拉里·芬克：比特币正在成为一种独立的资产类别

贝莱德首席执行官拉里·芬克 (Larry Fink) 明确表示，他相信比特币正在成为一种独立的资产类别。他认为这不受即将到来的美国大选的影响

BlackRock CEO Larry Fink believes that Bitcoin is on its way to becoming a standalone asset class, and its development will not be significantly influenced by the upcoming US elections. He made these remarks during BlackRock’s third-quarter earnings call.

贝莱德首席执行官拉里·芬克认为，比特币正在成为一种独立的资产类别，其发展不会受到即将到来的美国大选的重大影响。他是在贝莱德第三季度财报电话会议上发表上述言论的。

“Bitcoin will become as big as the US housing market” – Larry Fink

“比特币将变得与美国房地产市场一样大”——拉里·芬克

That market is currently 50 Trillion. Let’s estimate 100 Trillion by 2040.

目前该市场规模为 50 万亿。我们估计到 2040 年将达到 100 万亿。

That is 76x Bitcoin’s 1.3 Trillion market cap.

这是比特币 1.3 万亿市值的 76 倍。

In other words, Bitcoin is going to 5 Million.

换句话说，比特币将达到500万。

Source: the most important person in…

资料来源：最重要的人...

“Bitcoin will become as big as the US housing market” – Larry Fink

“比特币将变得与美国房地产市场一样大”——拉里·芬克

That market is currently 50 Trillion. Let’s estimate 100 Trillion by 2040.

目前该市场规模为 50 万亿。我们估计到 2040 年将达到 100 万亿。

That is 76x Bitcoin’s 1.3 Trillion market cap.

这是比特币 1.3 万亿市值的 76 倍。

In other words, Bitcoin is going to 5 Million.

换句话说，比特币将达到500万。

Source: the most important person in…

资料来源：最重要的人...

— Fred Krueger (@dotkrueger) October 14, 2024

— Fred Krueger (@dotkrueger) 2024 年 10 月 14 日

BlackRock, the world’s largest asset manager, has made a big bet on Bitcoin. The company’s spot Bitcoin ETF, which was launched in January, has been a huge success. Launched only nine months ago, it has managed to reach an astonishing $23 billion in assets.

全球最大的资产管理公司贝莱德在比特币上下了重注。该公司于一月份推出的现货比特币ETF取得了巨大成功。该公司成立仅 9 个月，资产规模已达到惊人的 230 亿美元。

This growth shows how institutional buyers are turning to Bitcoin, with BlackRock leading the effort to promote Bitcoin as an investment vehicle. Fink likened Bitcoin to other Wall Street financial products that were once ignored and gradually blossomed, such as mortgage and high-yield bonds.

这种增长表明机构买家如何转向比特币，贝莱德带头努力将比特币推广为投资工具。芬克将比特币比作其他曾经被忽视但逐渐蓬勃发展的华尔街金融产品，例如抵押贷款和高收益债券。

Since the beginning of 2021, he has been changing his view on cryptocurrency, especially when he was seen discrediting it alongside the JPMorgan CEO. But there’s no denying that Fink is bullish.

自 2021 年初以来，他一直在改变对加密货币的看法，尤其是当他与摩根大通首席执行官一起抹黑加密货币时。但不可否认的是，芬克是乐观的。

Bitcoin ETFs Break Inflow Records

比特币 ETF 打破流入记录

Bitcoin ETFs have seen record inflows, which only adds more presence to their existence in the market.

比特币 ETF 的资金流入量创历史新高，这只会增加它们在市场上的存在感。

The U.S. spot Bitcoin ETFs saw inflows of $555.9 million recently, the highest since June this year. This surge brought Bitcoin’s price to a two-week high of $66,500, indicating that investors are gaining more confidence in the cryptocurrency.

美国现货比特币ETF近期流入5.559亿美元，创今年6月以来最高。此次飙升将比特币的价格推至两周高点 66,500 美元，表明投资者对加密货币的信心增强。

This trend has not gone unnoticed, and experts have begun to observe it. According to Nate Geraci, president of ETF Store, the recent inflows have been ridiculous in the context of initial demand expectations.

这种趋势并没有被忽视，专家们已经开始观察它。 ETF Store 总裁 Nate Geraci 表示，在最初的需求预期背景下，最近的资金流入是荒谬的。

“The net inflows of Bitcoin ETFs have reached nearly $20 billion in the last ten months, which is a clear signal that more and more institutional investors are interested in Bitcoin,” he said.

“过去十个月，比特币ETF的净流入已达到近200亿美元，这是一个明确的信号，表明越来越多的机构投资者对比特币感兴趣，”他表示。

Eric Balchunas, the senior ETF analyst at Bloomberg, has also compared Bitcoin ETFs to gold-based products, saying that while gold is the trusted safe-haven asset, Bitcoin is making a strong bid for that position.

彭博社高级 ETF 分析师 Eric Balchunas 也将比特币 ETF 与黄金产品进行了比较，他表示，虽然黄金是值得信赖的避险资产，但比特币正在大力争夺这一地位。

“Gold ETFs have only seen $1.4 billion worth of net inflows this year, while Bitcoin ETFs have attracted over $19 billion,” Balchunas said.

Balchunas 表示：“今年黄金 ETF 的净流入量仅为 14 亿美元，而比特币 ETF 则吸引了超过 190 亿美元的资金流入。”

Bitcoin Challenges Gold’s Status as Safe-Haven Asset

比特币挑战黄金的避险资产地位

There is a growing trend of institutional investors piling into Bitcoin thus making the difference between Bitcoin and gold smaller.

机构投资者涌入比特币的趋势日益明显，从而缩小了比特币和黄金之间的差异。

This is an indicator that shows the increasing relevance of Bitcoin as an asset that offers refuge in the face of geopolitical risks.

这一指标表明，比特币作为一种在地缘政治风险面前提供避难所的资产的相关性日益增强。

The largest inflow was reported by Fidelity Wise Bitcoin Origin Fund (FBTC) with $239.3 million, while Bitwise’s Bitcoin ETF (BITB) attracted more than $100 million. BlackRock’s own iShares Bitcoin Trust (IBIT) witnessed an inflow of $79.6 Million. Other Bitcoin ETFs like the ARKB and GBTC also witnessed an inflow.

最大的资金流入来自 Fidelity Wise Bitcoin Origin Fund (FBTC)，达 2.393 亿美元，而 Bitwise 的比特币 ETF (BITB) 吸引了超过 1 亿美元。贝莱德自己的 iShares 比特币信托 (IBIT) 见证了 7960 万美元的流入。 ARKB 和 GBTC 等其他比特币 ETF 也出现了资金流入。

Standard Chartered has forecasted that Bitcoin will surge past $200,000 by 2025, regardless of the result of the upcoming US presidential election. This bullish trend is backed up by the institution’s growing interest and the evolution of Bitcoin as a financial instrument.

渣打银行预测，无论即将到来的美国总统大选结果如何，比特币到 2025 年将飙升至 20 万美元以上。这种看涨趋势得到了该机构日益增长的兴趣以及比特币作为金融工具的发展的支持。