贝莱德 IBIT 重新定义 ETF 市场，提升比特币地位

贝莱德 IBIT 的迅速崛起主导了现货和期权市场，并推动比特币历史性飙升至历史新高。

BlackRock, the world’s largest asset manager with over $11 Trillion in assets, has played a pivotal role in boosting investor confidence in its offerings. Simply associating BlackRock’s name with an asset often seems to enhance its legitimacy and credibility.

贝莱德是全球最大的资产管理公司，拥有超过 11 万亿美元的资产，在增强投资者对其产品的信心方面发挥了关键作用。简单地将贝莱德的名字与一项资产联系起来往往似乎可以增强其合法性和可信度。

The rapid growth of BlackRock’s iShares Bitcoin Trust (IBIT) has been instrumental in Bitcoin’s price surge, helping the digital asset cross the $100,000 milestone. In 2024, Blackrock’s IBIT made history by becoming the fastest-growing exchange-traded fund (ETF), an achievement that marks a groundbreaking moment in the financial sector.

贝莱德 iShares 比特币信托 (IBIT) 的快速增长在比特币价格飙升中发挥了重要作用，帮助该数字资产突破了 10 万美元的里程碑。 2024 年，贝莱德的 IBIT 创造了历史，成为增长最快的交易所交易基金 (ETF)，这一成就标志着金融领域的突破性时刻。

Blackrock’s IBIT has redefined success in the ETF market. The giant had shattered records by amassing over $50 Billion in assets under management (AUM) within just 11 months of its 2024 launch.

Blackrock 的 IBIT 重新定义了 ETF 市场的成功。该巨头在 2024 年推出后的短短 11 个月内就积累了超过 500 亿美元的管理资产 (AUM)，打破了记录。

At Bitcoin’s price peak, Blackrock’s IBIT’s AUM soared to $58.57 Billion. When writing, the IBIT was near $51.72 Billion as per SoSoValue.

在比特币价格顶峰时，贝莱德 IBIT 的资产管理规模飙升至 585.7 亿美元。根据 SoSoValue，在撰写本文时，IBIT 接近 517.2 亿美元。

Spot Bitcoin ETFs, which debuted in January 2024, have quickly gained traction among investors. These ETFs have collectively drawn $37.25 Billion in inflows and reached a combined $105.40 Billion in net assets. Leading this surge, Blackrock’s IBIT has captured the most share of inflows, cementing its position as the top choice for institutional and retail investors alike.

现货比特币 ETF 于 2024 年 1 月推出，迅速受到投资者的关注。这些 ETF 总共吸引了 372.5 亿美元的资金流入，净资产总计达到 1,054 亿美元。在这一浪潮中，贝莱德的 IBIT 占据了最大的资金流入份额，巩固了其作为机构和散户投资者首选的地位。

Blackrock’s Bitcoin ETF is achieving remarkable financial growth, presenting substantial revenue potential. With a gross expense ratio of 0.25%, the fund is expected to generate an impressive $112 Million annually from inflows.

贝莱德的比特币 ETF 正在实现显着的财务增长，呈现出巨大的收入潜力。该基金的总费用率为 0.25%，预计每年可从资金流入中产生令人印象深刻的 1.12 亿美元。

Among Bitcoin ETFs, IBIT also leads in trading activity, commanding more than 50% of daily trading volumes. Its stability is noteworthy, having recorded outflows on only nine occasions since its launch—an exceptional track record in a typically volatile market.

在比特币 ETF 中，IBIT 的交易活动也处于领先地位，占每日交易量的 50% 以上。其稳定性值得注意，自推出以来仅出现九次资金外流——在通常波动的市场中，这是一个非凡的记录。

BlackRock’s entry into Bitcoin ETFs was far from impulsive. As the giant overseeing $11 Trillion in assets, it has carefully navigated regulatory hurdles for years before finally launching IBIT in 2024. This strategic move highlights the firm’s calculated approach to entering the cryptocurrency space.

