市場動盪之際，Ark Invest 比特幣 ETF 資金流出激增

Cathie Wood 的Ark 21 Shares 比特幣ETF (ARKB) 的資金流出不斷升級，4 月16 日資金流出總額為1,290 萬美元，17 日資金流出總額為4,270 萬美元，這是自本月開始以來連續第一天出現資金流出。比特幣 ETF 市場出現更廣泛的資金流出趨勢，昨天資金流出總額達到 1.65 億美元，主要是由 GBTC 的 1.331 億美元資金流出推動。

Accelerating Outflows from Ark Invest's Bitcoin ETF Raise Concerns Amidst Market Turbulence

Ark Invest 比特幣 ETF 加速流出引發市場動盪之際的擔憂

New York, April 18, 2024 - While the cryptocurrency community eagerly anticipates a potential "flippening" in the world of Bitcoin exchange-traded funds (ETFs), a different ETF has sent shockwaves through the industry with its accelerating outflows.

紐約，2024 年 4 月 18 日 - 儘管加密貨幣社區熱切期待比特幣交易所交易基金 (ETF) 領域可能出現“翻轉”，但另一種 ETF 的資金外流加速，給整個行業帶來了衝擊波。

Ark Invest's Ark 21 Shares Bitcoin ETF (ARKB) has experienced two consecutive days of outflows for the first time since the start of the month, signaling a shift in investor sentiment towards Bitcoin. On April 16th, the fund witnessed $12.9 million in outflows, followed by a substantial $42.7 million exodus on April 17th.

Ark Invest 的 Ark 21 Shares Bitcoin ETF (ARKB) 自本月初以來首次出現連續兩天資金流出，顯示投資者情緒轉向比特幣。 4 月 16 日，該基金出現 1,290 萬美元的資金外流，隨後於 4 月 17 日出現 4,270 萬美元的大幅外流。

According to data from the 21 Shares website, ARKB currently manages $2.7 billion in assets, with an impressive year-to-date return of 37.08%. This growth has largely mirrored Bitcoin's price appreciation, which has surged from around $42,000 at the beginning of the year to its current level hovering around $63,000.

根據21 Shares網站的數據，ARKB目前管理著27億美元的資產，年初至今的回報率高達37.08%，令人印象深刻。這種增長在很大程度上反映了比特幣價格的升值，比特幣價格已從年初的 42,000 美元左右飆升至目前徘徊在 63,000 美元左右的水平。

ARKB's outflows echo a broader trend in the Bitcoin ETF market, which has witnessed a significant decline in net inflows since the start of last week. Total net outflows reached a staggering $165 million yesterday, with Grayscale's GBTC accounting for a lion's share of the exodus, experiencing outflows of $133.1 million.

ARKB 的資金流出反映了比特幣 ETF 市場的整體趨勢，自上週初以來，比特幣 ETF 市場的淨流入量大幅下降。昨天，淨流出總額達到驚人的 1.65 億美元，其中 Grayscale 的 GBTC 佔流出量的最大份額，流出額為 1.331 億美元。

Inflows into BlackRock's IBIT have also slowed down, with only $18.1 million entering the fund yesterday. This has raised concerns among analysts, who fear that IBIT may not overtake GBTC in assets under management by the end of the month, as previously predicted by Bloomberg Intelligence analyst Eric Balchunas.

流入貝萊德 IBIT 的資金也有所放緩，昨天僅有 1,810 萬美元流入該基金。這引起了分析師的擔憂，他們擔心，正如 Bloomberg Intelligence 分析師 Eric Balchunas 先前預測的那樣，到本月底，IBIT 管理的資產規模可能不會超過 GBTC。

Grayscale CEO Michael Sonnenshein recently suggested that outflows from GBTC had reached a "bit of an equilibrium," attributing the initial outflows to selling pressure linked to the bankruptcies of FTX and other crypto companies. However, the recent outflows from ARKB indicate a broader shift in investor sentiment than previously anticipated.

Grayscale 執行長 Michael Sonnenshein 最近表示，GBTC 的資金流出已達到“某種程度的平衡”，並將最初的資金流出歸因於 FTX 和其他加密貨幣公司破產帶來的拋售壓力。然而，近期 ARKB 的資金流出顯示投資者情緒的轉變比之前預期的更為廣泛。

ARKB's outflows coincide with Ark Invest facing declining market share in the U.S. ETF market. Over the past year, Ark's ETFs have experienced outflows of $2.7 billion, with $1.8 billion leaving its funds in the first three months of 2024.

ARKB 的資金流出恰逢 Ark Invest 在美國 ETF 市佔率下降的情況。在過去的一年裡，Ark 的 ETF 經歷了 27 億美元的資金流出，其中 18 億美元在 2024 年前三個月離開了其基金。

In a bid to regain momentum, the firm recently launched its first European ETFs, Ark Innovation UCITS ETF (ARKK), Ark Genomic Revolution UCITS ETF (ARKG), and Ark Artificial Intelligence & Robots UCITS ETF (ARKI).

為了重拾勢頭，該公司最近推出了首個歐洲 ETF：方舟創新 UCITS ETF (ARKK)、方舟基因組革命 UCITS ETF (ARKG) 和方舟人工智慧與機器人 UCITS ETF (ARKI)。

"Over the past decade, a substantial portion of our website traffic, subscriber base, inbound requests, and social media traffic have come from people in Europe," Wood said in a statement about the launch of the European funds, "a clear signal of the strong interest and demand for Ark’s investment strategies within the European market."

伍德在關於歐洲基金啟動的聲明中表示：「在過去的十年中，我們的網站流量、用戶群、入站請求和社交媒體流量的很大一部分都來自歐洲人。」歐洲市場對方舟投資策略的濃厚興趣和需求。

Analysts remain divided on the implications of the outflows from ARKB. Some argue that it is a short-term reaction to market volatility, while others believe it reflects a waning interest in Bitcoin ETFs.

分析師對於 ARKB 資金流出的影響仍存在分歧。有些人認為這是對市場波動的短期反應，而有些人則認為這反映了人們對比特幣 ETF 的興趣減弱。

One analyst, who wished to remain anonymous, commented, "These outflows are a warning sign that investors are growing cautious about Bitcoin ETFs. They are seeking safer havens for their money during this period of uncertainty."

一位不願透露姓名的分析師評論道：「這些資金外流是一個警告信號，表明投資者對比特幣ETF 越來越謹慎。在這個不確定的時期，他們正在為自己的資金尋找更安全的避風港。

Another analyst, however, expressed optimism, saying, "ARKB's outflows are likely a temporary blip. Bitcoin remains a strong investment with long-term growth potential. Investors who stay the course will be rewarded in the end."

然而，另一位分析師表示樂觀，他表示，“ARKB 的資金外流可能只是暫時現象。比特幣仍然是一項具有長期增長潛力的強大投資。堅持到底的投資者最終將獲得回報。”

As the cryptocurrency market continues to navigate turbulent waters, the outflows from ARKB will undoubtedly intensify scrutiny of Bitcoin ETFs. Investors are advised to carefully evaluate their investment decisions and seek professional guidance if necessary.

隨著加密貨幣市場繼續在動盪的水域中航行，ARKB的資金流出無疑將加劇對比特幣ETF的審查。建議投資人仔細評估自己的投資決策，必要時尋求專業指導。