比特币 ETF 投资由散户投资者和千禧一代主导

币安最新研究显示，比特币 ETF 目前平均占 BTC 现货交易量的 26.4%，偶尔峰值高达 62.6%。

The latest Binance research reveals that Bitcoin ETFs now account for an average of 26.4% of BTC’s spot trading volume, with occasional peaks reaching up to 62.6%. This shift has contributed to Bitcoin’s growing market dominance.

币安最新研究显示，比特币 ETF 目前平均占 BTC 现货交易量的 26.4%，偶尔峰值可达 62.6%。这种转变促进了比特币日益增长的市场主导地位。

The performance of Bitcoin ETFs has outpaced early Gold ETFs, with net inflows exceeding $18.9 billion in less than a year. Over 1,200 institutions have invested in Bitcoin ETFs, significantly higher than the 95 institutions that backed Gold ETFs in their early stages.

比特币 ETF 的表现已经超过了早期的黄金 ETF，不到一年的时间净流入超过 189 亿美元。超过 1,200 家机构投资了比特币 ETF，明显高于早期支持黄金 ETF 的 95 家机构。

Bitcoin ETF Investments are Dominated by Retail Investors

比特币 ETF 投资由散户投资者主导

Retail investors represent 80% of the demand for Bitcoin ETFs, while institutional involvement has grown by 30% since the first quarter. Investment advisors have seen the largest growth, with a 44.2% increase in holdings.

散户投资者占比特币 ETF 需求的 80%，而机构参与度自第一季度以来增长了 30%。投资顾问的增长幅度最大，持有量增加了 44.2%。

Although it may take years to fully integrate Bitcoin ETFs into broker-dealers, banks, and advisors, this gradual process is expected to drive wider adoption in the medium term, according to a Binance Research report shared with BeInCrypto.

根据币安研究与 BeInCrypto 分享的一份报告，尽管比特币 ETF 完全融入经纪交易商、银行和顾问可能需要数年时间，但这一渐进过程预计将在中期内推动更广泛的采用。

Investor interest in cryptocurrencies via ETFs continues to rise, with 45% of ETF investors planning to allocate to digital assets in the coming year. This positions crypto ETFs as the second most popular asset class after equities, overtaking bonds and alternative investments in demand.

投资者通过 ETF 对加密货币的兴趣持续上升，45% 的 ETF 投资者计划在来年配置数字资产。这使得加密货币 ETF 成为继股票之后第二受欢迎的资产类别，其需求超过债券和另类投资。

“Gold racked up over 1 million ounces in ETF inflows last week, the biggest since October 2022—seriously wild! History shows when gold’s hype cools down, Bitcoin usually goes bananas. BTC's chillin' between $50K and $70K since April, while gold and silver keep mooning. With a solid $2 billion flowing into Bitcoin ETFs recently, peeps are hyped that after the US elections, BTC might finally blast past that all-time high,” Influencer Mario Nawfal wrote in an X post (formerly Twitter)

“上周黄金 ETF 流入量超过 100 万盎司，为 2022 年 10 月以来的最高水平——非常疯狂！历史表明，当黄金的炒作降温时，比特币通常会变得疯狂。自 4 月份以来，比特币价格一直在 5 万至 7 万美元之间徘徊，而黄金和白银则持续走低。随着最近有 20 亿美元稳定流入比特币 ETF，人们纷纷猜测，在美国大选之后，比特币可能最终会突破历史新高。”影响者 Mario Nawfal 在 X 帖子（前 Twitter）中写道

The research also shows that millennials are dominating the crypto ETF investments demographic. More than 62% of investors in this space belong to this demographic. In contrast, Baby Boomers have shown significantly lower interest.

研究还表明，千禧一代正在加密 ETF 投资人群中占据主导地位。该领域超过 62% 的投资者属于这一人群。相比之下，婴儿潮一代的兴趣明显较低。

ETF inflows have become a key market indicator for cryptocurrencies, as they often signal shifts in market trends. Fluctuations in ETF inflows and outflows have been closely linked to price movements in recent months.

ETF 流入已成为加密货币的关键市场指标，因为它们通常预示着市场趋势的变化。近几个月来，ETF 流入和流出的波动与价格走势密切相关。

In comparison, Ethereum ETFs have seen weaker demand. Ethereum outflows reached nearly $103.1 million over the last few months. Notably, Ethereum ETFs recorded negative net flows in 8 of the past 11 weeks.

相比之下，以太坊 ETF 的需求则较弱。过去几个月，以太坊资金流出达到近 1.031 亿美元。值得注意的是，以太坊 ETF 在过去 11 周中有 8 周录得负净流量。