在 iShares Bitcoin Trust 的帶動下，現貨比特幣 ETF 資金流入創歷史新高

現貨比特幣 ETF 的淨流入激增，其中貝萊德的 iShares 比特幣信託 (IBIT) 領先，累計流入 139 億美元。其他大量資金流入來自 Fidelity 的 FBTC（75 億美元）。相反，由於費用較高以及投資者對信譽良好的公司的偏好，Grayscale 的 GBTC 經歷了 147 億美元的大規模流出。在 DEFI ETF 轉換為現貨比特幣 ETF 後，所有 SEC 批准的現貨比特幣 ETF 現已投入營運。產業專家預測未來幾年資金將持續流入。

Spot Bitcoin ETFs Witness Record Inflows, iShares Bitcoin Trust Leads the Surge

現貨比特幣 ETF 見證創紀錄的資金流入，iShares 比特幣信託引領飆升

Since their inception in January 2024, spot bitcoin exchange-traded funds (ETFs) have witnessed astronomical inflows, signaling a robust demand for regulated and accessible investment vehicles in the cryptocurrency market.

自 2024 年 1 月推出以來，現貨比特幣交易所交易基金 (ETF) 見證了天文數字的資金流入，這表明加密貨幣市場對受監管和可訪問的投資工具的強勁需求。

Blackrock's iShares Bitcoin Trust (IBIT), launched on January 11, 2024, has emerged as the clear frontrunner, attracting an impressive $13.9 billion in inflows within a mere two and a half months. This influx has propelled IBIT to become the fastest-growing ETF in the history of the industry, according to Blackrock CEO Larry Fink.

貝萊德 (Blackrock) 於 2024 年 1 月 11 日推出的 iShares 比特幣信託 (IBIT) 已成為明顯的領跑者，在短短兩個半月內吸引了令人印象深刻的 139 億美元資金流入。貝萊德執行長 Larry Fink 表示，這種湧入推動 IBIT 成為該行業歷史上成長最快的 ETF。

In contrast to the inflows witnessed by spot bitcoin ETFs, Grayscale's Bitcoin Trust (GBTC), a long-standing investment vehicle tracking bitcoin prices, has endured significant outflows amounting to $14.7 billion during the same period. Experts attribute this exodus to the relatively higher fees associated with GBTC and the preference of investors for offerings from well-established firms.

與現貨比特幣 ETF 的資金流入形成鮮明對比的是，Grayscale 的比特幣信託基金 (GBTC)（一種追蹤比特幣價格的長期投資工具）在同一時期經歷了高達 147 億美元的大幅流出。專家將這種資金外流歸因於 GBTC 相關費用相對較高，以及投資者更喜歡知名公司的產品。

Fidelity's Wise Origin Bitcoin Trust (FBTC) has emerged as the only other spot bitcoin ETF to come close to matching the inflows of IBIT, garnering $7.5 billion thus far. Other notable spot bitcoin ETFs include ARK 21Shares Bitcoin ETF (ARKB) with $2.3 billion in inflows, Bitwise Bitcoin ETF (BITB) with $1.6 billion, Valkyrie Bitcoin Fund (BRRR) with $452 million, VanEck Bitcoin Trust (HODL) with $439 million, Franklin Bitcoin ETF (EZBC) with $277.9 million, Invesco Galaxy Bitcoin ETF (BTCO) with $227.3 million, and WisdomTree Bitcoin Fund (BTCW) with $60 million.

富達 (Fidelity) 的 Wise Origin Bitcoin Trust (FBTC) 已成為唯一一隻接近 IBIT 流入量的現貨比特幣 ETF，迄今已獲得 75 億美元的資金。其他著名的現貨比特幣ETF 包括流入23 億美元的ARK 21Shares 比特幣ETF (ARKB)、流入16 億美元的Bitwise 比特幣ETF (BITB)、流入4.52 億美元的Valkyrie 比特幣基金(BRRR)、流入4.39億美元的VanEck Bitcoin Trust (HODL)、Franklin比特幣 ETF (EZBC) 為 2.779 億美元，Invesco Galaxy 比特幣 ETF (BTCO) 為 2.273 億美元，WisdomTree 比特幣基金 (BTCW) 為 6,000 萬美元。

Notably, Hashdex's Bitcoin ETF (DEFI) initially traded as a bitcoin futures ETF before transitioning to a spot bitcoin ETF on March 27, 2024, making it the eleventh spot bitcoin ETF to receive SEC approval.

值得注意的是，Hashdex 的比特幣ETF (DEFI) 最初​​作為比特幣期貨ETF 進行交易，然後於2024 年3 月27 日轉變為現貨比特幣ETF，使其成為第11 個獲得SEC 批准的現貨比特幣ETF。

Future Prospects of Spot Bitcoin ETFs

現貨比特幣ETF的未來前景

Industry experts believe that the inflows into spot bitcoin ETFs will continue unabated in the years to come, echoing a persistent demand for long-term exposure to bitcoin. Matt Hougan, Chief Investment Officer at Bitwise, opines that the majority of professional investors still lack access to bitcoin ETFs, a situation expected to change gradually through individual due diligence processes.

產業專家認為，未來幾年，流入現貨比特幣 ETF 的資金將持續有增無減，反映出對長期持有比特幣的持續需求。 Bitwise 首席投資長 Matt Hougan 認為，大多數專業投資者仍無法獲得比特幣 ETF，這種情況預計將透過個人盡職調查流程逐漸改變。

The surge in spot bitcoin ETF inflows has had a positive impact on the underlying bitcoin price (BTC), which has experienced a notable 67% increase year-to-date. Anticipation is high for further price gains in the later part of the year, driven by the upcoming halving event and the rapid development of layer-two Bitcoin networks, which strive to restore the technological innovations occurring elsewhere in the crypto realm to Bitcoin, the world's largest cryptocurrency by market capitalization.

現貨比特幣 ETF 資金流入的激增對基礎比特幣價格 (BTC) 產生了積極影響，今年迄今為止，比特幣價格已大幅上漲 67%。在即將到來的減半事件和第二層比特幣網路的快速發展的推動下，人們對今年下半年價格進一步上漲的預期很高，該網路致力於將加密領域其他地方發生的技術創新恢復到比特幣上。以市值計算最大的加密貨幣。