比特幣ETF產品在特朗普關稅之前看到大量流出

根據Farside Investors的數據，比特幣（BTC）交易所貿易資金（ETF）本週記錄了大量流出，在兩個交易日內損失了2.18億美元。

YEREVAN (CoinChapter) – Bitcoin ETF products experienced significant outflows this week, losing $218 million across two trading days, according to data from Farside Investors.

埃里萬（Coinchapter） - 根據Farside Investors的數據，本週比特幣ETF產品本周經歷了大量外流，在兩個交易日內損失了2.18億美元。

The largest withdrawals occurred on Tuesday, with $157.8 million exiting Bitcoin ETF products. On Monday, the outflows totaled $60.6 million. Among the biggest contributors to the outflows were Bitwise (BITB), Ark Invest (ARKB), and WisdomTree (BTCW). The only institution that saw positive Bitcoin ETF flows was BlackRock, with its IBIT ETF.

最大的提款發生在星期二，1.578億美元退出比特幣ETF產品。週一，流出總額為6060萬美元。在流出的最大貢獻者中，有位（BITB），ARK Invest（ARKB）和WisdomTree（BTCW）。唯一看到比特幣ETF流動的機構是貝萊德，其IBIT ETF。

As of April 1, BlackRock’s IBIT had no inflows or outflows, indicating that investors might be pausing their activity. This movement coincided with anticipation for new Trump tariffs later in the week.

截至4月1日，貝萊德的IBIT沒有流入或流出，表明投資者可能正在暫停活動。這一運動與本週晚些時候對新特朗普的關稅期望相吻合。

Furthermore, Ethereum ETF products also saw limited interest, with $3.6 million in net outflows reported by Farside for April 1. This shift aligned with a broader reduction in risk appetite from institutional investors.

此外，以太坊ETF產品也看到了有限的興趣，而4月1日的Farside報告了360萬美元的淨外流。這一轉變與機構投資者的風險食慾更大相符。

“The Spot Bitcoin ETFs saw $157.8 million outflow yesterday. The Spot Ethereum ETFs saw a $3.6 million outflow. Institutions are reducing risk ahead of today’s tariff announcement,” said analyst Crypto Rover.

“現貨比特幣ETF昨天有1.578億美元的流出。當地的以太坊ETF看到了360萬美元的流失。機構在今天的關稅宣布之前正在降低風險，”分析師Crypto Rover說。

These figures highlight the cautious behavior of larger investors as they anticipate potential market volatility linked to the new Trump tariffs.

這些數字強調了大型投資者的謹慎行為，因為他們預計潛在的市場波動與新的特朗普關稅有關。

The drop in Bitcoin ETF flows came ahead of a potential trade policy shift. On April 2, President Donald Trump is expected to announce sweeping tariffs on key imports, such as textiles, paper, and some food items from China, according to De Tijd.

比特幣ETF流的下降是在潛在的貿易政策轉變之前。據de Tijd稱，預計4月2日，唐納德·特朗普（Donald Trump）總統將宣布對主要進口的關稅，例如紡織品，紙張和一些來自中國的食品。

However, Bloomberg reported that the White House had yet to finalize its decision, citing unnamed sources familiar with the discussions. The delay has created uncertainty in financial markets, including cryptocurrencies.

但是，彭博社報導說，白宮尚未確定其決定，理由是熟悉討論的未命名消息來源。延誤已經在包括加密貨幣在內的金融市場上產生了不確定性。

“April 2nd is similar to election night. It is the biggest event of the year by an order of magnitude. 10x more important than any FOMC,” noted economic analyst Alex Krüger.

“ 4月2日類似於選舉之夜。這是一年中最大的命令，比任何FOMC都重要10倍，”經濟分析師AlexKrüger指出。

This uncertainty has influenced institutional behavior in Bitcoin ETF and Ethereum ETF products.

這種不確定性影響了比特幣ETF和以太坊ETF產品的製度行為。

In the current economic climate, many institutional investors are turning towards traditional assets over crypto. A Bank of America survey of 58% of fund managers showed that they prefer gold safe haven strategies during trade war conditions. In contrast, only 3% supported Bitcoin as a risk-off hedge.

在當前的經濟環境中，許多機構投資者正在轉向加密貨幣的傳統資產。美國銀行對58％的基金經理的調查表明，他們在貿易戰條件下更喜歡黃金避風港策略。相比之下，只有3％的人支持比特幣作為風險對沖。

Concerns around Bitcoin ETF risk include its high volatility and low liquidity during market stress, limiting its broader acceptance as a safe haven.

對比特幣ETF風險的擔憂包括其在市場壓力期間的高波動性和低流動性，從而限制了其作為避風港的廣泛接受。

In contrast, gold has historically drawn capital during macroeconomic turbulence, such as the 1930s depression or the 1998 Russian default, reinforcing its current popularity.

相比之下，在宏觀經濟動盪期間，黃金在1930年代的蕭條或1998年的俄羅斯違約中汲取了資本，從而增強了其當前的流行。