投資者押注支出減半，比特幣 ETF 飆漲 3,040 萬美元

4 月 19 日，比特幣 ETF 流入 3,040 萬美元，結束了長達一周的連續流出，因為投資者預期加密貨幣減半事件並策略性調整投資組合。這一激增標誌著灰階比特幣信託 ETF (GBTC) 先前資金流出的逆轉，並表明投資者在預期價值上漲之前越來越樂觀。減半事件也引發了網路費用激增，在第四個比特幣減半區塊中，用戶為有限的區塊空間支付了超過 240 萬美元的費用。

Bitcoin ETFs Surge with $30.4 Million Inflow as Investors Stake on Halving Gains

投資者押注收益減半，比特幣 ETF 資金流入激增 3,040 萬美元

Amidst heightened anticipation surrounding Bitcoin's upcoming halving event, exchange-traded funds (ETFs) tied to the cryptocurrency have witnessed a remarkable shift. Snapping a week-long outflow streak, Bitcoin ETFs have attracted a substantial inflow of $30.4 million, signaling growing investor optimism and strategic portfolio adjustments.

在人們對即將到來的比特幣減半事件的高度預期中，與加密貨幣相關的交易所交易基金（ETF）見證了顯著的轉變。比特幣 ETF 結束了連續一周的資金流出，吸引了 3040 萬美元的大量資金流入，這表明投資者的樂觀情緒不斷增強，戰略投資組合也在調整。

Halving Fueling Investor Enthusiasm

減半激發投資者熱情

Leading up to the halving, which is scheduled to occur on April 20, investment experts worldwide have advocated for the inclusion of Bitcoin in investment portfolios. The halving, a programmed reduction in Bitcoin's issuance rate by half, is historically associated with significant market value increases. The Bitcoin ETF market has responded decisively to this bullish sentiment, reversing its recent outflow trend.

在計劃於 4 月 20 日減半之前，世界各地的投資專家都主張將比特幣納入投資組合。減半，即比特幣發行率按計劃減少一半，從歷史上看與市場價值的大幅增長有關。比特幣ETF市場對這種看漲情緒做出了果斷反應，扭轉了近期的資金外流趨勢。

Outflow Streak Ends, Inflows Dominate

資金流出趨勢結束，資金流入占主導地位

According to data from Farside, the US Bitcoin ETF ecosystem experienced persistent outflows from April 12 to 18, primarily driven by the Grayscale Bitcoin Trust ETF (GBTC). However, on April 19, a reversal of fortunes occurred as 5 out of 10 licensed ETFs, including Fidelity Wise Origin Bitcoin Fund (FBTC), Bitwise Bitcoin ETF (BITB), ARK 21Shares Bitcoin ETF (ARKB), Invesco Galaxy Bitcoin ETF (BTCO), and Franklin Bitcoin ETF (EZBC), recorded positive inflows that outweighed GBTC's outflows.

Farside的數據顯示，美國比特幣ETF生態系統從4月12日至18日經歷了持續的資金流出，主要是由灰階比特幣信託ETF（GBTC）推動的。然而，4月19日，命運發生了逆轉，10隻持牌ETF中有5隻，包括Fidelity Wise Origin Bitcoin Fund (FBTC)、Bitwise Bitcoin ETF (BITB)、ARK 21Shares Bitcoin ETF (ARKB)、Invesco Galaxy Bitcoin ETF (BTCO) ）和富蘭克林比特幣 ETF（EZBC）的資金流入量超過了 GBTC 的流出量。

Inflow Surge Overcomes GBTC Withdrawals

資金流入激增克服了 GBTC 提款

Despite cumulative withdrawals of $47.6 million from GBTC and a smaller outflow of $1.8 million from FBTC, the combined inflows of $58.2 million into the other five ETFs catapulted the net inflow into the Bitcoin ETF market to $30.4 million.

儘管從 GBTC 累積提款 4,760 萬美元，從 FBTC 流出 180 萬美元，但其他 5 隻 ETF 的總流入量為 5,820 萬美元，使比特幣 ETF 市場的淨流入量激增至 3,040 萬美元。

Fees Soar as Miners Push for Blockspace

隨著礦工推動區塊空間，費用飆升

The impending halving event has not only influenced the ETF market but has also significantly impacted the Bitcoin network. As miners compete for limited blockspace on the Bitcoin blockchain, transaction fees have skyrocketed. The block containing the 840,000th Bitcoin, which triggered the halving, attracted a staggering 37.7 BTC in fees, equivalent to over $2.4 million. This surge highlights the high demand for blockspace and the anticipation surrounding the halving.

即將到來的減半事件不僅影響了ETF市場，也對比特幣網路產生了重大影響。隨著礦工爭奪比特幣區塊鏈上有限的區塊空間，交易費用飆升。包含第 84 萬個比特幣的區塊引發了減半，吸引了驚人的 37.7 BTC 費用，相當於超過 240 萬美元。這種激增凸顯了對區塊空間的高需求以及對減半的預期。

Conclusion

結論

The resurgence of Bitcoin ETFs with a substantial inflow of $30.4 million reflects the growing optimism among investors as the halving approaches. The halving, coupled with the strategic portfolio adjustments made by major ETF providers, has breathed new life into the Bitcoin ETF market. As the halving draws closer, the market's bullish sentiment is expected to continue, potentially driving further inflows and propelling Bitcoin's value further.

比特幣 ETF 的復甦，資金大幅流入 3,040 萬美元，反映出隨著減半臨近，投資者的樂觀情緒日益增強。減半，加上主要ETF供應商所做的策略性投資組合調整，為比特幣ETF市場注入了新的活力。隨著減半的臨近，市場的看漲情緒預計將持續，可能會推動進一步的資金流入並進一步推高比特幣的價值。