貝萊德比特幣信託基金自美國 ETF 推出以來首日實現零流入

貝萊德旗下的 iShares 比特幣信託基金 (IBIT) 經歷了自 1 月美國比特幣 ETF 成立以來首個沒有資金流入的日子，其他產品也出現了放緩。儘管如此，美國比特幣 ETF 市場仍持有 123 億美元的比特幣，而美國的以太坊 ETF 申請因 SEC 的延遲而仍在等待審理，而香港則為比特幣和以太坊 ETF 開綠燈。

BlackRock's Bitcoin Trust Experiences First Day of Zero Inflows Since US ETF Launch

貝萊德比特幣信託基金自美國 ETF 推出以來首日實現零流入

BlackRock's iShares Bitcoin Trust (IBIT) has reached a milestone, experiencing its first full day without any inflows since the inception of Bitcoin (BTC) exchange-traded funds (ETFs) in the United States in January, according to data from Farside.

根據 Farside 數據顯示，貝萊德旗下 iShares 比特幣信託 (IBIT) 已達到一個里程碑，自 1 月份美國比特幣 (BTC) 交易所交易基金 (ETF) 成立以來，首次全天沒有任何資金流入。

Since its launch on January 11, IBIT has consistently garnered millions of dollars in daily investments, amassing nearly $15.5 billion in just 71 days. However, on April 24, the inflow streak came to an end as BlackRock registered zero inflows.

自 1 月 11 日推出以來，IBIT 持續獲得數百萬美元的日常投資，在短短 71 天內就累積了近 155 億美元。然而，4月24日，隨著貝萊德的資金流入為零，連續的資金流入結束。

This lack of inflows was not isolated to IBIT, as other products also faced a lull. Only Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21Shares Bitcoin ETF (ARKB) recorded inflows, amounting to $5.6 million and $4.2 million, respectively. In contrast, Grayscale Bitcoin Trust ETF (GBTC) continued to experience outflows, with a recorded $130.4 million on April 24. Cumulatively, spot Bitcoin ETFs realized a net outflow of $120.6 million that day.

這種資金流入不足的現象並非 IBIT 獨有，其他產品也面臨停滯。只有 Fidelity Wise Origin Bitcoin Fund (FBTC) 和 ARK 21Shares Bitcoin ETF (ARKB) 則錄得資金流入，分別為 560 萬美元和 420 萬美元。相較之下，灰階比特幣信託ETF（GBTC）持續出現資金流出，4月24日流出額達1.304億美元。

While the absence of inflows is a first for IBIT, it is not an uncommon occurrence among other ETF participants. Fidelity's FBTC, for instance, has recorded three days of zero inflows in the past two weeks.

雖然缺乏資金流入對於 IBIT 來說是第一次，但在其他 ETF 參與者中並不少見。例如，富達的 FBTC 在過去兩週內連續三天出現零流入。

To date, the U.S. Bitcoin ETF market has accumulated a sizeable net $12.3 billion in Bitcoin. However, GBTC outflows have counterbalanced some of the inflows accrued by the remaining nine Bitcoin ETFs, with outflows surpassing $17 billion since January 11.

迄今為止，美國比特幣 ETF 市場已累積了 123 億美元的比特幣淨值。然而，GBTC 的資金流出抵消了其餘 9 隻比特幣 ETF 的部分流入，自 1 月 11 日以來資金流出超過 170 億美元。

Broader ETF Landscape

更廣泛的 ETF 格局

Beyond Bitcoin, the Bitcoin ETF market is witnessing a growing interest in Ethereum (ETH) ETFs. Several market participants have submitted applications for ETH ETFs in the United States. However, the Securities and Exchange Commission (SEC) has recently delayed approval decisions for several of these applications.

除了比特幣之外，比特幣 ETF 市場對以太坊 (ETH) ETF 的興趣也日益濃厚。一些市場參與者已經在美國提交了 ETH ETF 的申請。然而，美國證券交易委員會 (SEC) 最近推遲了對其中幾項申請的批准決定。

For instance, the SEC has extended its decision on whether to permit Grayscale's ETH Trust to be converted into a spot ETH exchange-traded product on NYSE Arca by 60 days to June 23.

例如，SEC 將是否允許 Grayscale 的 ETH Trust 在 NYSE Arca 轉換為現貨 ETH 交易所交易產品的決定延長了 60 天，至 6 月 23 日。

This deferral follows BlackRock's filing for its Ethereum spot ETF in mid-November last year, and the SEC opening a comment period on these instruments earlier this month.

這項延期是在貝萊德於去年 11 月中旬提交其以太坊現貨 ETF 申請，以及美國證券交易委員會於本月稍早對這些工具開啟評論期之後進行的。

Notably, Hong Kong regulators have recently authorized the establishment of the region's first spot Bitcoin and Ethereum exchange-traded funds (ETFs).

值得注意的是，香港監管機構最近授權設立該地區首個現貨比特幣和以太坊交易所交易基金（ETF）。