比特幣佔據主導地位，數位資產投資產品連續第三週流入

由於投資人對美國鴿派貨幣政策的預期反應積極，數位資產投資產品連續第三週流入，資金總額達12億美元。

Digital asset investment products saw inflows for the third week in a row, with a total of $1.2 billion, as investors reacted to expectations of a dovish monetary policy in the United States.

由於投資者對美國鴿派貨幣政策的預期做出反應，數位資產投資產品連續第三週流入，資金總額達12億美元。

Despite the large inflows, trading volumes fell slightly by 3.1% week-over-week. Assets under management (AuM) increased by 6.2% over the past week.

儘管資金大量流入，交易量仍較上季小幅下降 3.1%。過去一週管理資產規模 (AuM) 成長 6.2%。

The inflows were concentrated in the United States and Switzerland, with digital asset products seeing inflows of $1.2 billion and $84 million, respectively, according to CoinShares. The inflows in Switzerland were the highest since mid-2022.

根據 CoinShares 的數據，資金流入主要集中在美國和瑞士，數位資產產品的資金流入分別為 12 億美元和 8,400 萬美元。瑞士的資金流入達到 2022 年中期以來的最高水準。

However, contrasting sentiment was observed in other regions, with Germany recording outflows of $21 million, and Brazil seeing $3 million in outflows.

然而，其他地區的情緒卻形成鮮明對比，德國的資金外流為 2,100 萬美元，巴西的資金外流為 300 萬美元。

Bitcoin Dominates Inflows as it Gains Traction

比特幣在資金流入中佔據主導地位，因為它獲得了牽引力

Bitcoin led the inflows with a massive $1 billion entering investment products. The positive sentiment surrounding Bitcoin also drove interest in short-bitcoin products, which saw inflows of $8.8 million. This reflects a hedging approach by investors looking to capitalize on both the upside and downside of Bitcoin’s price movements.

比特幣以 10 億美元的巨額資金進入投資產品，引領了資金流入。圍繞比特幣的正面情緒也帶動了人們對做空比特幣產品的興趣，該產品流入了 880 萬美元。這反映出投資者希望利用比特幣價格走勢的上行和下行的機會進行對沖。

Ethereum, which had been experiencing a five-week run of outflows, finally saw a positive shift, recording inflows of $87 million. This marks the first measurable inflows for Ethereum since early August, reflecting renewed investor confidence in the asset.

經歷了連續五週資金流出的以太坊終於出現了積極的轉變，錄得 8700 萬美元的流入。這標誌著自 8 月初以來以太坊首次出現可測量的資金流入，反映出投資者對該資產的信心重拾。

Among altcoins, sentiment remained mixed. Solana faced outflows amounting to $4.8 million, while Litecoin and XRP saw modest inflows of $2 million and $0.8 million, respectively. On the other hand, Binance and Stacks recorded outflows, with Binance seeing a withdrawal of $1.2 million and Stacks losing $0.9 million.

在山寨幣方面，市場情緒依然喜憂參半。 Solana 面臨 480 萬美元的資金流出，而萊特幣和 XRP 分別有 200 萬美元和 80 萬美元的適度流入。另一方面，Binance 和 Stacks 出現資金流出，其中 Binance 撤資 120 萬美元，Stacks 損失 90 萬美元。

The week’s inflows highlight a continued positive trend for digital asset investment products, especially Bitcoin and Ethereum, driven by expectations of favorable monetary policy and evolving investment options. However, regional sentiment remained divided, and altcoins experienced mixed reactions, indicating that investors are still discerning in their approach to the broader digital asset market.

本週的資金流入突顯了數位資產投資產品（尤其是比特幣和以太坊）在有利的貨幣政策和不斷變化的投資選擇預期的推動下持續呈現積極趨勢。然而，區域情緒仍然存在分歧，山寨幣的反應不一，顯示投資者在進入更廣泛的數位資產市場時仍然保持敏銳的洞察力。