隨著比特幣市場飆升，兆美元俱樂部押注加密貨幣

Bitwise CIO Matt Hougan 認為，一群擁有 100 兆美元財富的投資者正在開始投資比特幣和加密貨幣。一月份推出的現貨比特幣 ETF 使成熟的投資者更容易獲得這些資產，預計他們將在未來幾年向該領域配置大量資金。

Trillion-Dollar Cohort Eyes Crypto Exposure as Bitcoin Bull Market Rages

隨著比特幣牛市的肆虐，數兆美元的群體關注加密貨幣風險

Investment heavyweight Matt Hougan, CIO of Bitwise Asset Management, has unveiled a pivotal shift in the financial landscape: a consortium of investors wielding an unprecedented $100 trillion in assets is embarking on a foray into the realm of Bitcoin (BTC) and cryptocurrencies.

Bitwise 資產管理公司資訊長、投資重量級人物 Matt Hougan 公佈了金融格局的重大轉變：一個擁有前所未有的 100 兆美元資產的投資者財團正在進軍比特幣 (BTC) 和加密貨幣領域。

In a recent communique to investment professionals, Hougan, the driving force behind the launch of the first spot Bitcoin exchange-traded fund (ETF), paints a bullish picture, declaring that Bitcoin is riding a surge of market enthusiasm.

在最近向投資專業人士發布的一份公報中，推出首個現貨比特幣交易所交易基金（ETF）的推動者Hougan描繪了一幅看漲的圖景，宣稱比特幣正受到市場熱情高漲的推動。

The genesis of this newfound accessibility for deep-pocketed investors, according to Hougan, lies in the advent of spot BTC ETFs in January. These instruments have unlocked a gateway into the crypto realm, facilitating the participation of institutions previously constrained by regulatory hurdles.

Hougan 表示，這種為財力雄厚的投資者提供新管道的根源在於 1 月 BTC ETF 現貨的出現。這些工具打開了進入加密貨幣領域的大門，促進了先前受到監管障礙限制的機構的參與。

"These investors command vast resources—globally estimated at over $100 trillion—and are now dipping their toes into crypto," Hougan stated. "This influx is a gradual process with an estimated timeline of years, not months."

「這些投資者擁有大量資源——全球估計超過 100 兆美元——現在正在涉足加密貨幣領域，」Hougan 表示。 「這種湧入是一個漸進的過程，預計需要數年，而不是數月。”

The Bitcoin ETFs have garnered immense popularity, becoming "the most successful ETF launch of all time," buoyed by an impressive $12 billion in inflows within a mere three-month span.

比特幣 ETF 獲得了極大的歡迎，成為“有史以來最成功的 ETF 發行”，在短短三個月內就有 120 億美元的資金流入，令人印象深刻。

Despite this surge in interest, Hougan underscores that the $12 billion represents a mere fraction of the potential investment deluge that awaits.

儘管興趣激增，Hougan 強調，120 億美元只是未來潛在投資洪流的一小部分。

"Envision if global wealth managers dedicated a modest 1% of their portfolios to Bitcoin. It's not far-fetched: while past performance holds no guarantees for future outcomes, a 2.5% allocation to Bitcoin has consistently enhanced the risk-adjusted returns of a traditional 60/40 portfolio in every three-year period in Bitcoin's history," Hougan explains.

「想像一下，如果全球財富管理機構將其投資組合的1% 投入比特幣。這並不牽強：雖然過去的表現並不能保證未來的結果，但2.5% 的比特幣配置持續提高了傳統投資的風險調整回報率。比特幣歷史上每三年就有 60/40 的投資組合，」Hougan 解釋道。

"A uniform 1% allocation would translate to an influx of approximately $1 trillion. In comparison, the $12 billion in inflows to date is a mere down payment, with 99% of the potential investment yet to materialize."

「統一的 1% 分配將意味著大約 1 兆美元的流入。相比之下，迄今為止 120 億美元的流入只是首付款，99% 的潛在投資尚未實現。”

As of the time of reporting, Bitcoin's market valuation stands at $69,367, having experienced a 2% decline over the past 24 hours.

截至報告發佈時，比特幣的市場估值為 69,367 美元，在過去 24 小時內下跌了 2%。