行业情绪参差不齐，比特币 ETF 出现净流出

周二，现货比特币交易所交易基金（ETF）净流出 5803 万美元，其中灰度比特币信托基金（GBTC）净流出 7938 万美元。尽管如此，贝莱德的 iShares 比特币信托 (IBIT) 仍录得约 2578 万美元的净流入，表明加密 ETF 市场中的投资者情绪存在差异。然而，彭博社分析师 James Seffart 强调，零流量在 ETF 市场上很常见，大多数 ETF 在任何一天的流量都为零。

Bitcoin ETFs Experience Net Outflows Despite Mixed Sentiment

尽管市场情绪参差不齐，但比特币 ETF 仍出现净流出

Amidst a volatile crypto market landscape, spot Bitcoin exchange-traded funds (ETFs) witnessed a significant net outflow on Tuesday, indicating a shift in investor sentiment towards the digital asset class.

在加密货币市场格局波动的情况下，现货比特币交易所交易基金（ETF）周二出现大幅净流出，表明投资者情绪转向数字资产类别。

According to data from SoSoValue, the Grayscale Bitcoin Trust (GBTC) recorded the most substantial outflow, with $79.38 million exiting the fund. This outflow adds to its already staggering historical net outflow of $16.46 billion, raising concerns among investors.

根据 SoSoValue 的数据，灰度比特币信托基金 (GBTC) 的资金流出量最大，有 7938 万美元退出该基金。此次资金外流进一步加剧了本已高达 164.6 亿美元的历史净流出规模，引发了投资者的担忧。

In contrast, BlackRock's iShares Bitcoin Trust (IBIT) emerged as the lone bright spot, recording a net inflow of approximately $25.78 million. This disparity in investor behavior highlights the varied sentiment within the crypto ETF sphere.

相比之下，贝莱德的iShares比特币信托（IBIT）成为唯一的亮点，录得约2578万美元的净流入。投资者行为的这种差异凸显了加密 ETF 领域内的不同情绪。

James Seffart, a Bloomberg analyst, offers a broader perspective on the ETF market, noting that zero flows are a common occurrence. "On any given day, the vast majority of ETFs will report a flow number of ZERO—this is perfectly normal. With around 3,500 ETFs in the US, yesterday 2,903 had a flow of exactly zero," explains Seffart.

彭博社分析师詹姆斯·塞法特 (James Seffart) 对 ETF 市场提供了更广泛的视角，指出零流量是一种常见现象。 “在任何一天，绝大多数 ETF 都会报告流量为零，这是完全正常的。美国大约有 3,500 只 ETF，昨天有 2,903 只 ETF 的流量恰好为零，”Seffart 解释道。

Thus, while the outflows in certain Bitcoin ETFs may appear concerning, it is crucial to recognize that zero flows are the norm in the broader ETF landscape.

因此，虽然某些比特币 ETF 的资金流出可能令人担忧，但认识到零流量是更广泛的 ETF 领域的常态至关重要。

Bitcoin Mining Companies Face Challenges amidst Halving

比特币矿业公司在减半中面临挑战

Concurrently, Bitcoin mining companies are grappling with intensified pressures due to the impending Bitcoin halving. The halving, scheduled for April 2024, will reduce the block reward for Bitcoin miners by 50%, potentially impacting their profitability.

与此同时，由于比特币减半即将到来，比特币挖矿公司正面临着更大的压力。计划于 2024 年 4 月进行的减半将使比特币矿工的区块奖励减少 50%，这可能会影响他们的盈利能力。

Shares of major mining companies, including Marathon Digital Holdings Inc. (MARA), Riot Platforms Inc. (RIOT), and CleanSpark Inc. (CLSK), have been on a downward trajectory over the past three days. This decline mirrors the recent plunge in the Valkyrie Bitcoin Miners ETF, which has lost roughly 28% of its value this month alone.

Marathon Digital Holdings Inc. (MARA)、Riot Platforms Inc. (RIOT) 和 CleanSpark Inc. (CLSK) 等主要矿业公司的股价在过去三天一直处于下跌趋势。这一下跌反映了 Valkyrie 比特币矿工 ETF 最近的暴跌，仅本月该基金的价值就损失了约 28%。

Compounding these challenges is the rising short interest in mining stocks and a general risk-off sentiment triggered by geopolitical tensions, following Iran's attacks on Israel.

令这些挑战更加复杂的是，伊朗袭击以色列后，矿业股的空头兴趣不断上升，地缘政治紧张局势引发了普遍的避险情绪。

Future of Digital Assets Conference to Provide Insights

数字资产的未来会议提供见解

The financial dynamics within the Bitcoin ecosystem and the resilience of the mining sector will be key topics of discussion at Benzinga's upcoming Future of Digital Assets event on November 19.

比特币生态系统内的金融动态和采矿业的弹性将成为 Benzinga 即将于 11 月 19 日举行的“数字资产的未来”活动中讨论的关键话题。

This conference will bring together leading experts and industry stakeholders to analyze these trends and their long-term implications on the digital assets market. Attendees will have the opportunity to gain valuable insights and perspectives on the evolving landscape of Bitcoin and other digital assets.

本次会议将汇集领先的专家和行业利益相关者，分析这些趋势及其对数字资产市场的长期影响。与会者将有机会获得有关比特币和其他数字资产不断发展的格局的宝贵见解和观点。

Conclusion

结论

The net outflows in spot Bitcoin ETFs and the challenges faced by mining companies indicate a period of uncertainty in the crypto market. However, it is important to recognize that zero flows are common in the ETF market and that the upcoming Bitcoin halving is a known event that has been factored into the market's valuation.

现货比特币 ETF 的净流出以及矿业公司面临的挑战表明加密货币市场正处于一段不确定时期。然而，重要的是要认识到，ETF 市场中零流量很常见，而且即将到来的比特币减半是一个已知事件，已被纳入市场估值中。

Investors should remain vigilant and monitor the unfolding events as the Benzinga Future of Digital Assets event promises to provide valuable insights into the trajectory of the digital asset market.

投资者应保持警惕并关注正在发生的事件，因为 Benzinga 数字资产的未来活动有望为数字资产市场的发展轨迹提供有价值的见解。