儘管波動率波動

1月份，現場比特幣ETF賺了49.4億美元，年齡為約590億美元。在上下文中：在2024年的整個中，他們帶來了352億美元。

Bitcoin exchange-traded funds (ETFs) saw strong inflows in January, setting the stage for a potential record-breaking year. According to Bitwise Chief Investment Officer Matt Hougan, these inflows could reach $50 billion by the end of 2025.

比特幣交易所貿易資金（ETF）在一月份的流入強勁，為潛在的創紀錄一年奠定了基礎。根據Bitwise首席投資官Matt Hougan的說法，到2025年底，這些流入可能達到500億美元。

January inflows into spot bitcoin ETFs reached $4.94 billion, annualizing to about $59 billion. For comparison, in all of 2024, these ETFs brought in $35.2 billion.

一月份流入現貨比特幣ETF達到49.4億美元，年齡約為59億美元。為了進行比較，在2024年的整個中，這些ETF帶來了352億美元。

These inflows come as more institutional investors are adding Bitcoin to their portfolios. In 2024, two months saw outflows, while the highest monthly inflow was $6.4 billion in November.

隨著越來越多的機構投資者在其投資組合中增加比特幣，這些流入就來了。在2024年，兩個月的流出了，每月最高的流入量是11月的64億美元。

This year is expected to see more volatility in inflows, with some months likely seeing lower investment activity. Hougan, however, remains optimistic that these inflows will meet Bitwise's projection of $50 billion.

預計今年的流入率會增加，有些月的投資活動可能會降低。然而，霍根仍然樂觀，這些流入將符合比特方的預測500億美元。

The Securities and Exchange Commission (SEC) may also approve additional spot cryptocurrency ETFs in 2025. Several firms, including Grayscale and Bitwise, have submitted applications for ETFs linked to assets such as Solana, XRP, and Dogecoin.

美國證券交易委員會（SEC）還可以在2025年批准額外的現貨加密貨幣ETF。包括灰度和位的幾家公司已提交了與Solana，XRP和Dogecoin等資產相關的ETF的申請。

If approved, these ETFs would expand the investment options available to both institutional and retail investors in the digital asset market. Several market analysts have highlighted the potential for increased liquidity and diverse entry points.

如果獲得批准，這些ETF將擴大數字資產市場中機構和散戶投資者可用的投資選擇。幾位市場分析師強調了增加流動性和各種入口點的潛力。

However, the approval of these new ETFs hinges on the regulatory landscape and the evolving stance of the SEC on crypto regulations. Some experts remain cautious in their outlook.

但是，這些新ETF的批准取決於對加密法規的監管格局和SEC不斷發展的立場。一些專家的看法仍然謹慎。

Meanwhile, the presence of major financial players, such as BlackRock, could influence the SEC's decision. According to ETF Store President Nate Geraci, a BlackRock application would likely increase the chances of approval.

同時，貝萊德（Blackrock）等主要財務參與者的存在可能會影響SEC的決定。根據ETF商店總裁Nate Geraci的說法，黑石申請可能會增加批准的機會。

If approved, these new crypto ETFs could enhance liquidity and provide additional investment opportunities. Increased accessibility to multiple digital assets may boost institutional participation in the sector. However, the SEC's stance on crypto regulations will play a significant role in shaping the market.

如果獲得批准，這些新的加密ETF可以增強流動性並提供額外的投資機會。增加對多個數字資產的可訪問性可能會增加該行業的機構參與。但是，SEC對加密法規的立場將在塑造市場中發揮重要作用。

Many investors are shifting away from U.S. Treasury bonds in favor of alternative assets like Bitcoin. According to Bitwise Europe's Head of Research, André Dragosch, Gold’s rising demand signals a major structural shift. This trend suggests that traditional safe-haven assets are losing appeal to institutional investors.

許多投資者正在偏離美國國庫券，而轉向比特幣等替代資產。根據Bitwise Europe的研究負責人AndréDragosch的說法，Gold的不斷上升的需求信號標誌著主要的結構性轉變。這種趨勢表明，傳統的避風勢資產正在失去對機構投資者的吸引力。

Gold prices have reached near-record highs, indicating a strong preference for Gold as a hedge against inflation. Analysts believe this shift could also benefit Bitcoin due to its limited supply and zero counterparty risk. Investors searching for alternatives to government bonds may view Bitcoin as an attractive store of value.

黃金價格已經達到了近記錄的高點，表明人們強烈偏愛黃金作為對通貨膨脹的對沖。分析師認為，由於供應有限和零對手風險，這種轉變也可能使比特幣受益。尋找政府債券替代品的投資者可能將比特幣視為有吸引力的價值存儲。

Some central banks, including the Czech National Bank, consider Bitcoin part of their diversification strategy. Governor Aleš Michl recently announced plans to allocate reserves into Bitcoin, highlighting its low correlation with traditional assets. This move reflects growing institutional confidence in Bitcoin's long-term potential.

包括捷克國家銀行在內的一些中央銀行考慮了比特幣的多元化戰略。州長AlešMichl最近宣布計劃將儲量分配給比特幣，並強調其與傳統資產的低相關性。這一舉動反映了對比特幣長期潛力的機構信心的日益增強。

Overall, market trends indicate a significant shift in investor sentiment toward alternative assets, with Bitcoin at the forefront. Its increasing adoption among institutions may drive further inflows into ETFs, which will be monitored by analysts throughout the year.

總體而言，市場趨勢表明，投資者情緒向替代資產發生了重大轉變，比特幣處於最前沿。它在機構中的採用不斷提高可能會使ETF進一步流入，這將全年由分析師監控。

FAQs

常見問題解答

Bitcoin ETFs are expected to attract $50 billion in inflows in 2025, with January already recording $4.9 billion.

預計比特幣ETF將在2025年吸引500億美元的流入，一月已經記錄了49億美元。

Bitcoin ETFs recorded $35.2 billion in inflows in 2024, with the highest monthly inflow of $6.4 billion in November.

比特幣ETF在2024年的流入量為352億美元，11月的每月流入最高64億美元。

The SEC may approve additional spot crypto ETFs in 2025, with applications submitted for assets like Solana, XRP, and Dogecoin.

SEC可以在2025年批准其他位置加密ETF，並向Solana，XRP和Dogecoin等資產提交了申請。