VanEck 强调比特币的成熟机构拥抱

VanEck 的报告强调了比特币的重大演变和采用，ETF、国家以及上市和私营公司持有价值 175B 美元的资产。仅 ETF 就持有 $75.4B，占比特币流通供应量的 15%。该报告强调了 Layer-2 和 RGB 协议在促进采用方面的作用，并强调了机构投资者日益增长的兴趣及其对冲通胀的潜力。

VanEck Underscores Bitcoin's Growing Institutional Adoption

VanEck 强调比特币越来越多的机构采用

New York, NY, March 14, 2023 - VanEck, a leading global investment manager, has published a comprehensive report on Bitcoin, emphasizing its increasing acceptance among institutional investors. The report reveals that major entities such as banks, countries, and exchange-traded funds (ETFs) now hold a substantial portion of the asset's circulating supply.

纽约州纽约，2023 年 3 月 14 日 - 全球领先的投资管理公司 VanEck 发布了一份关于比特币的综合报告，强调其在机构投资者中的接受度不断提高。报告显示，银行、国家和交易所交易基金（ETF）等主要实体目前持有该资产流通供应量的很大一部分。

Institutional Embrace of Bitcoin

比特币的制度拥抱

According to VanEck's analysis, institutions collectively possess approximately $175 billion worth of Bitcoin. ETFs alone account for $75.4 billion of this total, while countries, public companies, and private companies hold $40.7 billion, $22.3 billion, and $37.8 billion, respectively. This institutional interest represents approximately 15% of Bitcoin's circulating supply.

根据 VanEck 的分析，机构总共拥有价值约 1750 亿美元的比特币。其中，仅 ETF 就占 754 亿美元，而国家、上市公司和私营公司分别持有 407 亿美元、223 亿美元和 378 亿美元。该机构利益约占比特币流通供应量的 15%。

Factors Driving Adoption

推动采用的因素

The report attributes Bitcoin's growing institutional adoption to several factors, including its perceived store of value, portfolio diversification potential, and its ability to hedge against inflation. In particular, the report highlights the unique characteristics of Bitcoin's supply dynamics, which limit its issuance and protect against inflation.

该报告将比特币越来越多的机构采用归因于几个因素，包括其被认为的价值储存、投资组合多元化潜力以及对冲通胀的能力。该报告特别强调了比特币供应动态的独特特征，这限制了其发行并防止通货膨胀。

Technological Advancements Foster Accessibility

技术进步促进无障碍

VanEck also emphasizes the role of technological advancements in facilitating Bitcoin's adoption. The introduction of user-friendly wallets, exchanges, and marketplaces has significantly reduced the technical barriers to entry for institutional investors. This ease of access has made it easier for entities to acquire, hold, and trade Bitcoin.

VanEck 还强调了技术进步在促进比特币采用方面的作用。用户友好的钱包、交易所和市场的引入大大降低了机构投资者的进入技术壁垒。这种便捷的访问方式使实体更容易获取、持有和交易比特币。

Layer-2 Developments Expand Functionality

Layer-2 开发扩展了功能

The report also sheds light on the importance of Layer-2 solutions, such as the RGB protocol, in enhancing Bitcoin's functionality. RGB enables the creation and management of digital assets on top of the Bitcoin blockchain, adding a new layer of functionality and potential use cases.

该报告还阐明了 RGB 协议等 Layer-2 解决方案在增强比特币功能方面的重要性。 RGB 能够在比特币区块链之上创建和管理数字资产，添加新的功能层和潜在用例。

Hedge Against Inflation

对冲通胀

The report highlights Bitcoin's role as a hedge against inflation, particularly in the wake of the COVID-19 pandemic. Unlike fiat currencies, which are subject to inflation caused by increased money supply, Bitcoin has a fixed supply, which is reduced by half approximately every four years through halving events. This characteristic makes it an attractive option for investors seeking to protect their portfolios from the erosive effects of inflation.

该报告强调了比特币作为对冲通胀的作用，特别是在 COVID-19 大流行之后。与法定货币不同，法定货币会因货币供应量增加而受到通货膨胀的影响，而比特币的供应量是固定的，大约每四年通过减半事件减少一半。这一特性使其成为寻求保护其投资组合免受通胀侵蚀影响的投资者的一个有吸引力的选择。

Conclusion

结论

VanEck's report provides a comprehensive overview of Bitcoin's institutional adoption and highlights the asset's growing acceptance and potential as a store of value, portfolio diversifier, and hedge against inflation. As technological advancements continue to enhance its functionality and accessibility, Bitcoin is poised to maintain its prominent position in the global financial landscape.

VanEck 的报告全面概述了比特币的机构采用情况，并强调了该资产作为价值储存、投资组合多元化和对冲通胀的越来越多的接受度和潜力。随着技术进步不断增强其功能和可访问性，比特币有望保持其在全球金融格局中的突出地位。