美国 BTC 现货 ETF 的连续流出会结束吗？

高于预期的数据影响了买家对风险资产的需求。然而，问题在于细节。虽然企业增加了就业人数，但投入价格通胀有所放缓，而销售价格通胀则预示着价格将回归美联储 2% 的目标。

The hotter-than-expected numbers impacted buyer demand for riskier assets. However, the devil was in the details. While firms increased payrolls, input price inflation softened, and selling price inflation signaled a return of prices to the 2% Fed target.

高于预期的数据影响了买家对风险资产的需求。然而，问题在于细节。虽然企业增加了就业人数，但投入价格通胀有所放缓，而销售价格通胀则预示着价格将回归美联储 2% 的目标。

BTC retook the $64,000 level. Nevertheless, the upswing in hiring could support wage growth and consumer spending. Rising consumer spending trends could fuel demand-driven inflation, potentially keeping interest rates higher for longer.

BTC 重回 64,000 美元水平。尽管如此，招聘的增加可能会支持工资增长和消费者支出。消费者支出趋势的上升可能会加剧需求驱动的通货膨胀，从而可能使利率在更长时间内保持在较高水平。

The effect of the Services PMI on Fed rate cut expectations was relatively modest. According to the CME FedWatch Tool, the probability of the Fed holding interest rates steady in September fell from 35.0% to 34.1% on Friday.

服务业PMI对美联储降息预期的影响相对较小。根据CME FedWatch工具，周五美联储9月维持利率不变的概率从35.0%下降至34.1%。

Next week, the crucial Personal Income and Outlays Report will impact sentiment toward the Fed rate path more. Softer US inflation numbers and a pullback in personal income/spending could cement a September Fed rate cut and induce a BTC breakout.

下周，至关重要的个人收入和支出报告将更多地影响美联储利率路径的情绪。美国通胀数据疲软和个人收入/支出回落可能会巩固美联储 9 月份的降息并引发 BTC 突破。

Lingering uncertainty about the Fed rate path affected buyer demand for US BTC-spot ETFs, adding pressure to buyer appetite for BTC.

美联储利率路径挥之不去的不确定性影响了买家对美国 BTC 现货 ETF 的需求，增加了买家对 BTC 的兴趣。

Will US BTC-Spot ETFs See an End to the Outflow Streak?

美国 BTC 现货 ETF 的连续流出会结束吗？

On Friday, the US BTC-spot ETF market faced the prospects of a six-day outflow streak.

周五，美国BTC现货ETF市场面临连续六天资金流出的前景。