比特幣 ETF：投資者綜合指南

比特幣 ETF 徹底改變了比特幣投資，為投資者提供了新的機會。隨著選項清單不斷增加，選擇正確的選項可能會讓人不知所措。我們的全面分析深入研究了比特幣期貨和現貨 ETF 的關鍵指標，使您能夠做出明智的決策。我們比較費用比率、數量、回報和技術指標，揭示隱藏的見解和潛在趨勢。探索我們的分析，探索比特幣 ETF 的令人興奮的世界，評估它們是否適合您的投資策略。

Bitcoin ETFs: A Comprehensive Analysis and Investment Guide

比特幣 ETF：綜合分析與投資指南

The world of investing in Bitcoin has undergone a transformative revolution with the advent of Bitcoin Exchange-Traded Funds (ETFs). These ETFs have introduced unprecedented excitement and potential profitability to the market. However, with a rapidly expanding roster of options, choosing the right ETF for your investment strategy can be a daunting task.

隨著比特幣交易所交易基金（ETF）的出現，比特幣投資世界經歷了變革。這些ETF為市場帶來了前所未有的興奮和潛在的獲利能力。然而，隨著選擇的不斷增加，為您的投資策略選擇合適的 ETF 可能是一項艱鉅的任務。

Fear not, for we have meticulously crafted this comprehensive analysis to empower you with the knowledge and insights necessary to navigate the Bitcoin ETF landscape with confidence. Our monthly analysis, an invaluable resource for both seasoned investors and newcomers alike, delves into the performance of both Bitcoin Futures ETFs and Spot ETFs, providing an in-depth examination of key metrics such as one-month average volume, expense ratio, one-month return, and net fund flow.

別擔心，因為我們精心製作了這份全面的分析，為您提供必要的知識和見解，讓您充滿信心地駕馭比特幣 ETF 格局。我們的月度分析對經驗豐富的投資者和新手來說都是寶貴的資源，深入研究了比特幣期貨 ETF 和現貨 ETF 的表現，深入研究了關鍵指標，例如一個月平均交易量、費用比率、單月回報率和資金淨流量。

Bitcoin Futures ETFs: A Deep Dive

比特幣期貨 ETF：深入探討

Bitcoin Futures ETFs have gained significant traction, with BITO, BTF, BITS, ARKA, DEFI, BETH, BETE, ARKY, ARKC, and BITC emerging as key players. Let's delve into their performance and dynamics:

比特幣期貨 ETF 已獲得巨大關注，BITO、BTF、BITS、ARKA、DEFI、BETH、BETE、ARKY、ARKC 和 BITC 成為主要參與者。讓我們深入研究他們的表現和動態：

1. Basic Data Overview

一、基本數據概述

2. Monthly Average Volume Analysis

比特幣期貨ETF 價格價格變動成交量第一個月平均成交量第三個月平均成交量AUMSharesBITO$29.03N/A9,818,10015,493,39120,171,544$2,381.3M85.7MBTF$19.2002.7,4646. 68770,756$50.3M2.7MBITS$6 5.51+5.22%10,3009 ,44311,563$23.5M0.4MARKA$63.88+3.51%1,9004,6226,603$63.88+3.51%1,9004,6226,603005,030. 7229,353$11.6 M0.2MBETH$80.51+3.25%2,1002,00 42,128$6.9 M0.1MBETE$76.68+3.02%6,5002,1522,584$5.1M0.1M2。月平均成交量分析

Among the top seven Bitcoin Futures ETFs, BITO dominates with a one-month average volume of 15,493,391, followed by BTF with 47,687 and DEFI with 13,722. However, it's important to note that these one-month volumes are generally lower than their three-month average volumes.

在前七名比特幣期貨 ETF 中，BITO 以 15,493,391 手的一個月平均成交量佔據主導地位，其次是 BTF（47,687 手）和 DEFI（13,722 手）。然而，值得注意的是，這些一個月的交易量通常低於三個月的平均交易量。

3. Expense Ratio Analysis

3.費用率分析

In terms of cost efficiency, BETE and BETH have the highest expense ratio of 1.33%, closely followed by BTF at 1.24%. BITO registers a 0.95% expense ratio, while DEFI and BITS come in at 0.94% and 0.65%, respectively. ARKA exhibits the second-lowest expense ratio of 0.70%.

從成本效率來看，BETE和BETH的費用率最高，為1.33%，緊追在後的是BTF，為1.24%。 BITO 的費用率為 0.95%，而 DEFI 和 BITS 的費用率分別為 0.94% 和 0.65%。 ARKA 的費用率排名第二低，為 0.70%。

4. Performance Analysis

4. 性能分析

When it comes to performance, all the top seven Bitcoin Futures ETFs show negative one-month returns. BTF underperforms with a -8.35% return, followed by BETE at -8.10%. BITS registers a return of -7.01%, while BETH and ARKA showcase returns of -6.46% and -5.03%, respectively. DEFI demonstrates a slightly better return of -4.69%, while BITO follows with -4.87%.

