比特幣現貨 ETF 遭受重大資金外流，價格先行下跌

截至 2024 年 4 月 26 日的一周，美國比特幣現貨 ETF 出現大幅波動，每週淨流出 3.28 億美元。資金流出激增發生在比特幣價格暴跌之前，可能導致比特幣價格下跌。 Grayscale 的 GBTC 出現大量資金流出，而 Fidelity 的 FBTC 和 BlackRock 的 IBIT 則出現顯著的流入。本週開始時資金積極，但周三轉向資金外流，週四和週五資金流出加劇。 Ark 21Shares 的 ARKB 是周五唯一一隻資金流入的 ETF，導致本週整體資金大幅流出。

Bitcoin Spot ETFs Witness Significant Outflows, Preceding Price Decline

比特幣現貨 ETF 出現大幅資金外流，價格先行下跌

New York, April 29, 2024 - Bitcoin Spot Exchange-Traded Funds (ETFs) in the United States experienced significant fluctuations in net flows during the week ending April 26, 2024. Notably, these ETFs registered a substantial weekly net outflow of $328 million, indicating a loss of investor interest.

紐約，2024 年4 月29 日- 在截至2024 年4 月26 日的一周內，美國的比特幣現貨交易所交易基金(ETF) 經歷了淨流量的大幅波動。週淨流出量高達3.28 億美元，顯示投資者興趣喪失。

Overview of Bitcoin ETF Weekly Flows

比特幣 ETF 每週流量概覽

The week commenced with robust activity, with various Spot BTC ETFs recording a combined net inflow of $62.02 million. However, Grayscale's GBTC faced a net outflow of $34.993 million on a single day, while Fidelity's FBTC exhibited a significant single-day net inflow of $34.83 million. Notably, BlackRock's IBIT Bitcoin ETF continued its positive momentum, recording an inflow of $19.4 million, extending its inflow streak to 70 days since its launch.

本週開始，活動活躍，各種現貨 BTC ETF 的淨流入總額達到 6,202 萬美元。不過，灰階的GBTC單日淨流出3,499.3萬美元，而富達的FBTC則出現單日大幅淨流入3,483萬美元。值得注意的是，貝萊德的 IBIT 比特幣 ETF 繼續保持積極勢頭，錄得 1,940 萬美元的流入，將其自推出以來的連續流入時間延長至 70 天。

On Tuesday, April 23, the positive trend persisted, with Farside UK data reporting net Bitcoin ETF inflows of $31.6 million. BlackRock's IBIT and Ark 21Shares' ARKB led the inflows, while Grayscale's GBTC experienced higher outflows. However, the inflows declined by half compared to the previous day, primarily due to the increasing outflows from GBTC.

4 月 23 日星期二，積極趨勢持續存在，Farside UK 數據顯示比特幣 ETF 淨流入為 3,160 萬美元。 BlackRock 的 IBIT 和 Ark 21Shares 的 ARKB 引領資金流入，而 Grayscale 的 GBTC 則流出較多。然而，流入量較前一日減少一半，主要是由於 GBTC 流出量增加。

A shift occurred on Wednesday, April 24, as net outflows reached $120 million, coinciding with a peak in trading volumes. Grayscale's GBTC accounted for the most significant outflow, while Fidelity's FBTC emerged with the highest net inflow.

4 月 24 日星期三發生了轉變，淨流出達到 1.2 億美元，恰逢交易量達到高峰。灰階的 GBTC 流出量最大，而富達的 FBTC 淨流入量最大。

Thursday, April 25, witnessed an intensification of Bitcoin ETF outflows, reaching an alarming $217 million across all ten Spot Bitcoin ETFs. Grayscale's GBTC led with $140 million in outflows, followed by other ETFs experiencing substantial withdrawals.

4 月 25 日星期四，比特幣 ETF 流出加劇，所有 10 隻現貨比特幣 ETF 的資金流出達到驚人的 2.17 億美元。 Grayscale 的 GBTC 資金流出量為 1.4 億美元，位居榜首，其他 ETF 緊隨其後，出現大量資金流出。

On Friday, April 26, outflows remained steady at $83.6 million, although Grayscale's GBTC exhibited a slower outflow compared to previous days. Remarkably, Ark 21Shares' ARKB was the only ETF to record inflows, with its Bitcoin ETF receiving a modest inflow of $5.4 million. Overall, the week concluded with a substantial outflow of $328 million, reflecting a shift in investor sentiment.

4 月 26 日星期五，儘管 Grayscale 的 GBTC 流出速度較前幾天有所放緩，但流出量仍穩定在 8,360 萬美元。值得注意的是，Ark 21Shares 的 ARKB 是唯一一隻記錄資金流入的 ETF，其比特幣 ETF 收到了 540 萬美元的適度流入。總體而言，本週結束時資金大幅流出 3.28 億美元，反映出投資者情緒的轉變。

Potential Impact on Bitcoin Price

對比特幣價格的潛在影響

The surge in outflows from Bitcoin Spot ETFs preceded a decline in the price of Bitcoin. Analysts believe that the outflows may have contributed to the dip in value, as they suggest that investors were selling their ETF holdings to liquidate their positions. The outflows may also reflect concerns about the long-term viability of Bitcoin and the broader cryptocurrency market.

在比特幣價格下跌之前，比特幣現貨 ETF 資金流出激增。分析師認為，資金外流可能是導致價值下跌的原因，因為他們認為投資人正在出售其持有的 ETF 來清算部位。資金外流也可能反映出人們對比特幣和更廣泛的加密貨幣市場的長期生存能力的擔憂。

Conclusion

結論

The recent outflows from Bitcoin Spot ETFs in the United States indicate a shift in investor sentiment and raise questions about the future of Bitcoin and other cryptocurrencies. As the market continues to evolve, investors are advised to carefully consider the risks and potential rewards associated with cryptocurrencies before making any investment decisions.

最近美國比特幣現貨 ETF 的資金流出顯示投資者情緒轉變，並引發了人們對比特幣和其他加密貨幣未來的疑問。隨著市場的不斷發展，建議投資者在做出任何投資決定之前仔細考慮與加密貨幣相關的風險和潛在回報。