贝莱德进军比特币 ETF 绝非一时冲动。作为监管 11 万亿美元资产的巨头，它多年来一直小心翼翼地克服监管障碍，最终于 2024 年推出 IBIT。这一战略举措凸显了该公司进入加密货币领域的深思熟虑的方法。

The massive inflow into Blackrock’s IBIT has played a significant role in driving Bitcoin’s price past the $100,000 milestone. This has underscored the influence of BlackRock as a giant AUM firm.

贝莱德 IBIT 的大量资金流入在推动比特币价格突破 10 万美元里程碑方面发挥了重要作用。这突显了贝莱德作为资产管理规模巨头公司的影响力。

IBIT’s dominance has sent ripples across the ETF market, notably impacting gold ETFs, which have traditionally been viewed as safe havens. Over the past six months, gold ETFs have experienced substantial outflows, an occurrence that is rare in their history.

IBIT 的主导地位在 ETF 市场引发了连锁反应，特别是对传统上被视为避险资产的黄金 ETF 产生了显着影响。在过去的六个月里，黄金ETF经历了大幅资金流出，这在其历史上是罕见的。

Despite a robust market size of $274 Billion, gold ETFs are facing growing competition from Bitcoin-focused funds. Moreover, analysts are predicting that Blackrock’s IBIT could soon surpass the SPDR Gold Shares, the largest gold ETF.

尽管市场规模高达 2740 亿美元，黄金 ETF 仍面临来自专注于比特币的基金日益激烈的竞争。此外，分析师预测贝莱德的IBIT可能很快就会超过最大的黄金ETF SPDR Gold Shares。

Nate Geraci highlights this trend through a comparative chart, showcasing the trajectory of gold and Bitcoin ETFs in the U.S. market. While gold ETFs have been around since 2004, and Bitcoin ETFs, introduced in 2024, the adoption has seen a massive parabolic rise.

Nate Geraci 通过对比图表强调了这一趋势，展示了美国市场黄金和比特币 ETF 的发展轨迹。虽然黄金 ETF 自 2004 年就已出现，比特币 ETF 于 2024 年推出，但采用率却出现了大幅抛物线式增长。

The long years of adoption seen in gold were captured by Bitcoin ETF in a mere 11 months. It is increasingly seen as “digital gold.” This has positioned Bitcoin as a modern alternative to traditional precious metal investments.

比特币 ETF 在短短 11 个月内就捕捉到了黄金的长期采用趋势。它越来越被视为“数字黄金”。这使比特币成为传统贵金属投资的现代替代品。

Blackrock’s IBIT has redefined the ETF market and elevated Bitcoin’s status within the global financial ecosystem.

贝莱德的 IBIT 重新定义了 ETF 市场，并提升了比特币在全球金融生态系统中的地位。

At the close of 2024, U.S. Bitcoin ETFs collectively controlled over 1.104 million BTC, which is nearly equivalent to 5% of Bitcoin’s total supply. Moreover, this means BTC ETFs own more than the estimated 1.1 million BTC held by the cryptocurrency’s mysterious creator, Satoshi Nakamoto.

截至2024年底，美国比特币ETF总共控制了超过110.4万枚比特币，几乎相当于比特币总供应量的5%。此外，这意味着 BTC ETF 拥有的比特币数量超过了该加密货币的神秘创造者中本聪 (Satoshi Nakamoto) 估计持有的 110 万比特币。

BlackRock’s extensive Bitcoin acquisitions have cemented its position as the leading Bitcoin holder among U.S.-based spot Bitcoin ETFs.

贝莱德广泛的比特币收购巩固了其作为美国现货比特币 ETF 中领先比特币持有者的地位。

IBIT dominates this landscape by owning a staggering 551,917.9 BTC. This makes it the largest single Bitcoin holder among competing exchange-traded funds.

IBIT 拥有令人震惊的 551,917.9 BTC，在这一领域占据主导地位。这使其成为竞争性交易所交易基金中最大的单一比特币持有者。

In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.

在本文中，作者或任何提及的人陈述的观点和意见仅供参考，并不构成投资、财务或任何其他建议。交易或投资加密货币资产会带来财务损失的风险。