贝莱德的比特币ETF仍然是其类别中表现最好的资金之一

这些发行人的行为就像机构鲸鱼一样，迅速吸收零售驱动的抛售，否则会引发急剧的市场下降。

BlackRock’s Bitcoin ETF remains one of the top-performing funds in its category, even amid the current wave of tariff-related economic uncertainty.

贝莱德（Blackrock）的比特币ETF仍然是其类别中表现最好的资金之一，甚至在当前与关税相关的经济不确定性浪潮中。

According to Calcbench data, the iShares Bitcoin Trust (NYSE:IBTC) ETF has seen an incredible year-to-date return of 116.6%. For context, the S&P 500 index has risen by 18.8% so far in 2024.

根据CalcBench数据，iShares比特币信托（NYSE：IBTC）ETF的年度逐年回报率为116.6％。在上下文中，到目前为止，标准普尔500指数在2024年上升了18.8％。

These stellar returns, which come despite recent market volatility and pessimistic economic forecasts, highlight the strong demand for crypto products among institutional investors.

尽管最近的市场波动和悲观的经济预测，这些出色的回报却出现了，它突出了机构投资者对加密产品的强劲需求。

These issuers are also helping reduce Bitcoin’s price volatility, which could make BTC more stable in the long run.

这些发行人还有助于降低比特币的价格波动，从长远来看，这可能会使BTC更加稳定。

Highlighting this new stability, Bright Space Ventures analyst Darren Yaw stated that these large issuers are quickly mopping up retail-driven sell-offs which would otherwise trigger sharp market drops.

Bright Space Ventures分析师Darren Yaw强调了这种新的稳定性，这些大型发行人正在迅速拖延零售驱动的抛售，否则这些售罄将触发急剧的市场下降。

"The interesting tidbit is that U.S.-based ETF issuers have been purchasing an astounding amount of Bitcoin in recent months," Yaw explained.

Yaw解释说：“有趣的是，近几个月来，总部位于美国的ETF发行人购买了惊人的比特币。”

"In December, their collective stash reportedly surpassed the estimated holdings of Satoshi Nakamoto. Moreover, in January alone, their purchases were nearly twenty times greater than the total global BTC mining output."

“据报道，12月，他们的集体储藏量超过了纳卡本的估计持股。此外，仅在1月份，他们的购买就比全球BTC挖掘总量总数近二十倍。”

This new level of stability depends heavily on the ongoing participation of these large players, who themselves are exposed to broader global economic events.

这种新的稳定水平在很大程度上取决于这些大型参与者的持续参与，他们本身承受着更广泛的全球经济事件。

Bitcoin Remains Surprisingly Strong Despite Trump's Tariffs

尽管特朗普的关税，比特币仍然令人惊讶

The former president's administration is reportedly planning to impose tariffs on nearly all goods from China, sparking fears of a global trade war that could devastate the global economy.

据报道，这位前总统政府计划对中国几乎所有商品征收关税，这引发了人们对可能破坏全球经济的全球贸易战的担忧。

However, despite this uncertainty, Bitcoin has maintained a relatively performance. While its price has dropped from its all-time high in January, it still trades well above pre-election levels.

但是，尽管存在这种不确定性，但比特币仍保持相对性能。尽管其价格从一月份的历史最高高价下降，但其交易仍远高于选举前水平。

This unexpected resilience has sparked debate among analysts about what is driving this price floor.

这种意外的韧性引发了分析师之间关于什么推动这一价格的辩论。

According to analyst Eric Balchunas, this stability can be partly explained by the growing influence of Bitcoin ETFs.

根据分析师埃里克·巴尔库纳斯（Eric Balchunas）的说法，这种稳定性可以通过比特币ETF的不断增长的影响来部分解释。

"Bitcoin ETFs have continued to see inflows both over the past month and year-to-date. IBIT alone has clocked in at $2.4 billion in 2024, placing it in the top 1% of ETFs (out of 2,400+). That kind of investor base helps explain why BTC has remained so stable. These ETF holders are far stronger hands than most assume, and that has long-term implications for volatility and price correlation."

“比特币ETF在过去的一个月和年度至今中都继续看到流入。仅IBIT在2024年就达到了24亿美元的收入，将其置于前1％的ETF（在2,400多个以上）中。这种投资者基础有助于BTC如此稳定地解释了这些ETF持续的势力。