法国巴黎银行通过比特币 ETF 投资创造历史

管理着超过 6000 亿美元资产的欧洲第二大银行法国巴黎银行 (BNP Paribas) 已进入比特币 ETF 市场，对贝莱德 (BlackRock) 的 iShares 比特币信托 ETF (IBIT) 进行了适度投资。此举表明，尽管传统银行此前因数字货币的波动性和监管不确定性而采取谨慎立场，但其对加密货币投资的信心日益增强。

BNP Paribas Ventures into Cryptocurrency with Bitcoin ETF Investment

法国巴黎银行通过比特币 ETF 投资进军加密货币领域

May 2, 2024

2024 年 5 月 2 日

Paris, France - In a significant move for the European banking sector, BNP Paribas has become the latest major institution to enter the cryptocurrency market. The bank has invested $40,000 in BlackRock's iShares Bitcoin Trust ETF (IBIT), as revealed in its latest 13F regulatory filing.

法国巴黎 - 法国巴黎银行成为最新进入加密货币市场的主要机构，这是欧洲银行业的一项重大举措。据最新的 13F 监管文件披露，该银行已向 BlackRock 的 iShares Bitcoin Trust ETF (IBIT) 投资了 40,000 美元。

13F Filings: A Window into Institutional Investment Strategies

13F 文件：了解机构投资策略的窗口

13F filings are mandatory quarterly reports required of institutional investors managing over $100 million in assets. They provide a comprehensive snapshot of their holdings, offering valuable insights into their investment strategies. The inclusion of Bitcoin ETFs in these filings is a clear indication of the growing interest in cryptocurrencies among traditional financial institutions.

13F 备案是管理超过 1 亿美元资产的机构投资者必须提交的强制性季度报告。他们提供了其持股的全面概况，为他们的投资策略提供了宝贵的见解。这些文件中包含比特币 ETF 清楚地表明传统金融机构对加密货币的兴趣日益浓厚。

BNP Paribas' Strategic Move

法国巴黎银行的战略举措

BNP Paribas' modest investment in Bitcoin ETFs may seem relatively small, but it holds significant implications. As one of the largest banks in Europe, with over $600 billion in assets under management, its move signals a growing level of acceptance and comfort with cryptocurrency investments.

法国巴黎银行对比特币 ETF 的适度投资看似相对较小，但具有重大意义。作为欧洲最大的银行之一，管理着超过 6000 亿美元的资产，其此举标志着人们对加密货币投资的接受度和舒适度不断提高。

Choosing a Spot Bitcoin ETF: A Measured Approach

选择现货比特币 ETF：一种谨慎的方法

Unlike direct investments in digital currencies, which carry inherent volatility and regulatory uncertainty, BNP Paribas has opted to gain cryptocurrency exposure through a spot Bitcoin ETF. Spot ETFs track the real-time price of the underlying asset, in this case Bitcoin, but are traded on regulated exchanges. This provides investors with a more convenient and potentially less risky way to access the cryptocurrency market.

与具有固有波动性和监管不确定性的数字货币直接投资不同，法国巴黎银行选择通过现货比特币 ETF 来获得加密货币敞口。现货 ETF 跟踪标的资产（在本例中为比特币）的实时价格，但在受监管的交易所进行交易。这为投资者提供了一种更方便、风险更低的进入加密货币市场的方式。

Market Anticipation for Bitcoin ETFs

市场对比特币ETF的预期

The debut of BlackRock's iShares Bitcoin Trust ETF has been eagerly anticipated by the market. Investors have been closely monitoring 13F filings to identify which major institutions are moving into the Bitcoin ETF space. BNP Paribas' entry into this market is a clear indication of the growing institutional interest in Bitcoin ETFs.

贝莱德旗下iShares比特币信托ETF的首次亮相受到了市场的热切期待。投资者一直在密切关注 13F 的文件，以确定哪些主要机构正在进入比特币 ETF 领域。法国巴黎银行进入这个市场清楚地表明机构对比特币 ETF 的兴趣日益浓厚。

Recent Outflows from Major Bitcoin ETFs

近期主要比特币 ETF 资金流出

While BNP Paribas is making its first steps into Bitcoin ETFs, recent data reveals a trend of significant sales by major ETFs. On May 1st, Fidelity, GBTC, ARK Investments, and Blackrock reported substantial outflows from their Bitcoin ETFs. These transactions resulted in a total net outflow of 9,750 Bitcoin, equivalent to approximately $564 million.

虽然法国巴黎银行正在迈出比特币 ETF 的第一步，但最近的数据显示主要 ETF 的大幅销售趋势。 5 月 1 日，富达、GBTC、ARK Investments 和 Blackrock 报告称，其比特币 ETF 出现大量资金流出。这些交易导致总共净流出 9,750 个比特币，相当于约 5.64 亿美元。

Investor Sentiment and Portfolio Strategies

投资者情绪和投资组合策略

The recent outflows from Bitcoin ETFs indicate a shift in investor sentiment and portfolio strategies. Some of the leading ETFs in the crypto space are adjusting their holdings, suggesting a rebalancing of risk and a potential shift in investor appetite for Bitcoin.

最近比特币 ETF 的资金流出表明投资者情绪和投资组合策略发生了转变。加密货币领域的一些领先 ETF 正在调整其持仓，这表明风险的重新平衡以及投资者对比特币兴趣的潜在转变。

Conclusion

结论

BNP Paribas' investment in Bitcoin ETFs is a significant development in the European banking sector. It signals a growing acceptance and comfort level with cryptocurrencies among traditional financial institutions. While the investment is modest, it is likely to be followed by other major banks as the cryptocurrency market continues to mature and gain institutional legitimacy.

法国巴黎银行对比特币 ETF 的投资是欧洲银行业的重大发展。这标志着传统金融机构对加密货币的接受度和舒适度不断提高。虽然投资规模不大，但随着加密货币市场不断成熟并获得机构合法性，其他主要银行可能会效仿。