現貨比特幣 ETF 需求激增：持有量飆升至 50 萬 BTC

自 1 月推出以來，9 個新的現貨比特幣交易所交易基金 (ETF) 已累積了超過 50 萬枚比特幣 (BTC)，佔目前流通供應量的 2.54%。這些 ETF 吸引了大量資金流入，尤其是在周四，它們累積了 2.877 億美元的比特幣，在短短 54 個交易日內，其總持有量達到 350 億美元。

Surge in Appetite for Spot Bitcoin ETFs: Holdings Skyrocket to 500,000 BTC

對現貨比特幣 ETF 的需求激增：持有量飆升至 500,000 BTC

Since their inception in January, the nine spot Bitcoin exchange-traded funds (ETFs) have amassed a staggering 500,000 Bitcoin (BTC). This remarkable accumulation has propelled their holdings to an impressive 2.54% of the current circulating supply.

自 1 月成立以來，九隻現貨比特幣交易所交易基金 (ETF) 已累積了驚人的 50 萬枚比特幣 (BTC)。這種驚人的累積使他們的持有量達到了當前流通供應量的 2.54%，令人印象深刻。

Fueled by Thursday's substantial inflows, the nine ETFs added another $287.7 million in Bitcoin to their collective holdings, marking a significant milestone. This influx brings their total Bitcoin holdings to a substantial $35 billion value, achieved within a mere 54 trading days.

在周四大量資金流入的推動下，這 9 隻 ETF 的集體持有量又增加了 2.877 億美元的比特幣，這標誌著一個重要的里程碑。這一湧入使他們持有的比特幣總價值在短短 54 個交易日內達到了 350 億美元。

The ETF dominance in the Bitcoin market extends beyond the recent launches, with all U.S. spot Bitcoin funds, including Grayscale, now holding an aggregate 835,000 BTC. This constitutes a sizable 4% of the entire supply, underscoring the growing institutional interest in the leading cryptocurrency.

ETF 在比特幣市場的主導地位超出了最近推出的產品範圍，包括 Grayscale 在內的所有美國現貨比特幣基金目前總共持有 835,000 枚 BTC。這佔總供應量的 4%，凸顯了機構對領先加密貨幣日益增長的興趣。

The reversal of the outflow trend, which had persisted since March 18, is evident in the substantial $845 million in inflows recorded so far this week. On March 28 alone, inflows amounted to $183 million, with BlackRock's IBIT fund leading the charge with a significant $95 million inflow.

自 3 月 18 日以來一直持續的資金流出趨勢的逆轉，從本週迄今錄得的 8.45 億美元的巨額資金流入中可見一斑。光是 3 月 28 日，資金流入就達 1.83 億美元，其中貝萊德的 IBIT 基金以 9,500 萬美元的流入量位居榜首。

Fidelity and Bitwise followed suit with inflows of approximately $67 million each, while Ark 21Shares experienced a $27.6 million inflow, following a massive $200 million influx on Wednesday.

Fidelity 和 Bitwise 緊隨其後，各流入約 6,700 萬美元，而 Ark 21Shares 繼週三流入 2 億美元後，流入 2,760 萬美元。

Grayscale's GBTC, the once-dominant force in Bitcoin trusts, has witnessed a significant outflow of $105 million, its lowest level since March 12. This departure reflects the growing preference for spot ETFs, which provide real-time exposure to Bitcoin, unlike GBTC's previous trust structure.

Grayscale旗下的GBTC，曾經是比特幣信託的主導力量，目前已出現1.05億美元的大幅流出，為3月12日以來的最低水平。這種背離反映了人們對現貨ETF的日益青睞，現貨ETF提供了比特幣的即時敞口，與GBTC之前的不同信託結構。

In parallel developments, Bitwise has submitted an S-1 application to the Securities and Exchange Commission (SEC) for its spot Ethereum ETF. However, ETF analyst Eric Balchunas remains skeptical, assigning a pessimistic 25% likelihood of approval by May, with the possibility of further downgrades.

同時，Bitwise 已向美國證券交易委員會 (SEC) 提交了其現貨以太坊 ETF 的 S-1 申請。然而，ETF 分析師 Eric Balchunas 仍持懷疑態度，他悲觀地認為 5 月獲得批准的可能性為 25%，並有可能進一步下調評級。

The growing popularity of spot Bitcoin ETFs underscores the maturation of the cryptocurrency market and its increasing appeal among institutional investors. The continued inflows and accumulation of Bitcoin by these funds suggest a long-term bullish outlook for the leading digital asset.

現貨比特幣 ETF 的日益普及凸顯了加密貨幣市場的成熟及其對機構投資者日益增長的吸引力。這些基金對比特幣的持續流入和累積表明了這種領先數位資產的長期看漲前景。

As the SEC deliberates on Bitwise's Ethereum ETF application, the industry eagerly awaits a regulatory green light for the expansion of spot ETF offerings, further bolstering the accessibility and legitimacy of cryptocurrencies in the mainstream financial ecosystem.

隨著 SEC 審議 Bitwise 的以太坊 ETF 申請，業界熱切等待監管機構批准擴大現貨 ETF 產品，進一步增強加密貨幣在主流金融生態系統中的可及性和合法性。