比特币（BTC）和以太坊（ETH）现货ETF将不间断的资金流入延续至新纪录

ETH 交易所交易基金 (ETF) 的不间断资金流入创下新纪录，突显出继本周加密货币和传统市场的动荡之后，对投资工具的持续需求。

U.S.-listed spot bitcoin exchange-traded funds (ETFs) have extended their record-breaking streak of daily net inflows, highlighting sustained demand for the investment vehicles following this week's jitters across both cryptocurrencies and traditional markets.

美国上市的现货比特币交易所交易基金（ETF）延续了创纪录的每日净流入记录，突显出在本周加密货币和传统市场的动荡之后，对投资工具的持续需求。

For 15 consecutive days excluding weekends, the spot BTC ETFs trading in the U.S. have racked up daily net flows (the difference between inflows and outflows) averaging $448.5 million, data from SoSoValue shows.

SoSoValue 的数据显示，连续 15 天（不包括周末）在美国进行的现货 BTC ETF 交易每日净流量（流入与流出之间的差额）平均达到 4.485 亿美元。

Wayne Vaughan, CEO of blockchain tech firm Tierion, said on Thursday that BlackRock's spot bitcoin ETF, trading under the ticker $IBIT, is expected to surpass the SPDR Gold Shares ETF ($GLD) “within weeks.”

区块链技术公司 Tierion 首席执行官 Wayne Vaughan 周四表示，贝莱德的现货比特币 ETF（交易代码为 $IBIT）预计将在“几周内”超过 SPDR 黄金股 ETF ($GLD)。

“Bitcoin is overtaking gold faster than anyone expected,” Vaughan said.

“比特币超越黄金的速度比任何人预期的都要快，”沃恩说。

Eric Balchunas, senior ETF analyst at Bloomberg, wrote on Friday that it's a “near lock that $IBIT passes $GLD as the king of store of value ETFs.”

彭博社高级 ETF 分析师埃里克·巴尔丘纳斯 (Eric Balchunas) 周五写道，“$IBIT 几乎肯定会超过 $GLD，成为价值储存 ETF 之王。”

The $IBIT fund currently has 78% of $GLD's assets, according to Balchunas.

据 Balchunas 称，$IBIT 基金目前拥有 $GLD 资产的 78%。

The record streak for spot BTC ETFs comes as bitcoin mining firm MARA Holdings revealed on Thursday that it acquired 15,574 BTC for roughly $1.5 billion at $98,529 per bitcoin, with plans to acquire more.

比特币挖矿公司 MARA Holdings 周四透露，该公司以约 15 亿美元的价格收购了 15,574 枚 BTC，每股 98,529 美元，并计划收购更多。

The company paid for the cryptocurrency using the proceeds from its $1.9 billion raise last month and in December from selling 0% convertible notes. According to a Wednesday filing with the U.S. Securities and Exchange Commission, MARA Holdings has 44,394 BTC, worth $4.4 billion at the current price.

该公司使用上个月筹集的 19 亿美元资金以及去年 12 月出售 0% 可转换票据的收益来支付加密货币的费用。根据周三向美国证券交易委员会提交的文件，MARA Holdings 拥有 44,394 枚比特币，按当前价格计算价值 44 亿美元。

The demand for bitcoin continues to rise as shown by the activity of accumulator addresses, or investors who buy bitcoin and have never sold, according to blockchain analytics firm CryptoQuant, in a report published Thursday.

区块链分析公司 CryptoQuant 在周四发布的一份报告中表示，从累加器地址或购买比特币但从未出售过的投资者的活动来看，对比特币的需求持续上升。

“The balance of accumulator addresses is expanding at a record-high monthly rate of 495K Bitcoin,” according to CryptoQuant.

据 CryptoQuant 称，“累加器地址的余额正在以创纪录的每月 49.5 万比特币的速度增长”。

CryptoQuant added that the demand has been predicated partly on expectations for a favorable regulatory environment when former President Donald Trump returns to the White House early next year.

CryptoQuant 补充说，这种需求部分是基于对前总统唐纳德·特朗普明年初重返白宫时对有利监管环境的预期。

Trump has affirmed his support for a U.S. government reserve of BTC, but states are also moving to stockpile the cryptocurrency.

特朗普已确认支持美国政府储备比特币，但各州也在采取行动储存这种加密货币。

Ohio state representative Derek Merrin on Tuesday introduced the Ohio Bitcoin Reserve Act, which aims to establish a BTC fund in the state treasury, according to the politician's tweet on Tuesday.

