ETF 跨越 1000 億美元的歷史里程碑

本週三，美國批准的 12 隻比特幣現貨 ETF 管理資產總計達到 1,005.5 億美元

U.S. spot ETFs just crossed a historic milestone by surpassing 100 billion dollars in assets under management on Wednesday, in a context of continuing Bitcoin rise. This strong institutional demand is propelling Bitcoin towards new record highs.

在比特幣持續上漲的背景下，週三美國現貨 ETF 管理資產規模突破 1,000 億美元，跨越了歷史性里程碑。這種強勁的機構需求正在推動比特幣創下新的紀錄高點。

Institutions Flock to Bitcoin ETFs

機構紛紛湧向比特幣 ETF

The twelve Bitcoin spot ETFs that were approved in the United States have now collectively reached 100.55 billion dollars in assets under management on Wednesday, which represents about 5.4% of Bitcoin’s total market capitalization.

週三，美國批准的 12 隻比特幣現貨 ETF 管理資產總額已達 1,005.5 億美元，約佔比特幣總市值的 5.4%。

BlackRock continues to overwhelmingly dominate the market with its IBIT fund that now totals 45.4 billion dollars in assets. Grayscale’s GBTC comes in second with 20.6 billion dollars.

貝萊德 (BlackRock) 憑藉其 IBIT 基金繼續以壓倒性優勢主導市場，目前資產總額達 454 億美元。 Grayscale 的 GBTC 以 206 億美元位居第二。

These ETFs are seeing strong investment flows, with 733.5 million dollars of net inflows on Wednesday, after 837.36 million the day before. BlackRock's IBIT fund continues to attract the majority of capital with 626.5 million dollars of new investments, while Fidelity's FBTC captured 133.9 million dollars.

這些 ETF 的投資流量強勁，週三淨流入 7.335 億美元，前一天淨流入 8.3736 億美元。貝萊德 (BlackRock) 的 IBIT 基金以 6.265 億美元的新投資繼續吸引大部分資金，而富達 (Fidelity) 的 FBTC 則吸引了 1.339 億美元的新投資。

The daily trading volume on these ETFs also remained high, reaching 5.09 billion dollars on Wednesday, in a slight decrease from the 5.71 billion dollars the day before.

這些ETF的每日交易量也維持在高位，週三達到50.9億美元，較前一天的57.1億美元略有下降。

Bitcoin Continues to Surge

比特幣持續飆升

This strong institutional demand is also pushing Bitcoin towards new record highs, with the cryptocurrency now trading around 98,000 dollars, up 3.8% over 24 hours.

這種強勁的機構需求也推動比特幣創下新高，目前該加密貨幣的交易價格約為 98,000 美元，24 小時內上漲 3.8%。

The growing involvement of traditional players is also confirmed with the announcement of MicroStrategy, which plans to raise 2.6 billion dollars to continue its Bitcoin acquisitions, after already buying 51,000 BTC last week at 88,617 dollars each.

MicroStrategy 宣布計劃籌集 26 億美元繼續收購比特幣，這也證實了傳統參與者的參與不斷增加，該公司上週以每枚 88,617 美元的價格購買了 51,000 枚比特幣。

The open interest on Bitcoin contracts has surged to 63 billion dollars, with a daily increase of 6 billion dollars, while implied volatility hits 60, suggesting possible significant price movements as the psychological threshold of 100,000 dollars approaches.

比特幣合約的未平倉合約已飆升至630億美元，每日增加60億美元，而隱含波動率則達到60，這表明隨著10萬美元的心理門檻逼近，價格可能會出現大幅波動。

In summary, this symbolic milestone of 100 billion dollars in assets under management for Bitcoin ETFs reflects the growing maturity of the crypto market and its accelerated adoption by institutional investors. The next challenge for Bitcoin will be to maintain this momentum while managing the inherent volatility related to profit-taking around record levels.

總而言之，比特幣 ETF 管理資產達到 1000 億美元這一具有像徵意義的里程碑反映了加密貨幣市場的日益成熟及其被機構投資者加速採用。比特幣的下一個挑戰將是保持這種勢頭，同時管理與創紀錄水平附近獲利回吐相關的固有波動性。