尽管波动率波动

1月份，现场比特币ETF赚了49.4亿美元，年龄为约590亿美元。在上下文中：在2024年的整个中，他们带来了352亿美元。

Bitcoin exchange-traded funds (ETFs) saw strong inflows in January, setting the stage for a potential record-breaking year. According to Bitwise Chief Investment Officer Matt Hougan, these inflows could reach $50 billion by the end of 2025.

比特币交易所贸易资金（ETF）在一月份的流入强劲，为潜在的创纪录一年奠定了基础。根据Bitwise首席投资官Matt Hougan的说法，到2025年底，这些流入可能达到500亿美元。

January inflows into spot bitcoin ETFs reached $4.94 billion, annualizing to about $59 billion. For comparison, in all of 2024, these ETFs brought in $35.2 billion.

一月份流入现货比特币ETF达到49.4亿美元，年龄约为59亿美元。为了进行比较，在2024年的整个中，这些ETF带来了352亿美元。

These inflows come as more institutional investors are adding Bitcoin to their portfolios. In 2024, two months saw outflows, while the highest monthly inflow was $6.4 billion in November.

随着越来越多的机构投资者在其投资组合中增加比特币，这些流入就来了。在2024年，两个月的流出了，每月最高的流入量是11月的64亿美元。

This year is expected to see more volatility in inflows, with some months likely seeing lower investment activity. Hougan, however, remains optimistic that these inflows will meet Bitwise's projection of $50 billion.

预计今年的流入率会增加，有些月的投资活动可能会降低。然而，霍根仍然乐观，这些流入将符合比特方的预测500亿美元。

The Securities and Exchange Commission (SEC) may also approve additional spot cryptocurrency ETFs in 2025. Several firms, including Grayscale and Bitwise, have submitted applications for ETFs linked to assets such as Solana, XRP, and Dogecoin.

美国证券交易委员会（SEC）还可以在2025年批准额外的现货加密货币ETF。包括灰度和位的几家公司已提交了与Solana，XRP和Dogecoin等资产相关的ETF的申请。

If approved, these ETFs would expand the investment options available to both institutional and retail investors in the digital asset market. Several market analysts have highlighted the potential for increased liquidity and diverse entry points.

如果获得批准，这些ETF将扩大数字资产市场中机构和散户投资者可用的投资选择。几位市场分析师强调了增加流动性和各种入口点的潜力。

However, the approval of these new ETFs hinges on the regulatory landscape and the evolving stance of the SEC on crypto regulations. Some experts remain cautious in their outlook.

但是，这些新ETF的批准取决于对加密法规的监管格局和SEC不断发展的立场。一些专家的看法仍然谨慎。

Meanwhile, the presence of major financial players, such as BlackRock, could influence the SEC's decision. According to ETF Store President Nate Geraci, a BlackRock application would likely increase the chances of approval.

同时，贝莱德（Blackrock）等主要财务参与者的存在可能会影响SEC的决定。根据ETF商店总裁Nate Geraci的说法，黑石申请可能会增加批准的机会。

If approved, these new crypto ETFs could enhance liquidity and provide additional investment opportunities. Increased accessibility to multiple digital assets may boost institutional participation in the sector. However, the SEC's stance on crypto regulations will play a significant role in shaping the market.

如果获得批准，这些新的加密ETF可以增强流动性并提供额外的投资机会。增加对多个数字资产的可访问性可能会增加该行业的机构参与。但是，SEC对加密法规的立场将在塑造市场中发挥重要作用。

Many investors are shifting away from U.S. Treasury bonds in favor of alternative assets like Bitcoin. According to Bitwise Europe's Head of Research, André Dragosch, Gold’s rising demand signals a major structural shift. This trend suggests that traditional safe-haven assets are losing appeal to institutional investors.

许多投资者正在偏离美国国库券，而转向比特币等替代资产。根据Bitwise Europe的研究负责人AndréDragosch的说法，Gold的不断上升的需求信号标志着主要的结构性转变。这种趋势表明，传统的避风势资产正在失去对机构投资者的吸引力。

Gold prices have reached near-record highs, indicating a strong preference for Gold as a hedge against inflation. Analysts believe this shift could also benefit Bitcoin due to its limited supply and zero counterparty risk. Investors searching for alternatives to government bonds may view Bitcoin as an attractive store of value.

黄金价格已经达到了近记录的高点，表明人们强烈偏爱黄金作为对通货膨胀的对冲。分析师认为，由于供应有限和零对手风险，这种转变也可能使比特币受益。寻找政府债券替代品的投资者可能将比特币视为有吸引力的价值存储。

Some central banks, including the Czech National Bank, consider Bitcoin part of their diversification strategy. Governor Aleš Michl recently announced plans to allocate reserves into Bitcoin, highlighting its low correlation with traditional assets. This move reflects growing institutional confidence in Bitcoin's long-term potential.

包括捷克国家银行在内的一些中央银行考虑了比特币的多元化战略。州长AlešMichl最近宣布计划将储量分配给比特币，并强调其与传统资产的低相关性。这一举动反映了对比特币长期潜力的机构信心的日益增强。

Overall, market trends indicate a significant shift in investor sentiment toward alternative assets, with Bitcoin at the forefront. Its increasing adoption among institutions may drive further inflows into ETFs, which will be monitored by analysts throughout the year.

总体而言，市场趋势表明，投资者情绪向替代资产发生了重大转变，比特币处于最前沿。它在机构中的采用不断提高可能会使ETF进一步流入，这将全年由分析师监控。

FAQs

常见问题解答

Bitcoin ETFs are expected to attract $50 billion in inflows in 2025, with January already recording $4.9 billion.

预计比特币ETF将在2025年吸引500亿美元的流入，一月已经记录了49亿美元。

Bitcoin ETFs recorded $35.2 billion in inflows in 2024, with the highest monthly inflow of $6.4 billion in November.

比特币ETF在2024年的流入量为352亿美元，11月的每月流入最高64亿美元。

The SEC may approve additional spot crypto ETFs in 2025, with applications submitted for assets like Solana, XRP, and Dogecoin.

SEC可以在2025年批准其他位置加密ETF，并向Solana，XRP和Dogecoin等资产提交了申请。