根据周二发布的推文，俄亥俄州代表德里克·梅林 (Derek Merrin) 周二推出了《俄亥俄州比特币储备法案》，该法案旨在在国库中建立一个比特币基金。

The extra demand has shrunken the supply of bitcoin easily available for sale to the lowest since October 2020.

额外的需求使易于出售的比特币供应量减少至 2020 年 10 月以来的最低水平。

“Total sell-side liquidity is 3.397 million bitcoin today, the lowest level in more than four years,” according to CryptoQuant. “This includes bitcoin on exchanges, miners, OTC desks and GBTC.”

CryptoQuant 表示：“目前卖方流动性总额为 339.7 万比特币，这是四年多来的最低水平。” “这包括交易所、矿工、OTC 柜台和 GBTC 上的比特币。”

Over-the-counter desks are witnessing their largest monthly reduction in bitcoin inventory this year so far, the report added.

报告补充说，场外交易柜台的比特币库存正经历今年迄今为止最大的月度减少。

The current sell-side inventory can cover BTC demand for 6.6 months, down from 41 months at the start of October.

目前卖方库存可以满足 6.6 个月的 BTC 需求，低于 10 月初的 41 个月。

”The amount of Bitcoin readily available for sale is shrinking even further relative to demand growth,” according to CryptoQuant.

CryptoQuant 表示：“相对于需求增长，可供出售的比特币数量正在进一步减少。”

Ethereum Spot ETFs on a Roll Too

以太坊现货 ETF 也在不断涌现

The nine spot Ethereum ETFs listed in the U.S. have had 18 straight days of net inflows. From Nov. 22 to Dec. 18, these spot ETH ETFs have had a total netflow of $2.4 billion, a stark contrast to negative readings that have predominated since the inception of the financial instruments, per SoSoValue.

在美国上市的9只现货以太坊ETF已连续18天净流入。根据 SoSoValue 的数据，从 11 月 22 日到 12 月 18 日，这些现货 ETH ETF 的总净流量为 24 亿美元，这与金融工具诞生以来一直占主导地位的负面读数形成鲜明对比。

Cumulative netflows of spot ETH ETFs flipped positive in November for the first time since their July launch.

现货 ETH ETF 的累计净流量在 11 月份出现自 7 月份推出以来首次出现正值。

In another sign of demand for ETH, World Liberty Financial, a DeFi project backed by Trump and his family members, has been actively transacting on the Ethereum parent chain.

对 ETH 需求的另一个迹象是，由特朗普及其家族成员支持的 DeFi 项目 World Liberty Financial 一直在以太坊母链上积极进行交易。

On the first day of spot ETH ETFs' streak, World Liberty Financial had a balance of roughly $24 million, and as of Thursday, the Trump-linked project has a balance of $79 million, a nearly 230% jump, per on-chain data firm Arkham Intelligence.

根据链上数据，在现货 ETH ETF 连续上涨的第一天，World Liberty Financial 的余额约为 2400 万美元，截至周四，与特朗普相关的项目的余额为 7900 万美元，增长了近 230%阿卡姆情报公司。

With ETH making up almost 68% of its total balance, World Liberty Financial also holds the Ethereum-based tokens wBTC, USDC, USDT, AAVE, LINK, ENA and ONDO, collectively exceeding $25 million.

ETH 占其总余额的近 68%，World Liberty Financial 还持有基于以太坊的代币 wBTC、USDC、USDT、AAVE、LINK、ENA 和 ONDO，总计超过 2500 万美元。

Markets Shed Value in the Last 24 Hours

市场在过去 24 小时内贬值

Despite the inflows for U.S.-listed spot BTC and ETH ETFs, the two cryptocurrencies have dropped in the last 24 hours. Bitcoin dipped 4.6% in the last 24 hours to trade below $97,000 on crypto exchange Binance, while ether dropped harder, slipping 8.5% in the same period to under $3,380 on

尽管美国上市的现货 BTC 和 ETH ETF 有资金流入，但这两种加密货币在过去 24 小时内仍然下跌。过去 24 小时内，加密货币交易所币安 (Binance) 上的比特币下跌 4.6%，跌破 97,000 美元，而以太坊跌幅更大，同期下跌 8.5%，跌破 3,380 美元。