比特币现货交易所交易基金（ETF）经历了记录中最糟糕的一天

自去年首次亮相以来，投资者在24小时内倾倒了价值超过10亿美元的投资，因此本周首次亮相的现金比特币交易所资金（ETFS）经历了他们本周最糟糕的一天。

The 11 exchange-traded funds (ETFs) tracking the price of Bitcoin experienced their worst day ever on Tuesday as investors pulled more than $1 billion in investments from the products within 24 hours, according to crypto analytics firm CoinGlass.

Crypto Analialtics Coinglass表示，这笔交易所贸易资金（ETF）在周二追踪比特币价格的最糟糕一天，因为投资者在24小时内从产品中收取了超过10亿美元的投资。

The group of SEC-approved Bitcoin ETFs saw their largest-ever outflows with $1,007 million in outflows on Tuesday, CoinGlass's data showed. That far exceeds the previous record of $672 million in daily outflows set in December.

Coinglass的数据显示，由SEC批准的比特币ETF组看到了他们有史以来最大的流出，周二的外流为1007万美元。这远远超过了12月创下的每日流出6.72亿美元的记录。

Tuesday’s rout follows a six-day decline during which the assets saw more than $2 billion in outflows overall as investors fled amid concerns of economic uncertainty.

周二的溃败下降了为期六天的下降，在此期间，由于对经济不确定性的担忧，投资者逃离了投资者的总体流出超过20亿美元。

The record outflows come as Bitcoin itself—and the broader crypto market—experience the biggest selloff since the election of President Trump in November. Since the beginning of February, the original cryptocurrency's price has tumbled from more than $100,000 to less than $85,000, flailing under the weight of Trump's tariff policy, the historic hack of crypto exchange ByBit, and multiple memecoin scandals.

创纪录的外流是比特币本身以及更广泛的加密货币市场经历了自11月特朗普总统大选以来最大的抛售。自2月初以来，最初的加密货币价格从超过100,000美元跌至不到85,000美元，在特朗普的关税政策，历史悠久的加密交易所交易所Bybit和多个Memecoin丑闻的范围内进行。

Some of the outflow is likely the result of retail investors deciding to sell now and lock in gains from the recent bull market, as they expect more pain to come, ETF analyst at Bloomberg James Seyffart explained to Fortune.

散户投资者决定现在出售并锁定最近的牛市的收益，因为他们期望会有更多的痛苦，因此散户投资者可能会产生更多的痛苦。

"People are probably just diversifying their exposures or unwinding some of their Bitcoin exposure," Seyffart said.

Seyffart说：“人们可能只是在使自己的暴露量多样化或放松一些比特币的暴露。”

But he added that some of the ETF losses may also be the result of large institutional investors like hedge funds engaging in basis trading—a strategy that seeks to make profit off of the difference between the spot price of a commodity and the price of a futures contract on the same commodity.

但他补充说，某些ETF损失也可能是大型机构投资者（如对冲基金从事基本交易的策略）旨在从商品的现货价格和同一商品的期货合同之间的差额中获利的策略。

While the latest spot Bitcoin ETF movements are significant within the crypto world, these kinds of swings are not shocking for traditional financial markets, says Seyffart. For most non-crypto ETFs, it's normal to see large amounts of inflows and outflows.

Seyffart说，虽然最新的比特币ETF运动在加密货币世界中很重要，但对于传统金融市场而言，这种波动并不令人震惊。对于大多数非晶体ETF，看到大量流入和流出是正常的。

"We’re talking about billions of dollars coming out of these ETFs in rather a short space of time. But for now, it’s still par for the course for an ETF category," Seyffart said.

Seyffart说：“我们谈论的是在很短的时间内从这些ETF中拿出数十亿美元。但是，目前，ETF类别的课程仍然是相当的。”

James Butterfill, head of research at ETF issuer CoinShares, agreed, adding that $1 billion is just a small fraction of the total $100 billion invested in Bitcoin ETFs.

ETF发行人Coinshares的研究负责人詹姆斯·巴特菲尔（James Butterfill）表示同意，并补充说，10亿美元仅是对比特币ETF投资的1000亿美元的一小部分。

"It’s actually quite small in the grand scheme of things," Butterfill said. "So it’s not particularly damaging."

Butterfill说：“在宏伟的计划中，它实际上很小。” “因此，这并不是特别破坏。”