由於升息焦慮和全球不穩定，加密貨幣投資者退出數位資產

由於利率擔憂和地緣政治不確定性，加密貨幣投資者上週從數位資產產品撤資 2.06 億美元，這是連續第二週資金外流。比特幣 (BTC) 首當其衝，尤其是美國 ETF 和以 BTC 為基礎的其他金融工具，金額超過 1.92 億美元。

Cryptocurrency Investors Flee Digital Asset Products Amidst Rate Hike Fears and Global Uncertainty

由於升息擔憂和全球不確定性，加密貨幣投資者逃離數位資產產品

Cryptocurrency investors continue to withdraw colossal sums from digital asset investments, with the latest outflow tallying over $200 million, marking the second consecutive week of significant redemptions. CoinShares, a leading digital asset manager, reports that these withdrawals primarily stem from US-based exchange-traded funds (ETFs) and financial instruments backed by Bitcoin (BTC).

加密貨幣投資者繼續從數位資產投資中撤出巨額資金，最新流出金額超過 2 億美元，標誌著連續第二週出現大量贖回。領先的數位資產管理公司 CoinShares 報告稱，這些提款主要來自美國的交易所交易基金 (ETF) 和比特幣 (BTC) 支持的金融工具。

The escalating interest rate by central banks, particularly the Federal Reserve's (FED) recent hawkish stance, has fueled concerns among investors, leading them to retreat from riskier assets like cryptocurrencies. Analysts believe that maintaining high-interest rates for an extended period may further dampen investor sentiment in the digital asset market.

各國央行不斷上升的利率，特別是聯準會（FED）最近的強硬立場，加劇了投資者的擔憂，導致他們從加密貨幣等風險較高的資產中撤出。分析師認為，長期維持高利率可能會進一步抑制數位資產市場的投資人情緒。

Total global ETP trading volumes have also taken a hit, dropping from $21 billion last week to $18 billion this week. Notably, Bitcoin trading activity continues to trend upward, but its share in ETF trading has significantly decreased from 55% a month ago to approximately 28% currently. This decline underscores the macroeconomic headwinds impacting the crypto market.

全球 ETP 總交易量也受到打擊，從上週的 210 億美元降至本週的 180 億美元。值得注意的是，比特幣交易活動持續呈上升趨勢，但其在 ETF 交易中的份額已從一個月前的 55% 大幅下降至目前的約 28%。這種下降凸顯了影響加密貨幣市場的宏觀經濟阻力。

"The data suggests that the appetite from ETP/ETF investors continues to dwindle, likely due to expectations that the FED is likely to keep interest rates at these high levels for longer than expected," CoinShares analysts stated in their weekly report.

CoinShares 分析師在每週報告中表示：“數據表明，ETP/ETF 投資者的興趣繼續減弱，這可能是由於預期聯準會可能將利率維持在高水準的時間長於預期。”

While US ETFs suffered losses amounting to $244 million, Bitcoin faced outflows of over $192 million, attributed in part to liquidations in Grayscale's GBTC trust. However, bearish investors have not made substantial moves to short Bitcoin, with short-Bitcoin investments seeing outflows of only around $300,000.

雖然美國 ETF 損失高達 2.44 億美元，但比特幣面臨超過 1.92 億美元的資金外流，部分原因是 Grayscale 的 GBTC 信託基金清算。然而，看空的投資者並沒有採取實質行動來做空比特幣，做空比特幣的投資僅流出約 30 萬美元。

Ether (ETH), the second-largest cryptocurrency, extended its outflow streak to six weeks, with another $34 million withdrawn from Ether-based investment products. ETH has remained relatively stable over the past week, with a meager 0.30% price change, according to CoinMarketCap.

第二大加密貨幣以太幣 (ETH) 的流出連續時間延長至六週，基於以太幣的投資產品又有 3,400 萬美元撤資。根據 CoinMarketCap 的數據，ETH 在過去一周保持相對穩定，價格變化僅為 0.30%。

Blockchain equities also faced outflows totaling $9 million, marking the 11th consecutive week of declining investor confidence in the crypto sector. CoinShares analysts highlight concerns among investors about the potential impact of the upcoming Bitcoin halving, which will reduce the rewards for mining Bitcoin, on mining companies.

區塊鏈股票也面臨總計 900 萬美元的資金流出，這標誌著投資者對加密貨幣產業的信心連續第 11 週下降。 CoinShares 分析師強調了投資者對即將到來的比特幣減半的潛在影響的擔憂，這將減少採礦公司開採比特幣的回報。

"We believe that the outflows from crypto funds are likely to continue in the near term as investors remain cautious about the impact of rising interest rates and the potential for further macroeconomic headwinds," CoinShares analysts concluded.

CoinShares 分析師總結道：“我們認為，由於投資者對利率上升的影響以及進一步宏觀經濟不利因素的可能性保持謹慎，加密貨幣基金的資金外流可能會在短期內持續。”

As the global economy continues to grapple with geopolitical turmoil and the threat of persistent inflation, the crypto market is likely to face further volatility. Investors are advised to exercise caution and consider their risk tolerance before making any investment decisions.

隨著全球經濟持續應對地緣政治動盪和持續通膨的威脅，加密貨幣市場可能面臨進一步的波動。建議投資者在做出任何投資決定之前謹慎行事並考慮自己的風險承受能力。