比特幣主導資金流入，以太坊面臨資金外流，山寨幣表現出複雜的趨勢：CoinShares 每週報告

歐洲著名數位資產投資公司 CoinShares 的最新每週報告揭示了加密資產資金流向的顯著變化。

Crypto asset fund flows experienced a shift last week with a promising influx of $48 million into digital asset investment products, according to the latest weekly report from CoinShares, a prominent European digital asset investment firm. This development comes amidst the impact of macroeconomic factors and investor sentiment on fund flows.

根據歐洲著名數位資產投資公司 CoinShares 最新的每週報告，加密資產資金流向上週發生了轉變，預計將有 4,800 萬美元流入數位資產投資產品。這一發展是在宏觀經濟因素和投資者情緒對資金流動的影響下發生的。

James Butterfill, Head of Research at CoinShares, highlighted that while nearly $1 billion flowed into digital asset products during the first half of the week, the release of new macroeconomic data and the US Federal Reserve’s minutes led to significant outflows of $940 million in the “latter half.”

CoinShares 研究主管 James Butterfill 強調，雖然前半周有近 10 億美元流入數位資產產品，但新的宏觀經濟數據和美聯儲會議紀要的發布導致 9.4 億美元的大幅流出。

Butterfill noted:

巴特菲爾指出：

“The release of new macroeconomic data and the US Federal Reserve’s minutes — which pointed to a stronger US economy and a more hawkish Fed — led to outflows of US$940 million in the latter half. This suggests that the post-US election honeymoon is over, and macroeconomic data is once again a key driver of asset prices.”

「新的宏觀經濟數據和聯準會會議紀要的發布——顯示美國經濟更加強勁，聯準會更加鷹派——導致下半年資金流出9.4億美元。這表明美國大選後的蜜月已經結束，宏觀經濟數據再次成為資產價格的關鍵驅動因素。

Bitcoin Led Inflows, Ethereum Faced Outflows

比特幣引領資金流入，以太坊面臨資金流出

The CoinShares report indicated that Bitcoin (BTC) largely drove the inflows last week with a total of $214 million. Despite being subject to outflows later in the period, Bitcoin remained the “best-performing asset” year-to-date with cumulative inflows of $799 million.

CoinShares 報告顯示，比特幣 (BTC) 是上週資金流入的主要推動力，總計 2.14 億美元。儘管在此期間晚些時候出現資金外流，但比特幣仍然是今年迄今為止“表現最佳的資產”，累計流入金額為 7.99 億美元。

This performance reflects its continued appeal to investors seeking exposure to digital assets in the context of broader market movements. In contrast, Ethereum (ETH) faced significant pressure, recording outflows of $256 million.

這一表現反映了它對在更廣泛的市場波動背景下尋求數位資產投資的投資者的持續吸引力。相比之下，以太坊（ETH）面臨巨大壓力，流出 2.56 億美元。

According to Butterfill, this trend could be attributed to a broader sell-off in the technology sector rather than any specific issues with the Ethereum network itself.

根據 Butterfill 的說法，這種趨勢可能歸因於技術領域更廣泛的拋售，而不是以太坊網路本身的任何具體問題。

Solana, on the other hand, stood out as a positive exception, attracting inflows of $15 million, suggesting resilience in certain altcoin sectors even during challenging market conditions.

另一方面，Solana 卻是一個積極的例外，吸引了 1500 萬美元的資金流入，這表明即使在充滿挑戰的市場條件下，某些山寨幣行業也具有彈性。

Altcoins Showed Mixed Trends

山寨幣呈現喜憂參半的趨勢

Overall, altcoins exhibited mixed but generally positive trends despite underwhelming price performances. Aave (AAVE), Stellar (XLM), and Polkadot (DOT) saw inflows of $2.9 million, $2.7 million, and $1.6 million, respectively, indicating sustained investor interest in these projects.

總體而言，儘管價格表現不佳，但山寨幣表現出好壞參半但總體積極的趨勢。 Aave (AAVE)、Stellar (XLM) 和 Polkadot (DOT) 的資金流入分別為 290 萬美元、270 萬美元和 160 萬美元，顯示投資者對這些項目的持續興趣。

This trend reflects a growing diversification in investment strategies as altcoins continue to attract niche markets and developers. XRP (XRP) recorded inflows of $41 million, which Butterfill linked to ongoing political and legal developments.

這一趨勢反映出，隨著山寨幣持續吸引利基市場和開發商，投資策略日益多元化。 XRP (XRP) 錄得 4,100 萬美元的流入，Butterfill 將其與持續的政治和法律發展聯繫起來。

The Head of Research at CoinShares noted:

CoinShares 研究主管指出：

“XRP saw substantial inflows of last week and remains primarily driven by political and legal factors, with inflows suggest heightened optimism ahead of the 15th January SEC appeal deadline.”

“XRP 上週出現大量資金流入，並且仍然主要受到政治和法律因素的推動，資金流入表明在 1 月 15 日 SEC 上訴截止日期之前樂觀情緒加劇。”

Global Crypto Market Outlook

全球加密貨幣市場展望

The global crypto market has faced notable bearish sentiment over the past week, shedding nearly $400 billion from its total market capitalization. Particularly, the valuation has dropped from $3.662 trillion last Monday to $3.283 trillion as of today.

過去一周，全球加密貨幣市場面臨明顯的看跌情緒，總市值縮水近 4,000 億美元。特別是，估值已從上週一的 3.662 兆美元下降至今天的 3.283 兆美元。

This significant plunge in market capitalization can be mainly attributed to the continues bearishness in Bitcoin. At the time of writing, Bitcoin has now dropped below $91,000 bringing its price to trade at a price of $90,704 marking a 3.9% decrease in the past day.

市值大幅下跌主要歸因於比特幣的持續看跌。截至本文撰寫時，比特幣現已跌破 91,000 美元，交易價格為 90,704 美元，較過去一天下跌 3.9%。