市场动荡后比特币企稳，主权财富基金加入机构合唱

在经历了导致 3000 亿美元损失的市场急剧下滑之后，比特币已经趋于稳定。尽管存在波动，但由于新的交易所交易基金（ETF）吸引了机构投资者，该资产仍然处于高位。值得注意的是，贝莱德高管透露了科威特和沙特阿拉伯等主权财富基金的兴趣，这表明投资情绪可能转向比特币。

Bitcoin Stabilizes After Perfect Storm, Sovereign Wealth Funds Eye Entry

完美风暴后比特币企稳，主权财富基金介入

Following a tumultuous week that saw over $300 billion evaporating from the combined bitcoin and crypto markets, the flagship digital currency has regained its composure, hovering around $60,000 per bitcoin. This resilience underscores the growing maturity and institutional adoption of bitcoin, a trend that has been ignited by the launch of several spot bitcoin exchange-traded funds (ETFs) on Wall Street.

在经历了比特币和加密货币市场蒸发超过 3000 亿美元的动荡一周之后，旗舰数字货币已经恢复平静，每比特币价格徘徊在 60,000 美元左右。这种弹性凸显了比特币的日益成熟和机构采用，这一趋势是由华尔街推出的多个现货比特币交易所交易基金（ETF）引发的。

In a further sign of institutional validation, BlackRock, the issuer of the IBIT spot bitcoin ETF, has revealed that sovereign wealth funds (SWFs) are expressing interest in bitcoin and may commence trading in the coming months. SWFs, managed by entities such as Kuwait and Saudi Arabia, represent a significant cohort of investors with vast financial resources.

IBIT 现货比特币 ETF 的发行人贝莱德 (BlackRock) 透露，主权财富基金 (SWF) 对比特币表现出了兴趣，并可能在未来几个月内开始交易，这是机构验证的进一步迹象。由科威特和沙特阿拉伯等实体管理的主权财富基金代表了一大批拥有大量金融资源的投资者。

"Many of these interested firms—whether we're talking about pensions, endowments, sovereign wealth funds, insurers, other asset managers, family offices—are having ongoing diligence and research conversations, and we're playing a role from an education perspective," said Robert Mitchnick, BlackRock's head of bitcoin and crypto. He noted that the firm has witnessed "a re-initiation of the discussion around bitcoin."

“许多感兴趣的公司——无论我们谈论的是养老金、捐赠基金、主权财富基金、保险公司、其他资产管理公司、家族办公室——都在进行持续的尽职调查和研究对话，而我们正在从教育的角度发挥作用， ”贝莱德比特币和加密货币业务主管罗伯特·米奇尼克（Robert Mitchnick）说道。他指出，该公司见证了“围绕比特币的讨论重新启动”。

The potential entry of SWFs into the bitcoin market would signal a major shift in the investment landscape, further legitimizing the digital asset class. Norway's $1.6 trillion fund, Saudi Arabia's $1 trillion Public Investment Fund (PIF), and Kuwait's Investment Authority (KIA) are among the world's largest and most influential SWFs.

主权财富基金可能进入比特币市场，这将标志着投资格局的重大转变，进一步使数字资产类别合法化。挪威1.6万亿美元的基金、沙特阿拉伯1万亿美元的公共投资基金（PIF）和科威特投资局（KIA）都是世界上最大和最有影响力的主权财富基金。

Last month, speculation emerged that Qatar was exploring bitcoin purchases, fueling rumors that the country's sovereign wealth fund was considering investing $500 billion in the cryptocurrency. While these rumors remain unverified, they underscore the growing institutional interest in bitcoin.

上个月，有传言称卡塔尔正在探索购买比特币，这引发了有关该国主权财富基金正在考虑投资 5000 亿美元购买加密货币的传言。虽然这些谣言尚未得到证实，但它们强调了机构对比特币日益增长的兴趣。

The long-awaited arrival of spot bitcoin ETFs on Wall Street has opened up the asset class to a new cohort of investors, many of whom previously dismissed bitcoin as an unproven store of value. The largest of these funds, BlackRock's IBIT, has amassed $17 billion in assets under management in just three months since its debut.

华尔街期待已久的现货比特币 ETF 的到来，为新的投资者群体开放了该资产类别，其中许多人此前认为比特币是一种未经证实的价值储存手段。其中规模最大的基金是贝莱德 (BlackRock) 的 IBIT，自推出以来仅三个月内就积累了 170 亿美元的管理资产。

Reports indicate that Morgan Stanley is poised to authorize its 15,000 brokers to recommend spot bitcoin ETFs to their clients. This move would further broaden the distribution channels for bitcoin, making it more accessible to retail investors.

有报道称，摩根士丹利准备授权其 15,000 家经纪商向其客户推荐现货比特币 ETF。此举将进一步拓宽比特币的分销渠道，让散户投资者更容易获得比特币。

While the recent market volatility has tested the resilience of bitcoin, the asset has emerged from the storm with renewed vigor. The influx of institutional investment and the potential entry of SWFs suggest that bitcoin is maturing into a mainstream financial instrument, capable of weathering market fluctuations and attracting long-term investors.

虽然最近的市场波动考验了比特币的弹性，但该资产已从风暴中恢复活力。机构投资的涌入和主权财富基金的潜在进入表明，比特币正在成熟为一种主流金融工具，能够抵御市场波动并吸引长期投资者。