比特币 ETF 目前占据 BTC 总供应量的 5.33%

比特币 ETF 已经达到了一个重要的里程碑，目前占比特币开采总量的 5.33%。这比 2024 年 1 月记录的 3.15% 大幅增长

Bitcoin exchange-traded funds (ETFs) have now accumulated a substantial portion of the total mined Bitcoin supply, reaching 5.33% according to the latest available data. This marks a significant increase from the 3.15% recorded in January 2024, highlighting a surge in demand for physically-backed Bitcoin ETFs.

比特币交易所交易基金（ETF）现已积累了比特币开采总量的很大一部分，根据最新数据，达到 5.33%。这标志着比 2024 年 1 月记录的 3.15% 大幅增长，凸显了对实物支持的比特币 ETF 的需求激增。

Over the past ten months, these funds have added 425,000 BTC, reflecting the rising interest in Bitcoin as an investment vehicle, as noted by a CryptoQuant analyst.

CryptoQuant 分析师指出，在过去 10 个月中，这些基金增加了 425,000 BTC，反映出人们对比特币作为投资工具的兴趣不断上升。

A close correlation has emerged between the accumulation of Bitcoin by spot ETFs and Bitcoin's price movements. Notably, Bitcoin's price peaks in March and November 2024 coincided with substantial ETF inflows.

现货 ETF 积累的比特币与比特币的价格走势之间存在密切的相关性。值得注意的是，比特币价格在 2024 年 3 月和 11 月达到峰值，恰逢 ETF 大量流入。

During March, US-listed Bitcoin ETFs experienced net inflows of around $4 billion, boosting trading volumes to $111 billion and driving Bitcoin's price to over $73,777 on Coinbase.

3 月份，在美国上市的比特币 ETF 净流入约 40 亿美元，交易量增至 1,110 亿美元，推动 Coinbase 上比特币价格升至 73,777 美元以上。

Similarly, in November, following Donald Trump's reelection and heightened expectations of regulatory support for crypto, Bitcoin soared past $93,265 on Binance, marking its highest-ever valuation.

同样，去年 11 月，随着唐纳德·特朗普连任以及对加密货币监管支持的期望提高，比特币在币安上飙升至 93,265 美元以上，创下历史最高估值。

The increasing adoption of Bitcoin ETFs is closely linked to the evolving regulatory landscape. Recent approvals by the SEC and the CFTC have enhanced the legitimacy of Bitcoin ETFs, bolstering institutional adoption and capital inflows.

比特币 ETF 的日益普及与不断变化的监管环境密切相关。美国证券交易委员会和美国商品期货交易委员会最近的批准增强了比特币 ETF 的合法性，促进了机构采用和资本流入。

The SEC's approval of Bitcoin ETF options and the CFTC's clearance of spot Bitcoin options trading have played pivotal roles in fostering trust and channeling capital into the market.

美国证券交易委员会 (SEC) 对比特币 ETF 期权的批准以及美国商品期货交易委员会 (CFTC) 对比特币期权现货交易的批准，在促进信任和引导资本进入市场方面发挥了关键作用。

In the realm of spot ETFs, BlackRock's iShares Bitcoin Trust (IBIT) continues to lead the pack with recent data indicating that the fund has crossed the $40 billion mark in assets.

在现货 ETF 领域，贝莱德 (BlackRock) 的 iShares 比特币信托 (IBIT) 继续处于领先地位，最近的数据表明该基金的资产已突破 400 亿美元大关。

Meanwhile, the broader US Bitcoin ETF market registered $2.4 billion in inflows during the first half of last week, though redemptions on Thursday and Friday trimmed the week's net inflows to $1.6 billion.

与此同时，美国比特币 ETF 市场上周上半年录得 24 亿美元的资金流入，不过周四和周五的赎回将本周的净流入削减至 16 亿美元。

With the growing prominence of spot Bitcoin ETFs, the landscape of the crypto market is being reshaped, promising to stabilize liquidity and potentially reduce market volatility.

随着现货比特币 ETF 的日益突出，加密货币市场的格局正在重塑，有望稳定流动性并可能减少市场波动。

The increasing share of Bitcoin held by spot ETFs has broader implications for the crypto market. By controlling over 5% of Bitcoin's supply, these funds are indeed stabilizing liquidity and potentially reducing market volatility. However, there are concerns about institutional control over Bitcoin, as this could contradict the cryptocurrency's original ethos of decentralization.

现货 ETF 持有的比特币份额不断增加，对加密市场产生了更广泛的影响。通过控制超过 5% 的比特币供应量，这些基金确实稳定了流动性，并有可能减少市场波动。然而，人们担心机构对比特币的控制，因为这可能与加密货币最初的去中心化精神相矛盾。