凯西·伍德（Cathie Wood

投入：ARK Invest首席执行官Cathie Wood在2025年5月再次表示，到2030年，比特币可能达到150万美元。她在CNBC采访中证实了预测

Cathie Wood, CEO of ARK Invest, stated again in May 2025 that Bitcoin could reach $1.5 million by 2030. Her comments come after ARK’s models, which factor in Bitcoin’s fixed supply, lack of counterparty risk, and growing financial infrastructure, make a base-case projection of $700,000 for Bitcoin by the end of the decade, with a bull-case target being that $1.5 million figure.

ARK Invest的首席执行官Cathie Wood在2025年5月再次表示，比特币在2030年可能达到150万美元。她的评论是在ARK的型号之后进行的，这是对比特币的固定供应，缺乏对应方面的风险以及不断增长的金融基础设施，这使得比特币的基础案例预测为比特币的最终数量为700,000美元。

Bitcoin Trades Above 50 EMA on 4 Hour Chart

比特币在4小时图表上交易超过50 EMA

As of 09:18 (GMT+2) on May 9, Bitcoin trades at $103,559 on the 4-hour chart from Bitstamp, according to TradingView data. The price opened the day at $102,958 and reached a high of $103,790. The cryptocurrency closed the previous candle at $103,559, showing a daily increase of 0.54%.

根据TradingView数据，截至5月9日，截至5月9日的09:18（GMT+2），比特币在BitStamp的4小时图表上以$ 103,559的价格交易。价格开盘价为102,958美元，达到103,790美元。加密货币以103,559美元的价格关闭了先前的蜡烛，每天增加0.54％。

The chart also shows that Bitcoin remains above the 50-period Exponential Moving Average (EMA), which currently sits at $103,088. This level acts as short-term dynamic support. Bitcoin bounced off this EMA multiple times in recent days, showing that bulls are defending the $103,000 zone.

该图表还显示，比特币仍高于50个周期指数的移动平均线（EMA），该平均线（EMA）目前为103,088美元。该级别充当短期动态支持。最近几天，比特币多次弹跳该EMA，表明公牛队捍卫了103,000美元的区域。

Looking at recent price structure, Bitcoin has maintained an upward trend since April 18, forming higher lows and higher highs. A significant rally began in late April, with a steep price jump around April 23, pushing the price above $95,000. The trend continued with moderate corrections and another strong leg up in early May.

从4月18日起，比特币从最近的价格结构中保持了上升趋势，形成了更高的低点和更高的高点。 4月下旬开始的一次重大集会开始，4月23日左右的价格上涨，将价格推高了95,000美元以上。趋势继续进行中等校正，并在5月初进行了另一个强大的脚步。

After touching a local peak above $106,000, Bitcoin pulled back toward the 50 EMA but did not break below it. Trading volume shows slight increases during upward movements, suggesting demand remains steady. At present, price action remains above key support levels, with traders watching for either consolidation or a continuation of the upward move.

在接触了超过$ 106,000的当地峰后，比特币向50 EMA拉回去，但并未突破它。交易量显示在向上移动期间的略有增加，表明需求保持稳定。目前，价格行动仍然高于关键支持水平，交易员在关注合并或向上移动的延续。

This price behavior coincides with growing ETF inflows and institutional access, creating additional momentum for Bitcoin’s movement in regulated environments.

这种价格行为与不断增长的ETF流入和机构访问相吻合，在受监管环境中为比特币运动创造了额外的动力。

Bitcoin ETF Inflows Surpass $10 Billion in Q1

比特币ETF流入超过100亿美元的第一季度

Following the ETF approvals in January 2024, institutional interest began rising. Daily trading volume on major ETFs, including BlackRock’s iShares Bitcoin Trust (IBIT) and the ARK 21Shares Bitcoin ETF (ARKB), now exceeds $2 billion. According to ARK Invest’s April 2025 update, total inflows into Bitcoin ETFs surpassed $10 billion during Q1 2025.

