數位資產投資產品資金外流，山寨幣在投資者謹慎中飆升

上週，由於投資者猶豫不決，數位資產投資產品出現了 1.26 億美元的小幅流出。此前一段時期內資金流入最近達到 138 億美元的峰值。美國的資金流出量最大，而德國的資金流入量為 2,900 萬美元。 Decentraland、Basic Attention Token 和 LIDO 等山寨幣吸引了資金流入，而比特幣和以太坊則面臨資金流出。

Digital Asset Investment Products Experience Outflows Amidst Investor Hesitancy, Altcoins Flourish

投資者猶豫不決，數位資產投資產品資金外流，山寨幣蓬勃發展

Despite a resurgence in trading volumes, digital asset investment products have registered a modest outflow of $126 million last week, signaling a shift in investor sentiment. This reluctance stems from a recent stall in positive price trends, with key indicators such as ETP/ETF activity declining relative to the overall market.

儘管交易量回升，但數位資產投資產品上週仍小幅流出 1.26 億美元，顯示投資者情緒發生轉變。這種不情願源自於最近積極的價格趨勢停滯，ETP/ETF 活動等關鍵指標相對於整體市場有所下降。

In the past month, ETP/ETFs accounted for a significant 40% of total volumes on reputable exchanges. However, last week, their representation dwindled to only 31%, reflecting a cautious approach among investors. This latest setback follows a week of record-breaking inflows for digital asset investment products, reaching a peak of $13.8 billion year-to-date, surpassing the $10.6 billion mark set in 2021.

過去一個月，ETP/ETF 佔知名交易所總交易量的 40%。然而，上週，他們的比例下降至僅 31%，反映出投資者的謹慎態度。在這一最新挫折之前，數位資產投資產品的流入量在一周內創下了創紀錄的紀錄，今年迄今達到了 138 億美元的峰值，超過了 2021 年創下的 106 億美元大關。

Regionally, the United States has been the most affected by outflows, experiencing a loss of $145 million. Canada and Switzerland followed suit with outflows of $6 million and $5.7 million, respectively. Sweden also witnessed outflows of $0.52 million over the same period.

從地區來看，美國受資金外流影響最嚴重，損失達 1.45 億美元。加拿大和瑞士緊隨其後，分別流出 600 萬美元和 570 萬美元。瑞典同期也出現了 52 萬美元的資金外流。

However, not all regions have succumbed to bearish sentiment. Investors in Germany have seized the opportunity presented by recent price declines, resulting in inflows of $29 million last week. Brazil and Australia have also remained bullish, settling with weekly inflows of $3 million and $1.6 million, respectively.

然而，並非所有地區都屈服於看跌情緒。德國投資者抓住近期價格下跌帶來的機會，上週資金流入 2,900 萬美元。巴西和澳洲也依然看漲，每週流入資金分別為 300 萬美元和 160 萬美元。

Bitcoin, the flagship cryptocurrency, has faced outflows amounting to $110 million, but it has still maintained positive inflows of $555 million for the month. Short-bitcoin strategies, after a three-week streak of outflows, have recorded minor inflows of $1.7 million, potentially capitalizing on the recent price dips.

旗艦加密貨幣比特幣面臨1.1億美元的資金流出，但本月仍維持5.55億美元的正流入。在連續三週的資金流出之後，做空比特幣策略已錄得 170 萬美元的小幅流入，可能會利用近期的價格下跌。

Ethereum (ETH), on the other hand, has been the hardest hit, experiencing outflows totaling $29 million last week, marking its fifth consecutive week of withdrawals. Solana investment products have also witnessed outflows of $3.6 million during the same period.

另一方面，以太坊 (ETH) 受到的打擊最為嚴重，上週資金流出總額達 2900 萬美元，已連續第五週出現提款。在同一時期，Solana 投資產品也出現了 360 萬美元的資金流出。

In contrast to the setbacks faced by Bitcoin and Ethereum, altcoins have enjoyed a successful week. CoinShares' list features "esoteric names" such as Decentraland, Basic Attention Token, and LIDO, which have attracted inflows of $4.9 million, $2.9 million, and $1.8 million, respectively.

與比特幣和以太坊面臨的挫折相比，山寨幣經歷了成功的一周。 CoinShares 的名單中包含 Decentraland、Basic Attention Token 和 LIDO 等“深奧的名字”，這些名字分別吸引了 490 萬美元、290 萬美元和 180 萬美元的資金流入。

Established altcoins such as Litecoin, Polkadot, and XRP have also noted inflows of $1.6 million, $0.8 million, and $0.3 million, respectively, over the past week.

Litecoin、Polkadot 和 XRP 等老牌山寨幣在過去一周也分別有 160 萬美元、80 萬美元和 30 萬美元的流入。

This divergence in investor sentiment highlights the inherent volatility of the digital asset market. While market dynamics can shift rapidly, the underlying fundamentals of blockchain technology continue to attract long-term believers who are undeterred by short-term fluctuations.

投資者情緒的這種差異凸顯了數位資產市場固有的波動性。儘管市場動態可能迅速變化，但區塊鏈技術的基本面繼續吸引著不受短期波動影響的長期信徒。

As the ecosystem evolves, it is crucial for investors to exercise due diligence, stay informed about market trends, and diversify their portfolios to mitigate risk and maximize returns.

隨著生態系統的發展，投資者進行盡職調查、隨時了解市場趨勢並實現投資組合多元化以降低風險並最大化回報至關重要。