加密貨幣交換產品面臨更新的壓力

這標誌著兩週的流入後突然轉變，總共達到了8.7億美元。

Cryptocurrency exchange-traded products (ETPs) faced renewed pressure last week as investors pulled $240 million from the market, according to CoinShares’ April 7 report. This marked a sudden shift after two weeks of inflows, which had collectively reached $870 million.

根據Coinshares 4月7日的報告，由於投資者從市場上籌集了2.4億美元，因此加密貨幣交易所交易產品（ETP）面臨新的壓力。這標誌著兩週的流入後突然轉變，總共達到了8.7億美元。

Even with the dip, the total value held in digital asset ETPs stood at $132.6 billion, indicating a 0.8% increase from the previous week. In comparison, traditional assets like MSCI World equities saw a more substantial 8.5% fall over the same timeframe.

即使下降，數字資產ETP的總價值仍為1326億美元，表明比上週增加了0.8％。相比之下，像MSCI World Equities這樣的傳統資產在同一時間範圍內降低了8.5％的幅度。

James Butterfill, the Head of Research at CoinShares, linked the recent outflows to investor caution amid global trade tariffs imposed by the United States and concerns about their potential impact on global economic growth.

Coinshares的研究負責人詹姆斯·巴特菲爾（James Butterfill）將最近的流出與投資者聯繫起來，在美國對全球貿易關稅中的謹慎，並擔心它們對全球經濟增長的潛在影響。

Bitcoin ETPs Lead with $207 Million in Withdrawals

比特幣ETP以2.07億美元的提款領先

ETPs tracking Bitcoin encountered the most significant outflows, with weekly withdrawals amounting to $207 million. This development also marked the first instance of monthly flows turning negative in 2025. Over the past 30 days, Bitcoin ETPs have recorded $138 million in net outflows.

ETP跟踪比特幣遇到了最重要的流出，每週提款達2.07億美元。這一發展也標誌著2025年每月流量變量的第一次實例。在過去的30天中，比特幣ETP的淨出水流已達到1.38億美元。

However, despite the recent setback, Bitcoin ETPs continue to display strength on a yearly scale. Since the beginning of the year, these products have attracted $1.3 billion in inflows.

然而，儘管最近遇到了挫折，但比特幣ETP仍會每年顯示強度。自今年年初以來，這些產品吸引了13億美元的流入。

ETPs focused on Ethereum also registered outflows of $38 million for the week, but year-to-date figures for the yellow coin remained positive at $279 million.

ETP專注於以太坊的ETP還註冊了本週的3800萬美元外流，但是黃色硬幣的年及以日期的數字仍為2.79億美元。

Other digital assets also faced headwinds. Solana ETPs recorded outflows of $1.8 million, while Sui products saw outflows of $4.7 million. Multi-asset and short Bitcoin Products saw yearly outflows of $144 million and $26 million respectively, despite receiving minor inflows of $2.6 million and $3.4 million respectively in the past week.

其他數字資產也面臨逆風。 Solana ETP的流出量為180萬美元，而SUI產品的流出量為470萬美元。儘管過去一周中分別獲得260萬美元和340萬美元的次要流入，但多資產和短幣產品的年度流出分別為1.44億美元和2600萬美元。

Grayscale Leads with the Biggest Losses in ETPs

灰度領先於ETP中最大的損失

Among fund providers, Grayscale Investments encountered the largest losses with its ETPs reporting weekly outflows of $95 million. This move pushed Grayscale’s total year-to-date withdrawals to $1.4 billion, the highest among all issuers tracked by CoinShares.

在基金提供商中，灰度投資遇到了最大的損失，其ETP的報告每週外出匯率為9500萬美元。此舉將Grayscale的年總撤回率提高到14億美元，這是Coinshares追踪的所有發行人中最高的。

In contrast, iShares ETFs by BlackRock saw outflows of $56 million last week but lead the industry with $3.2 billion in inflows since January. ProShares and ARK Invest also remained in positive territory, reporting year-to-date inflows of $398 million and $146 million respectively.

相比之下，貝萊德（Blackrock）的iShares ETF上周流出了5600萬美元，但自一月以來以32億美元的流入為行業。 Proshares和Ark Invest也保持在積極的領域，報告年度至今分別為3.98億美元和1.46億美元。

Regionally, most of the pullback came from the United States and Germany, which together accounted for outflows of $227.7 million—$210 million from the U.S. and $17.7 million from Germany. But not everyone followed the retreat. In Canada, investors took the downturn as a signal to buy, contributing inflows of $4.8 million during the same week.

在區域上，大部分回調來自美國和德國，這些次數總計佔2.277億美元的流出，來自美國的2.1億美元，來自德國的1770萬美元。但是並不是每個人都遵循撤退。在加拿大，投資者以低迷的方式作為購買信號，同一周貢獻了480萬美元的流入。