CoinShares 表示，山寨幣安撫投資者，比特幣資金外流令人擔憂

在流入減少和流出增加的情況下，過去一周，專注於比特幣的基金撤資達到創紀錄的4.23 億美元，這是自2024 年3 月以來最大的流出量。下跌6%，引發了對投資者對比特幣信心的擔憂。值得注意的是，美國出現了 3.88 億美元的大幅流出，而瑞士和巴西等地區則出現了積極的資金流入，暗示了多元化策略。儘管比特幣遭遇挫折，但 Solana、Litecoin 和 Chainlink 等山寨幣卻表現出了韌性，吸引了資金流入，並表明投資者有興趣分散其加密貨幣投資組合。

CoinShares Weekly Report: Bitcoin Outflows Stir Concerns, Altcoins Provide Solace

CoinShares 每週報告：比特幣外流引發擔憂，山寨幣提供安慰

In a worrying turn of events for Bitcoin bulls, the leading crypto asset investment firm CoinShares has reported a third consecutive week of outflows from crypto funds. The latest weekly report reveals staggering withdrawals of $435 million, with Bitcoin accounting for a hefty $423 million of that decline. This massive exodus has raised red flags about investor confidence in the market and coincided with a 6% dip in Bitcoin prices, suggesting a potential correlation between sentiment and price action.

令比特幣多頭擔憂的是，領先的加密資產投資公司 CoinShares 報告稱，加密基金連續第三週出現資金流出。最新的每週報告顯示，提款金額高達 4.35 億美元，其中比特幣佔其中的 4.23 億美元。這種大規模的資金外流對投資者對市場的信心發出了危險信號，同時比特幣價格下跌了 6%，這表明情緒和價格走勢之間存在潛在的相關性。

While there is some solace in the decreasing outflows from Grayscale, the current leader in the ETF space, the overall slowdown in inflows remains a cause for concern. Grayscale saw outflows of $440 million last week, but this represents the lowest outflow in nine weeks. However, this glimmer of hope is overshadowed by a significant drop in inflows from new ETF issuers, plummeting from $254 million to $126 million in the past week, fueling fears of a wider decline in investor appetite.

儘管 ETF 領域目前的領導者 Grayscale 的資金流出減少帶來了一些安慰，但資金流入的整體放緩仍然令人擔憂。灰階上週流出 4.4 億美元，但這代表了九週以來的最低流出量。然而，這一一線希望被新 ETF 發行人的資金流入大幅下降所掩蓋，過去一周從 2.54 億美元驟降至 1.26 億美元，引發了對投資者興趣更廣泛下降的擔憂。

Regionally, the US has emerged as the epicenter of the outflow trend, contributing a staggering $388 million to the negative flow. It's important to note that despite this recent downturn, year-to-date inflows into the US remain positive, albeit at a record level of $13.6 billion. Germany and Canada seem to echo US sentiment, with outflows of $16 million and $32 million, respectively.

從地區來看，美國已成為資金外流趨勢的中心，造成了高達 3.88 億美元的負資金流。值得注意的是，儘管最近出現了經濟低迷，但年初至今流入美國的資金仍保持正值，儘管達到創紀錄的 136 億美元。德國和加拿大似乎與美國的情緒相呼應，分別流出 1,600 萬美元和 3,200 萬美元。

Amidst the gloom, Switzerland and Brazil offer a ray of hope, recording inflows of $5 million and $4 million, respectively. This suggests that not all regions are losing faith in the crypto market.

在一片悲觀之中，瑞士和巴西帶來了一線希望，分別錄得 500 萬美元和 400 萬美元的流入。這表明並非所有地區都對加密市場失去信心。

Looking beyond Bitcoin and Ethereum (which witnessed $38 million in outflows), the report paints a brighter picture for altcoin enthusiasts. Investors are seeking diversification and potentially higher returns by opting for multi-coin investment products ($7 million). Popular altcoins such as Solana ($4 million), Litecoin ($3 million), and Chainlink ($2.8 million) have continued to attract interest. The altcoin spectrum has experienced inflows across the board, with XRP, ADA, and DOT each seeing around $500,000 in inflows.

除了比特幣和以太坊（見證了 3800 萬美元的資金外流）之外，該報告為山寨幣愛好者描繪了一幅更光明的圖景。投資者透過選擇多幣種投資產品（700 萬美元）來尋求多元化和潛在更高的回報。 Solana（400 萬美元）、Litecoin（300 萬美元）和 Chainlink（280 萬美元）等熱門山寨幣繼續吸引人們的興趣。山寨幣領域經歷了全面的資金流入，XRP、ADA 和 DOT 的資金流入均約為 50 萬美元。

CoinShares' report paints a portrait of a cautious market. Bitcoin's dominance remains undeniable, but investor confidence is waning, leading to outflows. The slowdown in inflows from new issuers further amplifies these concerns. However, the sustained interest in altcoins indicates that investors are not abandoning the crypto space entirely. Instead, they are exploring alternative investments with the potential for higher returns.

CoinShares 的報告描繪了一幅謹慎的市場景象。比特幣的主導地位仍然不可否認，但投資者信心正在減弱，導致資金外流。新發行人資金流入放緩進一步加劇了這些擔憂。然而，對山寨幣的持續興趣表明投資者並沒有完全放棄加密貨幣領域。相反，他們正在探索具有更高回報潛力的另類投資。

The coming weeks will be critical in determining whether this outflow trend continues or if investor confidence rebounds. The future direction of Bitcoin prices and the overall health of the crypto market hinge on this outcome.

未來幾週對於決定這種資金外流趨勢是否持續或投資者信心是否反彈至關重要。比特幣價格的未來方向和加密貨幣市場的整體健康狀況取決於這一結果。