就業成績而言，前七名比特幣期貨 ETF 的一個月報酬率全為負。 BTF 表現不佳，回報率為 -8.35%，其次是 BETE，回報率為 -8.10%。 BITS 的回報率為-7.01%，而BETH 和ARKA 的回報率分別為-6.46% 和-5.03%。 DEFI 的回報率略高，為-4.69%，而 BITO 緊隨其後，為-4.87%。

Over a three-month period, BITO's performance stands out with a remarkable return of 54.15%. ARKA and DEFI also perform well with returns of 53.03% and 50.82%, respectively.

三個月內，BITO 的表現脫穎而出，回報率高達 54.15%。 ARKA和DEFI也表現出色，回報率分別為53.03%和50.82%。

5. Monthly Net Fund Flow Analysis

5.每月淨資金流向分析

Among the top seven Bitcoin Futures ETFs, only ARKA exhibits a positive net fund flow of +0.01015 million. BITO showcases the biggest negative fund flow of -256.68 million, followed by DEFI with -14.59 million, BITS with -2.22 million, and BTF with -1.14 million.

在前七名比特幣期貨ETF中，只有ARKA的淨資金流量為+010.15萬。 BITO 的負資金流量最大，為-25,668 萬，其次是 DEFI（-1,459 萬）、BITS（-222 萬）和 BTF（-114 萬）。

6. Technical Analysis

6. 技術分析

To provide a comprehensive technical analysis of these seven Bitcoin Futures ETFs, we have employed five essential indicators: Williams % Range (20 Days), MACD (15 Period), 20-Day Moving Average, RSI (30 Days), and 20-Day Volatility.

為了對這七種比特幣期貨ETF 進行全面的技術分析，我們採用了五個基本指標：Williams % Range（20 天）、MACD（15 個週期）、20 日移動平均線、RSI（30 天）和20 天揮發性。

Our analysis reveals that BTF, BITS, DEFI, and BETE are moving towards the overbought territory, suggesting a potential correction or reversal. BITO, ARKA, and BETH are neither in overbought nor oversold territory.

我們的分析顯示，BTF、BITS、DEFI 和 BETE 正在走向超買區域，顯示可能出現修正或逆轉。 BITO、ARKA 和 BETH 既沒有處於超買也沒有處於超賣區域。

The MACD (15 Period) indicator indicates bearish trends for all ETFs, as none of them show positive values. When the MACD is in the negative range, it suggests that the shorter-term moving average is below the longer-term moving average.

MACD（15 週期）指標顯示所有 ETF 的看跌趨勢，因為它們都沒有顯示正值。當MACD處於負值區間時，表示短期移動平均線低於長期移動平均線。

Based on the 20-Day Moving Average, only ARKA is in a bullish phase, as the current value of none of the others outperforms its average value.

根據 20 日移動平均線，只有 ARKA 處於看漲階段，因為其他股票的當前價值均未超過其平均值。

The RSI (30-Day) indicators convey that all ETFs remain in the bullish territory, as the RSI value of every ETF is either 50 or above 50.

RSI（30 天）指標顯示所有 ETF 仍處於看漲區域，因為每隻 ETF 的 RSI 值為 50 或高於 50。

The 20-Day Volatility analysis suggests that BITS and BETH enjoy comparatively lower-level price fluctuations, while BTF and BETE have higher-level price fluctuations and thus have potential for sharp price movements.

20天波動率分析表明，BITS和BETH的價格波動幅度相對較小，而BTF和BETE的價格波動幅度較大，因此有可能出現劇烈的價格波動。

Bitcoin Spot ETFs: An In-Depth Look

比特幣現貨 ETF：深入研究

The Bitcoin Spot ETF market is populated by prominent players such as GBTC, IBIT, FBTC, ARKB, BITB, HODL, BRRR, BTCO, EZBC, and BTCW. Let's analyze the top seven Bitcoin Spot ETFs based on Asset Under Management:

比特幣現貨 ETF 市場由 GBTC、IBIT、FBTC、ARKB、BITB、HODL、BRRR、BTCO、EZBC 和 BTCW 等知名參與者組成。我們根據資產管理規模來分析前七名比特幣現貨ETF：

1. Basic Data Overview

一、基本數據概述

2. Average Volume Analysis

比特幣現貨ETF價格價格變動成交量第一個月平均成交量第三個月平均成交量AUM股票GBTC$59.26+3.40%7,510,60012,233,71916,223,058$19,381.0M342.4MIBIT$3723+3+3. ,252,70439,155 ,628$17,303.5M479.6MFBTC$58.23+3.39%6,580,, 3009,599,76211,634,737$9,6594.M1746. 6192,981,728$2,774.1M43.2MBITB$36.33+3.47% 1,568,4002,360, 8812,977,542$2,162.7M61.7MHODL$75.38+3.59%225 ,500313,848489,970$590.7M8.100313,848489,970$590.708.MBR748.M590.7$1,0750050,0750503050,075003000595.075003000138550300053000138,53003003053003030305300138% 502.2M28.0M2。平均成交量分析

Analyzing the one-month average volume, IBIT emerges as the leader with an impressive volume of 40,252,704. GBTC and FBTC follow with volumes of 12,233,719 and 9,599,

從一個月平均交易量來看，IBIT 以 40,252,704 的交易量成為領先者。 GBTC 和 FBTC 緊追在後，交易量分別為 12,233,719 和 9,599，