比特幣現貨交易所交易基金（ETF）經歷了記錄中最糟糕的一天

自去年首次亮相以來，投資者在24小時內傾倒了價值超過10億美元的投資，因此本週首次亮相的現金比特幣交易所資金（ETFS）經歷了他們本週最糟糕的一天。

The 11 exchange-traded funds (ETFs) tracking the price of Bitcoin experienced their worst day ever on Tuesday as investors pulled more than $1 billion in investments from the products within 24 hours, according to crypto analytics firm CoinGlass.

Crypto Analialtics Coinglass表示，這筆交易所貿易資金（ETF）在周二追踪比特幣價格的最糟糕一天，因為投資者在24小時內從產品中收取了超過10億美元的投資。

The group of SEC-approved Bitcoin ETFs saw their largest-ever outflows with $1,007 million in outflows on Tuesday, CoinGlass's data showed. That far exceeds the previous record of $672 million in daily outflows set in December.

Coinglass的數據顯示，由SEC批准的比特幣ETF組看到了他們有史以來最大的流出，週二的外流為1007萬美元。這遠遠超過了12月創下的每日流出6.72億美元的記錄。

Tuesday’s rout follows a six-day decline during which the assets saw more than $2 billion in outflows overall as investors fled amid concerns of economic uncertainty.

週二的潰敗下降了為期六天的下降，在此期間，由於對經濟不確定性的擔憂，投資者逃離了投資者的總體流出超過20億美元。

The record outflows come as Bitcoin itself—and the broader crypto market—experience the biggest selloff since the election of President Trump in November. Since the beginning of February, the original cryptocurrency's price has tumbled from more than $100,000 to less than $85,000, flailing under the weight of Trump's tariff policy, the historic hack of crypto exchange ByBit, and multiple memecoin scandals.

創紀錄的外流是比特幣本身以及更廣泛的加密貨幣市場經歷了自11月特朗普總統大選以來最大的拋售。自2月初以來，最初的加密貨幣價格從超過100,000美元跌至不到85,000美元，在特朗普的關稅政策，歷史悠久的加密交易所交易所Bybit和多個Memecoin醜聞的範圍內進行。

Some of the outflow is likely the result of retail investors deciding to sell now and lock in gains from the recent bull market, as they expect more pain to come, ETF analyst at Bloomberg James Seyffart explained to Fortune.

散戶投資者決定現在出售並鎖定最近的牛市的收益，因為他們期望會有更多的痛苦，因此散戶投資者可能會產生更多的痛苦。

"People are probably just diversifying their exposures or unwinding some of their Bitcoin exposure," Seyffart said.

Seyffart說：“人們可能只是在使自己的暴露量多樣化或放鬆一些比特幣的暴露。”

But he added that some of the ETF losses may also be the result of large institutional investors like hedge funds engaging in basis trading—a strategy that seeks to make profit off of the difference between the spot price of a commodity and the price of a futures contract on the same commodity.

但他補充說，某些ETF損失也可能是大型機構投資者（如對沖基金從事基本交易的策略）旨在從商品的現貨價格和同一商品的期貨合同之間的差額中獲利的策略。

While the latest spot Bitcoin ETF movements are significant within the crypto world, these kinds of swings are not shocking for traditional financial markets, says Seyffart. For most non-crypto ETFs, it's normal to see large amounts of inflows and outflows.

Seyffart說，雖然最新的比特幣ETF運動在加密貨幣世界中很重要，但對於傳統金融市場而言，這種波動並不令人震驚。對於大多數非晶體ETF，看到大量流入和流出是正常的。

"We’re talking about billions of dollars coming out of these ETFs in rather a short space of time. But for now, it’s still par for the course for an ETF category," Seyffart said.

Seyffart說：“我們談論的是在很短的時間內從這些ETF中拿出數十億美元。但是，目前，ETF類別的課程仍然是相當的。”

James Butterfill, head of research at ETF issuer CoinShares, agreed, adding that $1 billion is just a small fraction of the total $100 billion invested in Bitcoin ETFs.

ETF發行人Coinshares的研究負責人詹姆斯·巴特菲爾（James Butterfill）表示同意，並補充說，10億美元僅是對比特幣ETF投資的1000億美元的一小部分。

"It’s actually quite small in the grand scheme of things," Butterfill said. "So it’s not particularly damaging."

Butterfill說：“在宏偉的計劃中，它實際上很小。” “因此，這並不是特別破壞。”