市场活动低迷，比特币现货 ETF 出现净流出

4 月 16 日，现货比特币 ETF 净流出 5800 万美元，连续两天下跌。灰度比特币 ETF (GBTC) 流出放缓至 7940 万美元，而 Ark Invest 的 ARKB 则出现 1300 万美元的负流出。值得注意的是，贝莱德的IBIT录得2578万美元的大幅净流入。尽管有这些资金流出，彭博社分析师 James Seyffart 强调，零流入天数在 ETF（包括比特币 ETF）中很常见，不应被负面解读。

Bitcoin Spot ETFs Experience Net Outflows Amid Subdued Market Activity

在市场活动低迷的情况下，比特币现货 ETF 出现净流出

NEW YORK, April 16, 2023 - Spot Bitcoin exchange-traded funds (ETFs) witnessed a net outflow of $58 million on Tuesday, continuing a two-day consecutive decline, according to data from Farside Investors. This trend signals a subdued level of market activity surrounding Bitcoin-related investments.

纽约，2023 年 4 月 16 日 - 根据 Farside Investors 的数据，周二现货比特币交易所交易基金 (ETF) 净流出 5800 万美元，连续两天下跌。这一趋势表明比特币相关投资的市场活动水平较低。

Despite the overall negative sentiment, there are indications of improvement. Outflows from the Grayscale Bitcoin Trust (GBTC), one of the largest Bitcoin ETFs, have slowed to $79.4 million on April 16, bringing the total outflows to $16.46 billion. Ark Invest's Bitcoin ETF (ARKB) also recorded negative outflows of $13 million.

尽管整体情绪消极，但仍有改善的迹象。最大的比特币 ETF 之一灰度比特币信托基金 (GBTC) 的资金流出已于 4 月 16 日放缓至 7940 万美元，使总资金流出达到 164.6 亿美元。 Ark Invest 的比特币 ETF (ARKB) 也录得 1300 万美元的负流出。

While outflows from GBTC have eased, inflows into spot Bitcoin ETFs have also diminished. On the same day, BlackRock's iShares Bitcoin Strategy ETF (IBIT) recorded the highest net inflow at $25.78 million, pushing its total inflows to over $15.3 billion.

虽然 GBTC 的资金流出有所缓解，但现货比特币 ETF 的流入也有所减少。同一天，贝莱德旗下的iShares比特币策略ETF（IBIT）录得最高净流入额，达2578万美元，使其总流入额超过153亿美元。

Bloomberg ETF analyst James Seyffart remarked that days with zero inflows are not uncommon in ETFs, including Bitcoin ETFs, and should not be interpreted negatively. In the ETF market, shares are created or redeemed in batches (known as creation units) based on supply and demand imbalances. Transactions are executed only when the costs are more favorable compared to traditional methods.

彭博 ETF 分析师 James Seyffart 表示，零流入的日子在 ETF（包括比特币 ETF）中并不罕见，不应进行负面解读。在ETF市场中，股票根据供需失衡情况批量创建或赎回（称为创建单位）。仅当成本比传统方法更有利时才会执行交易。

The downward trend in spot Bitcoin ETF outflows suggests a cautious approach by investors amidst current market conditions. However, the easing of outflows from GBTC, coupled with continued inflows into IBIT, indicates that some investors remain bullish on the long-term prospects of Bitcoin.

现货比特币 ETF 流出量的下降趋势表明投资者在当前市场状况下采取谨慎态度。然而，GBTC 的资金流出有所缓解，加上 IBIT 的资金持续流入，表明一些投资者仍然看好比特币的长期前景。

As the market continues to evolve, it remains to be seen whether the recent outflows will persist or if sentiment will shift towards more positive territory. Investors should approach all investment decisions with caution and consider the risks associated with volatile cryptocurrencies like Bitcoin.

随着市场不断发展，近期的资金外流是否会持续，或者情绪是否会转向更加积极的领域，还有待观察。投资者应谨慎对待所有投资决策，并考虑与比特币等波动性加密货币相关的风险。