加密貨幣基金流出飆升至歷史新高：比特幣下跌和 GBTC 重組推動資金外流

數位資產投資產品每週流出創紀錄的 9.42 億美元，其中 20 億美元從灰階比特幣信託基金流出。此次資金流出是在連續七週流入總額達 123 億美元之後發生的。然而，山寨幣表現較好，淨流入 1,600 萬美元，尤其是 polkadot、avalanche 和 litecoin。

Crypto Fund Outflows Hit Record High, What's the Story?

加密貨幣基金流出創歷史新高，這是怎麼回事？

The digital asset investment world has just seen its biggest weekly outflow on record, with a whopping $942 million heading for the exits.

數位資產投資領域剛剛出現了有史以來最大的單週資金流出，高達 9.42 億美元的資金流出。

Who's to Blame?

誰該受責備？

Grayscale Bitcoin Trust (GBTC) takes the lead with a massive $2 billion in outflows, putting an end to a seven-week winning streak that had seen $12.3 billion pour in.

灰階比特幣信託基金 (GBTC) 以 20 億美元的巨額資金流出一馬當先，結束了 123 億美元流入的七週連續上漲勢頭。

Why the Sudden Shift?

為什麼突然轉變？

The culprit? A price dip in Bitcoin, which dropped below $61,000 from its $73,000 perch just days before. "We believe the recent price correction led to investor hesitancy," says CoinShares.

罪魁禍首？比特幣價格下跌，從幾天前的 73,000 美元跌破 61,000 美元。 CoinShares 表示：“我們認為最近的價格調整導致投資者猶豫不決。”

Is GBTC the Only One Feeling the Pain?

GBTC 是唯一感受到痛苦的人嗎？

Not quite. Coinbase research points to GBTC as the main driver behind the outflow surge, with potential selling pressure coming from the bankruptcy estate of Genesis Global, which holds a sizable stake in the fund.

不完全的。 Coinbase 研究指出，GBTC 是資金流出激增的主要推動力，潛在的拋售壓力來自於 Genesis Global 的破產財產，該公司持有該基金相當大的股份。

Any Bright Spots?

有什麼亮點嗎？

Altcoins, those cryptocurrencies that aren't Bitcoin, managed to buck the trend with a net inflow of $16 million. Polkadot, Avalanche, and Litecoin were among the lucky few to see some inflows.

山寨幣（除比特幣以外的加密貨幣）逆勢逆勢淨流入 1,600 萬美元。 Polkadot、Avalanche 和 Litecoin 是少數獲得資金流入的幸運兒。

What's Next?

下一步是什麼？

With the market taking a breather after the recent volatility, it remains to be seen whether the outflows will continue or if investors will start to pile back in. One thing's for sure, though: the crypto market is never one to stand still.

隨著市場在最近的波動之後稍事休息，資金外流是否會繼續，或者投資者是否會開始湧入，仍有待觀察。不過，有一點是肯定的：加密市場永遠不會停滯不前。