美国现货比特币 ETF 的需求已达到六个月来的最高水平

ETF 持有量的大幅增加证实了机构投资者重新燃起了兴趣，市场参与者希望这能够促进价格进一步上涨。

Demand for U.S. spot Bitcoin ETFs has reached its highest level in six months, with net inflows totaling 64,962 BTC over the past 30 days.

美国现货比特币 ETF 的需求已达到六个月来的最高水平，过去 30 天净流入总计 64,962 BTC。

Ki Young Ju, the founder of CryptoQuant, highlighted this significant trend in a post on X today. This surge indicates that the U.S. Bitcoin ETF market has seen a remarkable $4.39 billion in new capital over the past month.

CryptoQuant 的创始人 Ki Young Ju 今天在 X 上的一篇文章中强调了这一重要趋势。这一激增表明，美国比特币 ETF 市场在过去一个月中新增资本达到了惊人的 43.9 亿美元。

The last comparable record was noted in April when Bitcoin traded above $72,000. The subsequent bearish trend in Bitcoin’s price performance was also reflected in ETF flows.

最后一个可比记录是在 4 月份，当时比特币交易价格超过 72,000 美元。随后比特币价格表现的看跌趋势也反映在 ETF 流量上。

Specifically, spot Bitcoin ETFs experienced a decline in holdings for most of May, coinciding with Bitcoin’s initial retracement below $56,000. However, this trend quickly reversed, with positive inflows reaching monthly highs from June to August before another downturn began in early September.

具体来说，现货比特币 ETF 的持有量在 5 月份的大部分时间里都在下降，与比特币最初回撤到 56,000 美元以下的时间一致。然而，这一趋势很快发生逆转，6 月至 8 月的正资金流入达到月度高点，随后 9 月初又开始出现低迷。

This bearish trend shifted on September 18, when the U.S. economy welcomed a historic interest rate cut, making investments in crypto assets more attractive. Since then, the positive inflow to Bitcoin ETFs has continued, recently reaching a six-month high.

这种看跌趋势在 9 月 18 日发生转变，当时美国经济迎来了历史性的降息，使得加密资产的投资更具吸引力。此后，比特币 ETF 的持续积极流入，最近达到了六个月高点。

The massive uptick in ETF holdings confirms renewed interest from institutional investors, with market participants hopeful that this could catalyze further price gains.

ETF 持有量的大幅增加证实了机构投资者重新燃起了兴趣，市场参与者希望这能够促进价格进一步上涨。

During this period, Bitcoin’s price surged by 20%, rising from around $57,000 to just below $70,000. On Monday, when Bitcoin reached $69,500, Bitcoin ETFs saw net inflows of $294.3 million, with BlackRock’s IBIT experiencing a massive positive flow of $329 million.

在此期间，比特币的价格飙升了 20%，从 57,000 美元左右升至略低于 70,000 美元。周一，当比特币触及 69,500 美元时，比特币 ETF 净流入 2.943 亿美元，其中贝莱德的 IBIT 净流入 3.29 亿美元。

Other ETFs, such as the Bitwise Bitcoin ETF, recorded negative flows of $22.1 million, while Ark Invest’s ETF saw a decline of $6.1 million. The Invesco Galaxy Bitcoin ETF and Franklin Bitcoin ETF had no new inflows.

Bitwise 比特币 ETF 等其他 ETF 录得 2210 万美元的负流量，而 Ark Invest 的 ETF 则下跌 610 万美元。 Invesco Galaxy 比特币 ETF 和 Franklin 比特币 ETF 没有新的资金流入。

Despite the crypto market losing some bullish momentum, as evidenced by Bitcoin’s ongoing correction, the trend of inflows to Bitcoin ETFs remains positive.

尽管加密货币市场失去了一些看涨势头，比特币的持续调整就证明了这一点，但比特币 ETF 的资金流入趋势仍然积极。

As of Thursday, the U.S. market recorded $188 million in net inflows, led by BlackRock’s $165.5 million and Fidelity’s $29.6 million. Other funds posted no new investments, while Grayscale experienced a drain of $7.1 million.

截至周四，美国市场录得 1.88 亿美元的净流入，其中贝莱德 (BlackRock) 的净流入为 1.655 亿美元，富达 (Fidelity) 的净流入为 2,960 万美元。其他基金没有发布新的投资，而 Grayscale 则流失了 710 万美元。

Additionally, a net flow of $192 million was observed on Wednesday. A negative trend was recorded on Tuesday, coinciding with Bitcoin’s drop to $65,000. Cumulatively, U.S. Bitcoin ETFs have seen $21.6 billion in inflows since January, making it the fastest-growing ETF market in this decade.

此外，周三净流量为 1.92 亿美元。周二出现了负面趋势，恰逢比特币跌至 65,000 美元。自 1 月份以来，美国比特币 ETF 累计资金流入达 216 亿美元，使其成为近十年来增长最快的 ETF 市场。