贝莱德比特币 ETF (IBIT) 交易量飙升至 $3.3B，表明机构需求强劲

比特币交易所交易基金 (ETF) 之间的竞争持续升温，贝莱德比特币 ETF (IBIT) 的交易量达到令人印象深刻的 33 亿美元，创下六个月来的最高水平。

BlackRock’s Bitcoin exchange-traded fund (ETF) has seen a remarkable surge in trading volume, reaching a high of $3.3 billion on Tuesday, according to Bloomberg ETF strategist Eric Balchunas. This surge comes amid a broader increase in institutional demand for Bitcoin, with a total of nearly $870 million flowing into U.S. Bitcoin ETFs on Tuesday.

彭博社 ETF 策略师埃里克·巴尔丘纳斯 (Eric Balchunas) 表示，贝莱德 (BlackRock) 的比特币交易所交易基金 (ETF) 交易量显着激增，周二达到 33 亿美元的高位。这一激增是由于机构对比特币的需求更广泛增加，周二共有近 8.7 亿美元流入美国比特币 ETF。

BlackRock’s IBIT Surges Past $3 Billion in Trading Volume

贝莱德 IBIT 交易量突破 30 亿美元

BlackRock’s Bitcoin ETF, ticker IBIT, has been a standout performer, capturing the attention of both market strategists and investors. As noted by Balchunas, Tuesday’s record-breaking $3.3 billion trading volume on IBIT reflects a shift in institutions ramping up their Bitcoin allocations, potentially as a hedge amid macroeconomic uncertainty.

贝莱德的比特币 ETF（股票代码 IBIT）一直表现出色，吸引了市场策略师和投资者的关注。正如 Balchunas 所指出的，周二 IBIT 交易量破纪录的 33 亿美元反映了机构加大比特币配​​置的转变，这可能是宏观经济不确定性下的对冲。

Typically, such high ETF activity is seen during bear rallies, whereas bull rallies tend to see lower levels of ETF activity. However, in the current bull market rally, FOMO is driving a surge in institutional interest, especially as Bitcoin’s price gains add urgency for investors to capitalize on the opportunity to maximize their returns.

通常，如此高的 ETF 活动出现在熊市反弹期间，而牛市反弹期间 ETF 活动水平往往较低。然而，在当前的牛市反弹中，“错失恐惧症”正在推动机构兴趣激增，特别是当比特币价格上涨增加了投资者利用这一机会实现回报最大化的紧迫性时。

Institutional FOMO Pushes Bitcoin ETF Inflows to New Highs

机构 FOMO 推动比特币 ETF 流入量创新高

Other Bitcoin ETFs also saw a strong uptick in trading volumes, further highlighting the widespread FOMO among institutional investors. With BlackRock’s IBIT now closing in on $25 billion in net inflows since its inception, its market dominance has more than doubled compared to its nearest competitor, Fidelity’s FBTC, which has seen about $11 billion in inflows.

其他比特币 ETF 的交易量也大幅上升，进一步凸显了机构投资者普遍存在的 FOMO 情绪。自成立以来，贝莱德的 IBIT 目前已接近 250 亿美元的净流入，其市场主导地位比其最接近的竞争对手富达 (Fidelity) 的 FBTC 增加了一倍多，后者的资金流入约为 110 亿美元。

Together, IBIT and FBTC now account for over 90% of the total inflows into Bitcoin ETFs this year, underscoring the strong institutional preference for these two funds. As Bitcoin’s price continues to rally, analysts are watching closely to see if retail FOMO will follow the institutional wave, potentially propelling Bitcoin into a new price range.

IBIT 和 FBTC 目前占今年比特币 ETF 总流入量的 90% 以上，凸显了机构对这两只基金的强烈偏好。随着比特币价格持续上涨，分析师正在密切关注散户 FOMO 是否会追随机构浪潮，从而可能推动比特币进入新的价格区间。

Retail Investors Yet to Join the Bitcoin Rally, But…

散户投资者尚未加入比特币涨势，但是……

While institutions have been the primary drivers of recent inflows, retail interest is still lagging, according to crypto analyst Miles Deutscher. He points out that, in Bitcoin’s previous bull cycles, retail participation played a pivotal role in pushing prices to record highs, with large investors and Bitcoin whales typically stepping in later.

加密货币分析师 Miles Deutscher 表示，虽然机构一直是近期资金流入的主要推动力，但散户兴趣仍然滞后。他指出，在比特币之前的牛市周期中，散户参与在推动价格创下历史新高方面发挥了关键作用，大型投资者和比特币鲸鱼通常会稍后介入。

Currently, the large investors are influencing the price action, but a surge in retail participation could take Bitcoin to levels exceeding $100,000, according to Deutscher. Bullish Indicators Signal Potential All-Time High

Deutscher 表示，目前，大型投资者正在影响价格走势，但散户参与的激增可能会将比特币推向超过 10 万美元的水平。看涨指标预示着创历史新高的潜力

One key metric that supports the bullish sentiment is the Bitcoin MVRV ratio, which compares the current price to the average price at which coins were last moved. This ratio has crossed its 365-day moving average, signaling a “golden cross” that often precedes bull rallies.

支持看涨情绪的一个关键指标是比特币 MVRV 比率，该比率将当前价格与代币上次移动的平均价格进行比较。该比率已突破 365 天移动平均线，标志着牛市反弹之前经常出现的“黄金十字”。

This, combined with the strong ETF inflows, adds weight to predictions of an extended rally. If retail demand follows the current trend, Bitcoin could see a sustained climb, setting the stage for a potential all-time high. The convergence of whale accumulation, ETF inflows, and macroeconomic factors—such as the U.S. Federal Reserve’s anticipated rate cut—may contribute to Bitcoin’s upward trajectory in the coming months.

再加上 ETF 资金的强劲流入，增加了股市持续上涨的预测。如果零售需求遵循当前趋势，比特币可能会持续攀升，为潜在的历史新高奠定基础。鲸鱼积累、ETF 流入和宏观经济因素（例如美联储预期降息）的融合可能会推动比特币在未来几个月的上涨轨迹。