比特币 (BTC) 评论家 Peter Schiff 质疑现货 ETF 对市场的影响

经济学家兼比特币/美元坚定评论家 Peter Schiff 再次买入与该数字资产相关的现货 ETF。

Prolific Economist and gold enthusiast Peter Schiff has once again taken aim at spot ETFs linked to Bitcoin (CRYPTO: BTC), questioning their impact on the digital asset's price movement.

多产经济学家和黄金爱好者 Peter Schiff 再次瞄准与比特币（CRYPTO：BTC）相关的现货 ETF，质疑它们对数字资产价格走势的影响。

What Happened: On Tuesday, Schiff took to Meta (NASDAQ:META) Platforms' X, a service formerly known as Twitter, to highlight that despite 11 spot Bitcoin ETFs buying the asset, Bitcoin has traded sideways for over three months.

发生了什么：周二，Schiff 在 Meta (NASDAQ:META) Platforms 的 X（一项以前称为 Twitter 的服务）上强调，尽管有 11 只现货比特币 ETF 购买了该资产，但比特币已经横盘交易了三个多月。

"The current price is 11% below the March high. If ETF buyers are buying, what is causing sell pressure on Bitcoin? What happens when ETF buyers get tired of waiting and become sellers too?" he questioned.

“目前的价格比 3 月份高点低 11%。如果 ETF 买家正在买入，那么是什么导致了比特币的抛售压力？当 ETF 买家厌倦了等待并也成为卖家时会发生什么？”他问道。

Well-known cryptocurrency analyst James Van Straten countered Schiff's arguments by linking the ongoing downturn in Bitcoin market to basis trading, a market-neutral strategy that uses the difference between the spot price and the futures contract price of an asset.

著名加密货币分析师 James Van Straten 反驳了 Schiff 的观点，他将比特币市场的持续低迷与基差交易联系起来，基差交易是一种利用资产现货价格与期货合约价格之间差异的市场中性策略。

He further explained that Bitcoin's average realized price was in the $50,000 zone, higher than what it was during ETF launch. "ETF buyers are in healthy profit," Van Straten asserted.

他进一步解释说，比特币的平均实现价格位于 50,000 美元区域，高于 ETF 推出期间的价格。 “ETF 买家获得了可观的利润，”Van Straten 断言。

Schiff's comments come just a week after he warned that reliance on institutional ETF buying to drive up Bitcoin prices could lead to market instability.

希夫发表此番言论的一周前，他曾警告称，依靠机构 ETF 购买来推高比特币价格可能会导致市场不稳定。

Prior to this, he used the excitement around Ethereum (CRYPTO: ETH) spot ETF approvals to question the future of Bitcoin, suggesting that any funds used to buy new Ether ETFs would likely come from existing Bitcoin ETFs.

在此之前，他利用以太坊（CRYPTO：ETH）现货 ETF 批准的兴奋来质疑比特币的未来，暗示用于购买新以太坊 ETF 的任何资金都可能来自现有的比特币 ETF。