比特币ETF流出与以太坊ETF流入：加密投资组合重新平衡行为

比特币ETF看到流出时，而以太坊ETF涌动，表明投资组合的重新平衡。 ETH是机构加密投资的新宠儿吗？

The world of crypto ETFs is anything but boring. Buckle up, because there's a fascinating tug-of-war happening between Bitcoin and Ethereum funds.

加密ETF的世界绝非无聊。扣紧了，因为比特币和以太坊资金之间发生了令人着迷的拔河战。

Bitcoin ETF Halts Inflow Streak

比特币ETF停止流入条纹

Bitcoin spot ETFs experienced a significant outflow of $342.25 million on July 1, 2025, putting an end to a fifteen-day inflow party that had raked in almost $5 billion. While this might sound like a reason to panic, experts are calling it a 'natural pause' after a strong upward run. It's like taking a breather after sprinting a marathon – totally understandable.

比特币现场ETF在2025年7月1日经历了34225万美元的大量流出，结束了一个十五天的流入派对，票价为近50亿美元。虽然这听起来像是恐慌的原因，但专家们在强劲的向上奔跑后称其为“自然停顿”。这就像在冲刺马拉松后喘口气一样 - 完全可以理解。

Fidelity’s Bitcoin ETF (FBTC) experienced the largest loss, with $172.73 million in net outflows. The Grayscale Bitcoin Trust (GBTC) wasn't far behind, posting a $119.51 million loss. Even ARK 21Shares Bitcoin ETF (ARKB) and the Bitwise Bitcoin ETF (BITB) saw outflows. However, year-to-date inflows remain largely unaffected.

富达的比特币ETF（FBTC）遭受了最大的损失，净流出了1.7273亿美元。灰比特币信托基金（GBTC）并没有落后，亏损了1.1951亿美元。即使是ARK 21Shares比特币ETF（ARKB）和位比特币ETF（BITB）也会看到流出。但是，年初流入仍然不受影响。

Ethereum ETFs Maintain Momentum

以太坊ETF保持动力

While Bitcoin ETFs were experiencing outflows, Ethereum ETFs continued their winning streak, reporting $40.68 million in daily total net inflows. This comes after three months of consecutive net inflows for ETH funds, totaling approximately $1.83 billion. BlackRock’s iShares Ethereum Trust (ETHA) led the charge, recording $54.84 million in net inflows.

尽管比特币ETF正在经历流出，但以太坊ETF继续连胜，报告了每日净流入的4068万美元。这是在三个月的ETH基金连续三个月的净流入量之后，总计约18.3亿美元。贝莱德（Blackrock）的iShares以太坊信托（ETHA）领导了这一指控，净流入率为5484万美元。

Even Grayscale Ethereum Trust got in on the action, recording its ninth-ever day of inflows since launching on July 23, 2024. However, Fidelity’s Ethereum ETF (FETH) did see $24.11 million in net outflows.

即使是灰度以太坊信托基金会也参与其中，自2024年7月23日推出以来，记录了其第九天的流入。

What's Driving This Divergence?

是什么推动了这种分歧？

So, what's behind this crypto see-saw? Analysts point to a couple of key factors. First, Bitcoin's recent price consolidation has likely prompted some profit-taking and portfolio adjustments. Institutions may be locking in gains near all-time highs, and diversifying into other crypto assets.

那么，这种加密透明的距离背后是什么？分析师指出了两个关键因素。首先，比特币最近的价格合并很可能促使一些盈利和投资组合调整。机构可能会锁定在有史以来高潮附近的收益，并多样化为其他加密资产。

On the flip side, Ethereum ETFs are attracting investors thanks to the inclusion of staked Ether in some ETF offerings. This allows investors to earn yield while gaining exposure to price action – a model that seems to be resonating with institutional asset managers. The growing interest in Ethereum’s ecosystem, fueled by developments in DeFi and smart contract adoption, also underpins positive investor sentiment.

另一方面，由于在某些ETF产品中包含了固定的乙醚，以太坊ETF吸引了投资者。这使投资者可以在获得价格行动的同时赚取收益率，这一模式似乎在机构资产经理引起人们的共鸣。在Defi和Smart Contract Fundings的发展中，对以太坊的生态系统的兴趣日益加剧，这也支持了积极的投资者情绪。

The Big Picture

大局

The contrasting flow patterns between Bitcoin and Ether ETFs suggest a nuanced market environment. Investors are actively managing their portfolios to optimize returns while maintaining exposure to key digital assets. Ethereum is increasingly viewed as a standalone category within institutional investment strategies, not just a Bitcoin sidekick.

比特币和以太ETF之间的对比流程表明了细微的市场环境。投资者正在积极管理其投资组合，以优化收益，同时保持对关键数字资产的影响。以太坊越来越被视为机构投资策略中的独立类别，而不仅仅是比特币的搭档。

Looking Ahead

展望未来

While short-term fluctuations are common, the overall trajectory for crypto ETFs remains strong. As regulatory frameworks evolve and institutional participation deepens, these ETFs are poised to play a critical role in mainstream crypto adoption. It's not just about Bitcoin anymore; Ethereum is stepping into the spotlight.

尽管短期波动很常见，但加密ETF的总体轨迹仍然很强。随着监管框架的发展和制度参与的加深，这些ETF准备在主流加密采用中发挥关键作用。不再只是比特币；以太坊正引起人们的关注。

So, there you have it! A crypto portfolio rebalancing act in real-time. Who knows what tomorrow will bring? One thing's for sure: the crypto ETF saga is far from over, and it's going to be a wild ride. Time to grab some popcorn and enjoy the show!

所以，你有！加密投资组合重新平衡行为实时。谁知道明天会带来什么？可以肯定的是：加密ETF传奇还远远没有结束，这将是一个疯狂的旅程。是时候抓住一些爆米花并享受节目了！