比特幣 ETF 的潮流正在轉變嗎？富達在資金流入競賽中擊敗貝萊德

Is the Tide Turning for Bitcoin ETFs?

比特幣 ETF 的潮流正在轉變嗎？

After a week of hefty outflows, Bitcoin ETFs have found their footing again, with net inflows trickling back in as of March 25th. Surprisingly, Fidelity's FBTC ETF stole the show, raking in $261 million in inflows, overshadowing BlackRock's IBIT, which managed a modest $35 million.

經過一週的大量資金流出後，比特幣 ETF 再次站穩腳跟，截至 3 月 25 日，淨流入逐漸回升。令人驚訝的是，富達 (Fidelity) 的 FBTC ETF 出盡風頭，吸引了 2.61 億美元的資金流入，令貝萊德 (BlackRock) 的 IBIT 黯然失色，後者管理著 3500 萬美元的資金。

Fidelity Beats BlackRock at the Inflows Game

富達在資金流入遊戲中擊敗貝萊德

Monday marked a triumphant day for Fidelity, with its FBTC ETF emerging as the clear winner. BlackRock's IBIT, on the other hand, elicited a lukewarm response, bringing in a mere fraction of FBTC's inflows.

週一是富達的勝利日，其 FBTC ETF 成為明顯的贏家。另一方面，貝萊德的 IBIT 卻引起了冷淡的反應，只帶來了 FBTC 資金流入的一小部分。

Grayscale's Outflows: A Blip on the Radar?

灰度的資金流出：雷達上的一個亮點？

Meanwhile, Grayscale's Bitcoin ETF (GBTC) continues to experience hefty outflows, with a whopping $350 million exiting on Monday. However, market analysts predict a slowdown in these outflows.

與此同時，Grayscale 的比特幣 ETF (GBTC) 繼續出現大量資金流出，週一流出金額高達 3.5 億美元。然而，市場分析師預測這些資金外流將會放緩。

Behind the Grayscale Outflows: A Shady Deal?

灰階資金外流背後：不正當交易？

Bloomberg strategist James Seyffart has a theory: the outflows could be linked to the bankruptcy proceedings of Gemini and Genesis, with both companies selling their GBTC shares. Seyffart suggests that there may have been self-serving motives behind liquidating these positions at net asset value (NAV).

彭博社策略師 James Seyffart 有一個理論：資金外流可能與 Gemini 和 Genesis 的破產程序有關，兩家公司都出售了 GBTC 股票。 Seyffart 認為，以資產淨值 (NAV) 清算這些部位背後可能存在自私動機。

Banks Jump on the BTC ETF Bandwagon

銀行紛紛加入 BTC ETF 行列

In a promising sign, QCP Capital reports that major banks' wealth desks are seeing a surge in requests from clients for Bitcoin spot ETFs. Accumulators and FCNs (Financial Contracts for Differences) are also in high demand.

QCP Capital 報告稱，主要銀行的財富櫃檯發現客戶對比特幣現貨 ETF 的需求激增，這是一個有希望的跡象。累加器和 FCN（差價金融合約）的需求也很高。

Institutional Investors Cozy Up to Crypto

機構投資者熱衷於加密貨幣

The growing appetite for BTC spot ETFs signals a shift in investor sentiment, as traditional financial instruments provide exposure to Bitcoin. Asset managers are also diversifying their portfolios by allocating funds to BTC, highlighting its recognition as an alternative asset class.

對 BTC 現貨 ETF 的興趣日益增長，標誌著投資者情緒的轉變，因為傳統金融工具提供了比特幣風險。資產管理公司也透過將資金分配給比特幣來實現投資組合多元化，突顯其作為另類資產類別的認可。

SEC to Shed Light on Bitcoin ETF Holdings

美國證券交易委員會 (SEC) 公佈比特幣 ETF 持股情況

Next week, institutional investment managers will unveil their Bitcoin ETF holdings in their 13F filings with the SEC. This will give us a glimpse into who's buying and holding.

下週，機構投資經理將在向 SEC 提交的 13F 文件中公佈其持有的比特幣 ETF。這將使我們了解誰在購買和持有。

Bitcoin Bounces Back

比特幣反彈

Amid the positive ETF inflows, Bitcoin's price rebounded, surpassing $70,000 on Monday. At the time of writing, BTC is trading at $70,533, a healthy 5.5% increase.

在 ETF 資金積極流入的情況下，比特幣價格反彈，週一突破 7 萬美元。截至撰寫本文時，BTC 交易價格為 70,533 美元，健康上漲 5.5%。