贝莱德的比特币积累策略是迈向主流加密货币的巨大一步

作为世界上最大的资产经理，贝莱德（Blackrock）的比特币积累策略是迈出主流加密货币的巨大一步。

In the dynamic realm of cryptocurrency, the footprints of large institutions are often a beacon for broader market trends. One entity that has been closely watched for its moves in Bitcoin is BlackRock, the world’s largest asset manager.

在加密货币的动态领域中，大型机构的足迹通常是更广泛的市场趋势的灯塔。全球最大的资产经理贝莱德（BlackRock）是一个密切关注其在比特币中的举动的实体。

As retail adoption brought cryptocurrencies like Bitcoin to the forefront of popular finance, institutions like BlackRock are now spearheading the transition to mainstream integration.

随着零售的采用使像比特币这样的加密货币成为流行金融的最前沿，诸如贝莱德这样的机构现在正在将过渡到主流整合。

With each BTC purchase, the company not only influences market dynamics but also signals a vote of confidence in Bitcoin’s long-term value. Tracking their activity provides valuable information into what the big institutions are doing.

每次购买BTC，该公司不仅会影响市场动态，而且还标志着比特币长期价值的信心投票。跟踪他们的活动为大型机构所做的事情提供了宝贵的信息。

Recent reports indicate significant moves by BlackRock, including a $145 million purchase of BTC in March 2025. Let’s take a closer look.

最近的报告表明，贝莱德采取了重大举动，其中包括2025年3月购买BTC的1.45亿美元。让我们仔细看看。

Key highlights:

关键亮点：

* Bitcoin has become a key asset for institutional investors, especially in the low-interest-rate environment of recent years.

*比特币已成为机构投资者的关键资产，尤其是在近年来的低利率环境中。

* While retail investors initially drove cryptocurrency adoption, institutions like BlackRock are now accelerating this shift.

*虽然散户投资者最初推动了加密货币采用，但像贝莱德这样的机构现在正在加速这一转变。

* This transition signals potential for Bitcoin to serve as a transformative financial asset.

*这种过渡信号是比特币作为变革性金融资产的潜力。

* After years of speculation and anticipation, large-scale institutional investors are making a substantial presence in the cryptocurrency market.

*经过多年的猜测和预期，大规模的机构投资者在加密货币市场中占有重要地位。

* Though retail investors undoubtedly played a key role in the initial stages of cryptocurrencies like Bitcoin, the entry of institutional investors marks a new chapter.

*尽管散户投资者无疑在比特币等加密货币的初始阶段发挥了关键作用，但机构投资者的进入却标志着新篇章。

Why institutional investors are focusing on Bitcoin

为什么机构投资者专注于比特币

Bitcoin went from being a niche asset to a global focal point for institutional investors. Retail adoption certainly put the cryptocurrency on the map, but institutions like BlackRock are now leading the way. This transition from the former to the latter is what will determine Bitcoin’s ability to serve as a truly transformative financial asset.

比特币从成为利基资产转变为机构投资者的全球焦点。零售的采用肯定会将加密货币放在地图上，但是像贝莱德这样的机构现在正处于领先地位。从前者到后者的这种过渡将决定比特币作为真正变革性金融资产的能力。

To understand this shift, we need to look at how retail demand set the stage for Bitcoin’s initial rise.

为了了解这一转变，我们需要研究零售需求如何为比特币的初始上升奠定了基础。

Retail adoption sparked cryptocurrency's initial wave

零售收养引发了加密货币的初始波浪

In the early days, Bitcoin’s popularity was largely driven by retail investors—individuals who were interested in decentralized finance and its potential to disrupt traditional markets. Top crypto exchanges like Coinbase and Binance played a key role in making Bitcoin accessible to a broader audience, which facilitated early adoption.

在早期，比特币的受欢迎程度在很大程度上是由散户投资者驱动的，这些投资者对分散的金融感兴趣及其破坏传统市场的潜力。 Coinbase和Binance之类的顶级加密交流在使更广泛的受众群体可以访问比特币方面发挥了关键作用，这有助于早期采用。

However, as Bitcoin matured and its market cap expanded, institutional players began to take notice. For firms like BlackRock, the attraction lies in Bitcoin’s ability to offer opportunities that no other asset does.

