美国现货比特币ETF面临大规模资金外流，引发担忧

美国现货比特币 ETF 经历了创纪录的净流出，贝莱德 (BlackRock) 的 iShares 比特币信托 (iShares Bitcoin Trust) 迎来了首个流出日。贝莱德的比特币基金、Fidelity Wise Origin Bitcoin Fund 和 Grayscale Bitcoin Trust 分别记录了总计 3690 万美元、1.911 亿美元和 1.674 亿美元的大量资金流出。尽管存在资金流出，但分析师强调，ETF 流入和流出是 ETF 操作的自然组成部分，黄金 ETF 今年也经历了大幅流出。

Massive Outflows Hit U.S. Spot Bitcoin ETFs, Raising Concerns

大量资金外流冲击美国现货比特币 ETF，引发担忧

The U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs) have experienced record net outflows, signaling a significant shift in investor sentiment towards the cryptocurrency. Among the affected funds, BlackRock's iShares Bitcoin Trust (IBIT) has recorded its first-ever day of outflows.

美国现货比特币（BTC）交易所交易基金（ETF）经历了创纪录的净流出，表明投资者对加密货币的情绪发生了重大转变。在受影响的基金中，贝莱德旗下的 iShares Bitcoin Trust (IBIT) 首次出现资金流出。

According to data from Farside Investors, BlackRock's Bitcoin fund witnessed a staggering $36.9 million outflow on May 1. This outflow is the largest single outflow day for the U.S. spot Bitcoin ETFs ever recorded.

Farside Investors的数据显示，贝莱德旗下比特币基金在5月1日出现了惊人的3690万美元资金流出。这一流出是美国现货比特币ETF有记录以来最大的单日资金流出。

The outflows extended beyond BlackRock, with nine other Bitcoin ETFs experiencing a combined $526.8 million in withdrawals. The Hashdex Bitcoin ETF (DEFI) was the only exception, reporting zero flows.

资金流出不仅限于贝莱德，其他 9 只比特币 ETF 的资金撤资总额达 5.268 亿美元。 Hashdex 比特币 ETF (DEFI) 是唯一的例外，报告流量为零。

The most significant outflow was seen in the Fidelity Wise Origin Bitcoin Fund (FBTC), which shed $191.1 million in net outflows. The Grayscale Bitcoin Trust (GBTC) followed closely with an outflow of $167.4 million.

最显着的资金流出是 Fidelity Wise Origin 比特币基金 (FBTC)，该基金净流出 1.911 亿美元。灰度比特币信托基金 (GBTC) 紧随其后，流出 1.674 亿美元。

The outflows coincided with a decline in Bitcoin's price, which has fallen 10.7% over the past week. This volatility has likely contributed to the withdrawal of funds from the ETFs.

资金流出恰逢比特币价格下跌，过去一周比特币价格下跌了 10.7%。这种波动可能导致资金从 ETF 中撤出。

Despite the concerning outflows, ETF Store president Nate Geraci emphasized that they are not unprecedented. Geraci pointed out that the iShares Gold ETF and SPDR Gold ETFs have experienced even more significant outflows this year, with $1 billion and $3 billion withdrawn, respectively. However, it's worth noting that gold prices have still risen by 16% year-to-date.

尽管资金外流令人担忧，但 ETF Store 总裁 Nate Geraci 强调，这并非史无前例。 Geraci指出，iShares黄金ETF和SPDR黄金ETF今年经历了更为严重的资金流出，分别撤资10亿美元和30亿美元。不过，值得注意的是，金价今年迄今仍上涨了16%。

Bloomberg ETF analyst James Seyffart reassured investors that the Bitcoin ETFs are "operating smoothly across the board" and that "inflows and outflows are part of the norm in the life of an ETF."

彭博 ETF 分析师 James Seyffart 向投资者保证，比特币 ETF“全面运行平稳”，并且“资金流入和流出是 ETF 生命周期常态的一部分”。

Yet, the outflows have raised concerns about the longevity of the current Bitcoin rally. Investors are advised to exercise caution and evaluate their own risk tolerance before investing in Bitcoin or any other cryptocurrency.

然而，资金外流引发了人们对当前比特币涨势能否持续的担忧。建议投资者在投资比特币或任何其他加密货币之前谨慎行事并评估自己的风险承受能力。