比特币 ETF 因创纪录的资金外流而遭受重创

比特币交易所交易基金（ETF）经历了 5.63 亿美元的大规模流出，创下了创纪录的负数。贝莱德的 IBIT ETF 首次录得资金流入，而灰度的 GBTC 则出现大幅流出。富达的FBTC也面临大量资金流出，损失超过了GBTC。这一令人震惊的趋势表明，尽管 IBIT 的流入量创历史新高，但比特币 ETF 的需求正在减弱。行业专家淡化了问题的严重性，指出贝莱德 ETF 今年迄今的强劲表现，并强调 ETF 流入和流出的波动性质。

Bitcoin Exchange-Traded Funds Plunge Amid Mass Outflows

比特币交易所交易基金因大规模资金外流而暴跌

Bitcoin exchange-traded funds (ETFs) have experienced a significant decline in demand, recording record-breaking outflows totaling $563 million in a single day. This unprecedented level of redemptions signals waning investor confidence in crypto-based investment vehicles.

比特币交易所交易基金（ETF）的需求大幅下降，单日流出总额达到创纪录的 5.63 亿美元。这种前所未有的赎回水平表明投资者对基于加密货币的投资工具的信心正在减弱。

BlackRock's IBIT ETF, which has faced criticism for its high expense ratio, witnessed the largest outflows, losing approximately $37 million. Grayscale's GBTC also recorded substantial redemptions of roughly $167.4 million.

贝莱德旗下的 IBIT ETF 因其高费用率而受到批评，资金流出规模最大，损失约 3700 万美元。 Grayscale 的 GBTC 也录得约 1.674 亿美元的巨额赎回。

Adding to the downward trend, Fidelity's FBTC ETF experienced massive outflows of $191 million, outperforming the dismal performance of GBTC. Notably, not a single Bitcoin ETF recorded inflows on Wednesday, indicating an alarming drop in demand for these investment products.

富达 (Fidelity) 的 FBTC ETF 经历了 1.91 亿美元的大规模流出，令下跌趋势雪上加霜，表现优于 GBTC 的惨淡表现。值得注意的是，周三没有一只比特币 ETF 录得资金流入，这表明对这些投资产品的需求出现了惊人的下降。

Despite the seemingly disastrous numbers, industry experts downplay the severity of the situation. Nate Geraci, president of ETF Store, emphasized that BlackRock's ETF has attracted over $15 billion in inflows year-to-date, a significant sum.

尽管数字看似灾难性，但行业专家淡化了情况的严重性。 ETF Store总裁Nate Geraci强调，贝莱德的ETF今年迄今已吸引超过150亿美元的资金流入，这是一个巨大的数字。

Geraci further noted that gold ETFs have experienced substantial outflows this year, despite gold's 16% gain in 2024. "This is what ETFs do. Inflows don’t go up in a straight line," he stated.

Geraci 进一步指出，尽管黄金在 2024 年上涨了 16%，但今年黄金 ETF 仍经历了大幅资金流出。“这就是 ETF 的作用。资金流入不会直线上升，”他表示。

Bloomberg reported earlier this week that Bitcoin ETFs had begun to exhibit signs of stress, with significant discounts emerging in relation to the underlying asset's value. James Seyffart, a prominent ETF analyst, expressed concerns that these funds did not present a "good look" to investors. However, he acknowledged that such dislocations can occur during periods of high volatility.

彭博社本周早些时候报道称，比特币 ETF 已开始表现出压力迹象，相对于标的资产的价值出现了大幅折扣。著名 ETF 分析师詹姆斯·塞法特 (James Seyffart) 表示担心这些基金没有向投资者展示“良好的外观”。然而，他承认这种错位可能会在高波动时期发生。

As of writing, Bitcoin is trading at $57,387, according to CoinGecko data. The recent outflows from Bitcoin ETFs raise questions about the long-term viability of these investment vehicles, particularly in light of the broader market uncertainty surrounding cryptocurrency assets.

根据 CoinGecko 数据，截至撰写本文时，比特币交易价格为 57,387 美元。最近比特币 ETF 的资金流出引发了人们对这些投资工具的长期生存能力的质疑，特别是考虑到围绕加密货币资产的更广泛的市场不确定性。