但是，随着比特币成熟及其市值的扩大，机构参与者开始引起注意。对于贝莱德（BlackRock）等公司而言，吸引力在于比特币提供其他资产没有其他资产的机会的能力。

Institutions have the resources to handle Bitcoin’s volatility—even take advantage of it—and they see it as a strategic long-term hold. When Blackrock decided to join the likes of MicroStrategy as one of the top BTC holders, it signaled a shift from speculative investing toward a more structured adoption of Bitcoin as a part of diversified portfolios.

机构有资源来处理比特币的波动性（甚至利用它），他们认为这是战略性的长期持有。当BlackRock决定加入MicroStrategy作为BTC顶级持有人之一时，这表明从投机投资转向更结构化的比特币作为多元化投资组合的一部分。

This surge of institutional demand has brought substantial liquidity and legitimacy to the cryptocurrency market.

这种机构需求激增为加密货币市场带来了大量的流动性和合法性。

Of course, institutional adoption is good for financial returns, but it’s also affecting how Bitcoin is perceived. Once seen as an asset class that’s highly risky, Bitcoin is now entering conversations about risk management and portfolio optimization.

当然，机构采用对财务回报有益，但它也影响了比特币的感知方式。一旦被视为高度风险的资产类别，比特币现在正在输入有关风险管理和投资组合优化的对话。

This shift in narrative is crucial for mainstream investors who are used to seeing bonds, stocks, and real estate as the core components of investment funds.

叙事的这种转变对于习惯于将债券，股票和房地产视为投资基金的核心组成部分的主流投资者至关重要。

BlackRock’s continued purchases of Bitcoin also attest to institutions’ belief in cryptocurrency’s long-term prospects. For instance, analysts have noted how corporate and institutional buyers are helping to fuel narratives such as Bitcoin’s potential to hit $150,000 and beyond.

贝莱德继续购买比特币也证明了机构对加密货币的长期前景的信念。例如，分析师指出，公司和机构购买者如何帮助诸如比特币有可能达到150,000美元及以后的叙述。

Benefits of Bitcoin for institutional portfolios

比特币对机构投资组合的好处

Why are big players like BlackRock betting on Bitcoin? It boils down to diversification, growth potential, and hedging against economic uncertainty.

为什么像贝莱德（BlackRock）这样的大球员在比特币上投注？这归结为多元化，增长潜力和对冲经济不确定性。

As the world’s largest asset manager, BlackRock’s investment strategy has implications for broader market trends. Institutional investors are recognizing Bitcoin’s unique properties as an asset.

作为世界上最大的资产经理，贝莱德的投资策略对更广泛的市场趋势具有影响。机构投资者将比特币的独特财产视为资产。

While reports of BlackRock pivoting to crypto may appear recent, the firm has been gradually increasing its presence in the cryptocurrency domain over the past few years.

尽管有关加密货币的贝莱德（Blackrock）的报道可能最近出现，但在过去几年中，该公司一直在逐渐增加其在加密货币领域的存在。

Earlier in 2023, BlackRock applied to convert its iShares Bitcoin Trust to an ETF. This move was seen as pivotal, as the SEC previously rejected a similar application from Winklevoss twins’ firm in 2016.

2023年早些时候，BlackRock申请将其ISHARES比特币信任转换为ETF。这一举动被视为关键，因为SEC先前在2016年拒绝了Winklevoss Twins公司的类似申请。

The iShares Bitcoin Trust (IBIT) is one of the most prominent Bitcoin ETFs in recent times. In March 2025, the ETF reached a milestone with record-breaking inflows, accumulating $537.5 million in a single week.

iShares比特币信托（IBIT）是最近最突出的比特币ETF之一。 2025年3月，ETF达到了一个里程碑，并以创纪录的流入，一周内积累了5.375亿美元。

Analysts have noted how Bitcoin ETFs like BlackRock’s bolster the reputation of Bitcoin-based financial products. In the words of Mizuho Securities analysts, “The fact that BlackRock is now applying to launch a spot Bitcoin ETF is a game-changer.”

分析师指出，像BlackRock的比特币ETF如何增强基于比特币的金融产品的声誉。用瑞am证券分析师的话说：“贝莱德现在正在申请发射现场比特币ETF的事实是改变游戏规则的人。”

This level of adoption is also driving competitive interest among other asset managers, creating a domino effect that accelerates institutional Bitcoin accumulation. The sustained growth in ETF investments signals a new era for Bitcoin, where traditional finance combines with cryptocurrency in a way that could significantly

这种采用水平也在其他资产经理之间引起竞争利益，从而产生了加速机构比特币积累的多米诺骨牌效应。 ETF投资的持续增长标志着比特币的新时代，传统财务与加密货币相结合的方式可以很大程度上显着