在2024年1月的ETF批准之后，机构利益开始上升。主要ETF的每日交易量，包括BlackRock的Ishares Bitcoin Trust（IBIT）和ARK 21Shares Bitcoin ETF（ARKB），现在超过20亿美元。根据ARK Invest的2025年4月更新，在2025年第一季度，Bitcoin ETF的总流入超过了100亿美元。

In the same interview, Wood stated that only a small portion of global institutional portfolios includes Bitcoin. ARK’s models project that if institutions allocate 2.5% of their portfolios to Bitcoin, the price could exceed $1 million by the end of the decade.

在同一采访中，伍德说，只有一小部分全球机构投资组合包括比特币。方舟模型预测，如果机构将其投资组合的2.5％分配给比特币，那么到十年末，价格可能会超过100万美元。

Bitcoin’s Fixed Supply Contrasts Growing Fed Balance Sheet

比特币的固定供应对比度增长了喂养资产负债表

Meanwhile, Bitcoin’s maximum supply remains fixed at 21 million coins. As of May 2025, miners have released around 19.7 million coins into circulation, based on the data. ARK links Bitcoin’s valuation to its capped supply and the current global debt environment.

同时，比特币的最大供应量仍固定为2100万个硬币。截至2025年5月，根据数据，矿工已将大约1,970万枚硬币释放到流通中。方舟将比特币的估值与当前的全球债务环境联系起来。

During the same period, the U.S. Federal Reserve’s balance sheet reached $8.5 trillion, compared to $4.2 trillion in 2019, according to Federal Reserve Economic Data (FRED). In contrast, Bitcoin’s supply growth slowed after the April 2024 halving, which reduced the miner reward from 6.25 BTC to 3.125 BTC per block.

根据美联储经济数据（FRED），在同一时期，美国美联储的资产负债表达到8.5万亿美元，而2019年为4.2万亿美元。相比之下，比特币的供应增长减慢了2024年4月的减半，从而将矿工奖励从6.25 BTC降低到3.125 BTC。

ARK Keeps Bitcoin Exposure Across Funds

方舟可在资金中保持比特币暴露

At the portfolio level, ARK Invest continues to maintain Bitcoin exposure. Its ARK 21Shares Bitcoin ETF (ARKB) manages over $2.2 billion in assets as of May 15, 2025. ARK also holds exposure through the ARK Next Generation Internet ETF (ARKW), which includes both direct Bitcoin allocations and shares in Coinbase.

在投资组合级别，方舟投资继续保持比特币的风险。截至2025年5月15日，它的方舟21shares比特币ETF（ARKB）管理超过22亿美元的资产。ARK还通过ARK Next Generation Internet ETF（ARKW）持有风险，其中包括直接的比特币分配和Coinbase中的股票。

ARK’s latest filings with the U.S. Securities and Exchange Commission (SEC) confirm these holdings. The firm has made no public statement indicating any plan to reduce its exposure.

ARK向美国证券交易委员会（SEC）提交的最新文件证实了这些持股。该公司没有发表公开声明，表明有任何计划减少其曝光率。

Coinbase Sees Huge Q1 Institutional Inflow; Mainstream BTC Access Widens

Coinbase看到了巨大的Q1机构流入；主流BTC访问扩大

In parallel, Coinbase reported a sharp increase in assets under custody during the first quarter of 2025. According to the company’s Q1 2025 Shareholder Letter, institutional clients added $25 billion in new deposits, raising total average assets under custody to $212 billion. This growth was driven by inflows from spot Bitcoin ETF issuers, corporate treasuries, and high-net-worth individuals.

同时，Coinbase报告说，在2025年第一季度，被拘留的资产急剧增加。根据该公司第1季度2025年第二季度股东信，机构客户增加了250亿美元的新存款，将被拘留的总平均资产提高到2120亿美元。这种增长是由现货比特币ETF发行人，公司国库和高净值个人流入的。

Although Coinbase did not publish a specific number of active users for the quarter, its previous filings suggest

尽管Coinbase没有在本季度发布特定数量的活跃​​用户，但其先前的文件表明