ETC 集團執行長表示，比特幣波動是由經濟因素和市場事件驅動的

ETC 集團執行長 Tim Bevan 在接受 Proactive 採訪時討論了近期比特幣價格的波動，並將其歸因於宏觀經濟因素和特定市場事件。他還評論了美國推出以太坊 ETF 的可能性、倫敦證券交易所 (LSE) 決定推出加密貨幣 ETP 部分以及即將到來的比特幣減半事件。

Bitcoin Market Dynamics: Volatility Attributed to Macroeconomic Factors and Specific Events

比特幣市場動態：宏觀經濟因素和特定事件導致的波動

London, UK - ETC Group CEO Tim Bevan has provided insights into the recent volatility in Bitcoin prices, attributing it to a combination of macroeconomic factors and specific market events.

英國倫敦 - ETC 集團執行長 Tim Bevan 深入分析了近期比特幣價格的波動，並將其歸因於宏觀經濟因素和特定市場事件的共同作用。

In an interview with Proactive's Stephen Gunnion, Bevan highlighted the stronger-than-expected US economy, as indicated by recent jobs data, which has led to a reassessment of interest rate expectations. This has had an impact on risk assets such as Bitcoin.

在接受 Proactive 的 Stephen Gunnion 採訪時，Bevan 強調了近期就業數據顯示的美國經濟強於預期，這導致了對利率預期的重新評估。這對比特幣等風險資產產生了影響。

Another contributing factor to the market instability has been the movement of $2 billion worth of confiscated Bitcoin from the Silk Road case onto a Coinbase account by the US Department of Justice (DOJ).

造成市場不穩定的另一個因素是美國司法部 (DOJ) 將絲路案件中沒收的價值 20 億美元的比特幣轉移到 Coinbase 帳戶上。

Despite these short-term drivers, Bevan believes that the price fluctuations are within Bitcoin's typical trading range.

儘管有這些短期驅動因素，貝文認為價格波動在比特幣的典型交易範圍內。

Ethereum ETF Prospects: Negative Shift in Regulatory Landscape

以太坊 ETF 前景：監理環境的負面轉變

Regarding the prospects of an Ethereum exchange-traded fund (ETF) in the US, Bevan noted a negative shift due to the Securities and Exchange Commission's (SEC) increased efforts to classify Ethereum as a security. This classification, influenced by interactions with the Ethereum Foundation and the transition to proof-of-stake, represents a significant regulatory change and dampens the immediate hopes for an Ethereum ETF. However, Bevan remains optimistic about potential developments later in the year.

關於美國以太坊交易所交易基金（ETF）的前景，Bevan 指出，由於美國證券交易委員會（SEC）加大力度將以太坊歸類為證券，因此出現了負面轉變。這種分類受到與以太坊基金會的互動以及向權益證明過渡的影響，代表著重大的監管變化，並削弱了人們對以太坊 ETF 的直接希望。然而，貝文對今年稍後的潛在發展仍持樂觀態度。

London Stock Exchange's Crypto ETP Segment: Positive Step with Caveats

倫敦證券交易所的加密貨幣 ETP 部分：積極的一步，但需注意

Bevan commented on the London Stock Exchange's (LSE) decision to establish a segment for crypto exchange-traded products (ETPs), viewing it as a positive step toward legitimizing the market. However, he expressed concern about the exclusion of retail investors from this segment, suggesting that it could limit market liquidity and appeal.

Bevan 對倫敦證券交易所 (LSE) 建立加密貨幣交易所交易產品 (ETP) 部門的決定發表了評論，認為這是邁向市場合法化的積極一步。然而，他對散戶被排除在這一領域表示擔憂，認為這可能會限制市場流動性和吸引力。

Bitcoin Halving Event: Long-Term Impact on Supply Dynamics

比特幣減半事件：對供應動態的長期影響

Bevan also discussed the upcoming Bitcoin halving event, scheduled around April 20, which will reduce the reward for mining Bitcoin. He emphasized that while the halving itself may not have an immediate impact on prices, its long-term effect on supply could be significant.

Bevan 也討論了即將到來的比特幣減半事件，該事件定於 4 月 20 日左右進行，這將減少開採比特幣的獎勵。他強調，雖然減半本身可能不會對價格產生即時的影響，但其對供應的長期影響可能會很大。

Conclusion

結論

The recent volatility in Bitcoin prices is a reflection of both macroeconomic factors and specific market events, according to Tim Bevan, CEO of ETC Group. The outlook for an Ethereum ETF in the US remains uncertain due to regulatory complexities, while the London Stock Exchange's new crypto ETP segment brings opportunities but also raises concerns about accessibility. The upcoming Bitcoin halving event is expected to have long-term implications for the supply dynamics of the cryptocurrency.

ETC 集團執行長 Tim Bevan 表示，近期比特幣價格的波動既反映了宏觀經濟因素，也反映了特定的市場事件。由於監管複雜性，美國以太坊 ETF 的前景仍然不確定，而倫敦證券交易所新的加密貨幣 ETP 部分帶來了機遇，但也引發了人們對可訪問性的擔憂。即將到來的比特幣減半事件預計將對加密貨幣的供應動態產生長期影響。