貝萊德的比特幣 ETF 主導地位飆升，資產突破 $17.6B

貝萊德的比特幣 ETF (IBIT) 自推出以來經歷了飛速上漲，管理資產 (AUM) 飆升至超過 250,000 BTC 的歷史新高，價值約 176 億美元。這一顯著的成長使貝萊德成為按資產管理規模計算的第二大比特幣發行商，僅次於灰階。

BlackRock's Dominance in Bitcoin ETF Market Soars, Surpassing $17.6 Billion in Assets Under Management

貝萊德在比特幣 ETF 市場的主導地位飆升，管理資產超過 176 億美元

The launch of Bitcoin exchange-traded funds (ETFs) has reverberated through the financial landscape, with BlackRock emerging as a formidable industry leader. Since the SEC's regulatory nod in early 2024, Bitcoin ETFs have made a resounding debut, amassing significant market share and outpacing traditional investments.

比特幣交易所交易基金（ETF）的推出在金融領域引起了反響，貝萊德逐漸成為強大的產業領導者。自 2024 年初 SEC 監管批准以來，比特幣 ETF 首次亮相，積累了巨大的市場份額，並超越了傳統投資。

BlackRock's Meteoric Rise

貝萊德的迅速崛起

BlackRock, a behemoth in the asset management industry, has played a pivotal role in this burgeoning market. Its flagship Bitcoin ETF, known as iBIT, has surged to new heights, surpassing 250,000 BTC under management, valued at an astounding $17.6 billion as of March 28th. This remarkable growth solidifies BlackRock's position as the second largest Bitcoin issuer by assets under management, trailing only the industry titan Grayscale, which holds 347,552 BTC.

資產管理產業的巨頭貝萊德在這個新興市場中發揮了關鍵作用。其旗艦比特幣 ETF（即 iBIT）已飆升至新的高度，截至 3 月 28 日，其管理的比特幣數量已超過 25 萬個，價值達到驚人的 176 億美元。這一顯著的成長鞏固了貝萊德作為管理資產第二大比特幣發行商的地位，僅次於持有 347,552 比特幣的行業巨頭 Grayscale。

Grayscale's Potential Demise

灰階的潛在消亡

The rapid ascension of BlackRock's iBIT has cast a shadow over the once-dominant Grayscale. While Grayscale maintains its lead for now, BlackRock's momentum and iBIT's superior performance suggest a potential changing of the guard on the horizon.

貝萊德iBIT的迅速崛起，為曾經佔據主導地位的灰階蒙上了一層陰影。雖然 Grayscale 目前保持領先地位，但 BlackRock 的勢頭和 iBIT 的卓越表現表明，可能即將發生變化。

BlackRock CEO Larry Fink has hailed Bitcoin ETFs as the "fastest-growing ETF in the history of ETFs." This glowing endorsement mirrors the surging daily inflows into the asset class, further validating the exceptional success of Bitcoin ETFs.

貝萊德執行長 Larry Fink 稱讚比特幣 ETF 是「ETF 史上成長最快的 ETF」。這種熱烈的認可反映了每日資金流入該資產類別的激增，進一步驗證了比特幣 ETF 的非凡成功。

Industry-Wide Triumph

全行業的勝利

BlackRock's triumphs are not an isolated phenomenon. The "newborn nine" Bitcoin ETFs have collectively amassed a remarkable milestone, holding nearly 4% of the supply of the world's largest cryptocurrency by market capitalization, translating to over $54 billion in value. This collective achievement underscores the profound impact that Bitcoin ETFs have had on the investment landscape.

貝萊德的成功並不是一個孤立的現象。 「新生九隻」比特幣 ETF 共同創造了一個非凡的里程碑，佔全球市值最大加密貨幣供應量的近 4%，價值超過 540 億美元。這項集體成就凸顯了比特幣 ETF 對投資格局的深遠影響。

Fidelity's WiseOrigin Bitcoin ETF (FBTC) trails BlackRock's iBIT with $9.87 billion in assets, while ARK 21Shares Bitcoin ETF (ARKB) follows closely with over $3 billion, buoyed by its recent record-breaking daily inflow of $200 million.

富達(Fidelity) 的WiseOrigin 比特幣ETF (FBTC) 以98.7 億美元的資產落後於貝萊德(BlackRock) 的iBIT，而ARK 21Shares 比特幣ETF (ARKB) 緊隨其後，資產規模超過30 億美元，近期創紀錄的日流入量達2 億美元。

Institutional Accumulation and Market Dynamics

機構累積和市場動態

The growing institutional appetite for Bitcoin evidenced by the surging adoption of Bitcoin ETFs could potentially impair retail investors' ability to access the market. However, the regulatory uncertainty surrounding Ethereum ETFs may give Bitcoin ETFs a prolonged period of dominance.

比特幣 ETF 的激增證明了機構對比特幣的興趣不斷增長，這可能會削弱散戶投資者進入市場的能力。然而，圍繞以太坊 ETF 的監管不確定性可能會讓比特幣 ETF 長期佔據主導地位。

Grayscale's GBTC, once the undisputed champion of Bitcoin investment vehicles, has suffered setbacks, recording over $11 billion in outflows since the launch of Bitcoin ETFs. The SEC's reluctance to approve Ethereum ETFs has dampened optimism for their near-term prospects.

Grayscale 旗下的 GBTC 曾經是無可爭議的比特幣投資工具冠軍，但自從推出比特幣 ETF 以來，資金流出已超過 110 億美元。美國證券交易委員會不願批准以太坊 ETF，削弱了對其近期前景的樂觀情緒。

Conclusion

結論

BlackRock's ascendancy in the Bitcoin ETF market is a testament to the transformative power of this new asset class. The firm's success, along with the broader growth of Bitcoin ETFs, heralds a paradigm shift in the financial world. As the industry continues to evolve, BlackRock's dominance may well accelerate, potentially overshadowing its rivals and solidifying its position as one of the largest Bitcoin holders in the world.

貝萊德在比特幣 ETF 市場的優勢證明了這個新資產類別的變革力量。該公司的成功以及比特幣 ETF 的更廣泛增長預示著金融世界的範式轉移。隨著該行業的不斷發展，貝萊德的主導地位很可能會加速，有可能超越其競爭對手，並鞏固其作為全球最大比特幣持有者之一的地位。