隨著貝萊德的崛起，灰階比特幣信託資金外流引發了對主導地位的質疑

比特幣現貨ETF核准後，比特幣生態系統出現了大量資金流入，其中灰階比特幣信託基金（GBTC）主導了ETF市場。然而，GBTC 近期出現大幅資金流出，2024 年 3 月 21 日資金流出總額為 3.588 億美元，3 月 18 日資金流出總額為 6.42 億美元，引發了對看空資金流入的擔憂。

The Grayscale Bitcoin Trust Outflow: A Sign of Diminishing Dominance?

灰階比特幣信託流出：主導地位減弱的跡象？

Following the introduction of the Bitcoin spot ETF, billions of dollars have flooded into the Bitcoin ecosystem. Prominent providers such as GBTC, BlackRock, and others have emerged, with Grayscale leading the pack. However, recent data suggests a significant outflow from the GBTC ecosystem, raising questions about its continued dominance.

隨著比特幣現貨ETF的推出，數十億美元湧入比特幣生態系統。 GBTC、BlackRock 等知名提供者已經出現，其中 Grayscale 處於領先地位。然而，最近的數據顯示 GBTC 生態系統出現大量資金外流，引發了對其持續主導地位的質疑。

Is BlackRock Creeping Up on GBTC's Turf?

貝萊德悄悄蠶食 GBTC 的地盤嗎？

GBTC, despite its global footprint, has experienced a substantial outflow of funds in recent days. Notably, on March 21, 2024, the Grayscale Bitcoin Trust reported net outflows of $358.8 million, following a week-long outflow of $642 million. This raises eyebrows, as the ETF category boasts eleven players, including BlackRock, which has been steadily increasing its inflow.

儘管 GBTC 業務遍及全球，但最近幾天卻出現了大幅資金外流。值得注意的是，2024 年 3 月 21 日，灰階比特幣信託報告稱，繼一周流出 6.42 億美元之後，淨流出達 3.588 億美元。這引起了人們的關注，因為 ETF 類別擁有 11 家參與者，其中包括一直在穩步增加資金流入的貝萊德 (BlackRock)。

The Battle for ETF Supremacy: Who's Gaining Ground?

ETF 霸主之戰：誰在取得進展？

To paint a clearer picture, here's a breakdown of the Bitcoin ETF inflows for March 21, 2024:

為了更清楚地描繪出一幅圖景，以下是 2024 年 3 月 21 日比特幣 ETF 流入的明細：

• IBIT (BlackRock): $233.4 million
• FBTC: $2.9 million
• BITB: $12 million
• ARKB: $2 million
• BTCO: $4.2 million
• EZBC: $3.8 million
• BRRR: $4.7 million
• HODL: $1.8 million
• BTCW: $0 million
• GBTC: -$358.8 million

Is GBTC Losing Its Grip?

IBIT（貝萊德）：2.334億美元FBTC：290萬美元BITB：1200萬美元ARKB：200萬美元ARKB：200萬美元BTCO：420萬美元EZBC：380萬美元BRRR：470萬美元HODL：180萬美元BTCW：000萬美元GBTC：-3.588億美元GBTC正在失控嗎？

James Seyffart, a market observer, notes that GBTC has lost a staggering 42.3% of its shares since converting to an ETF. This raises concerns about the fund's appeal, especially considering BlackRock's growing presence in the market.

市場觀察家 James Seyffart 指出，自從轉換為 ETF 以來，GBTC 已損失了 42.3% 的驚人股份。這引發了對該基金吸引力的擔憂，特別是考慮到貝萊德在市場上的影響力不斷增強。

Other ETF Providers: A Quiet Ascent

其他 ETF 提供者：悄悄崛起

While BlackRock and GBTC dominate the headlines, other ETF providers are also gradually increasing their presence. In the past 24 hours, the total volume in the Bitcoin ETF category reached $4.80 billion, with a market capitalization of $56.81 billion.

儘管貝萊德和 GBTC 佔據了頭條新聞，但其他 ETF 供應商也在逐漸增加其影響力。過去24小時，比特幣ETF類別總成交量達48.0億美元，市值為568.1億美元。

Holdings Battles: Who Has the Lion's Share?

控股之戰：誰擁有最大的份額？

As of this writing:

截至撰寫本文時：

• Grayscale (GBTC) holds 350,281 Bitcoin
• BlackRock (IBIT) holds 242,816 Bitcoin
• Fidelity holds 135,742 Bitcoin
• Ark/21 Shares holds 40,213 Bitcoin
• Bitwise holds 30,036 Bitcoin
• Van Eck holds 8,112 Bitcoin
• Valkyrie holds 6,531 Bitcoin
• Invesco holds 5,049 Bitcoin

Other Market Movements

Grayscale (GBTC) 持有350,281 比特幣BlackRock (IBIT) 持有242,816 比特幣Fidelity 持有135,742 比特幣Ark/21 Shares 持有40,213 比特幣Bitwise 持有30,036 比特幣 Shares 持有40,213 比特幣Bitwise 持有30,036 比特幣 Shares 持有40,213 比特幣Bitwise 持有30,036 比特幣。比特幣Invesco 持有5,049 比特幣其他市場趨勢

• Estonia has enacted a bill requiring legal licensing for digital asset service providers.
• The United Nations has adopted a resolution on artificial intelligence, emphasizing the protection of human rights and personal data.
• Patrick McHenry suggests that the stablecoin bill is nearing readiness for a House vote, indicating bipartisan support for digital currency regulation.

Market Update: The Rollercoaster Continues

愛沙尼亞頒布法案，要求數位資產服務提供者獲得合法許可。聯合國通過人工智慧決議，強調保護人權和個人資料。派崔克麥克亨利表示，穩定幣法案已接近準備眾議院投票，顯示兩黨對數位貨幣監管的支援。市場更新：過山車仍在繼續

The crypto market remains volatile, with significant bullish and bearish swings in recent months. Market capitalization has plunged over 5% in the last 24 hours, standing at $2.41 trillion.

加密貨幣市場仍然波動，近幾個月出現顯著的看漲和看跌波動。過去 24 小時內，市值暴跌超過 5%，至 2.41 兆美元。

Bitcoin (BTC) has struggled to gain traction intraday, losing 4.41% of its value. Analysts attribute this to the ongoing investigation into the Ethereum foundation and the delayed approval of Ether ETFs. The regulatory green signal for Ethereum spot ETFs is expected in May 2024.

比特幣 (BTC) 盤中難以獲得牽引力，價值下跌 4.41%。分析師將此歸因於對以太坊基金會正在進行的調查以及以太坊 ETF 的延遲批准。以太坊現貨 ETF 的監管綠燈預計將於 2024 年 5 月發出。

Disclaimer

免責聲明

Views expressed in this article are for informational purposes only and do not constitute financial or investment advice.

本文所表達的觀點僅供參考，並不構成財務或投資建議。