比特币最近的价格走势，希夫认为关键支撑位已确立在 60,000 美元。他认为，跌破这一水平将形成强大的三重顶形态，潜在的下行预​​测将延伸至 20,000 美元。

Schiff's analysis also includes a projection of MicroStrategy's (NASDAQ: MSTR) financial situation, predicting an unrealized loss of $2.7 billion on its substantial Bitcoin holdings, acquired at an average price of $34,000.

Schiff 的分析还包括对 MicroStrategy（纳斯达克股票代码：MSTR）财务状况的预测，预测其以平均价格 34,000 美元收购的大量比特币持有量将出现 27 亿美元的未实现损失。

At the time of writing, Bitcoin's price was fluctuating around $66,790, reflecting a 4.23% increase over the past 24 hours. However, the asset remains below its recent peak of $70,000, having experienced a 7.39% decline over the previous seven days and a 3.25% drop on its monthly chart.

截至撰写本文时，比特币价格在 66,790 美元附近波动，过去 24 小时上涨 4.23%。然而，该资产仍低于 70,000 美元的近期峰值，过去 7 天下跌了 7.39%，月度图表下跌了 3.25%。

Despite Schiff's skepticism, some commentators have pointed out that the limitations of spot Bitcoin ETFs are not unique to the cryptocurrency. Other assets also face similar liquidity constraints during non-trading hours. Therefore, the implications of Schiff's warnings may extend beyond Bitcoin to the broader investment landscape.

尽管希夫对此表示怀疑，但一些评论员指出，现货比特币 ETF 的局限性并非加密货币所独有。其他资产在非交易时段也面临类似的流动性限制。因此，希夫警告的影响可能会超越比特币，扩展到更广泛的投资领域。

Ultimately, Schiff's concerns serve as a reminder of the potential risks associated with investing in Bitcoin and other digital assets. Investors should carefully consider the limitations of ETFs and other investment vehicles before making any decisions.

最终，希夫的担忧提醒人们投资比特币和其他数字资产的潜在风险。投资者在做出任何决定之前应仔细考虑 ETF 和其他投资工具的局限性。