尽管市场集会广泛，但美国比特币ETF的净流出$ 1.2712亿美元

根据Sosovalue的数据，尽管市场集会广泛，但美国现货比特币交易所贸易资金在周三的净流出量为1.2712亿美元。

Despite a broad market rally, U.S. spot bitcoin exchange-traded funds recorded $127.12 million in net outflows on Wednesday, according to SosoValue. The withdrawals came after former President Donald Trump announced a 90-day pause on new tariffs and reduced some duties.

根据Sosovalue的数据，尽管市场集会广泛，但美国现货比特币交易所贸易资金在周三的净流出量为1.2712亿美元。在前总统唐纳德·特朗普（Donald Trump）宣布对新的关税停顿90天并减少了一些职责之后，提款进行了。

However, the Bitcoin ETF showed weakness even as traditional and digital asset markets posted strong gains.

但是，即使传统和数字资产市场的收益很大，比特币ETF也表现出弱点。

Bitcoin ETF Withdrawals Extend Losing Streak

比特币ETF提取延长了连胜

BlackRock’s iShares Bitcoin Trust (IBIT) saw massive outflows of $89.71 million during Wednesday’s trading until 13:30 ET. The recent outflows represent a significant change in investor sentiment toward the most well-known spot, Bitcoin ETF. The fund’s market performance indicated a lack of investment confidence among institutional investment groups despite the overall rally.

贝莱德（Blackrock）的iShares比特币信托（IBIT）在周三的交易中，直到美国东部时间13:30的交易中，大量流出了8,971万美元。最近的流出代表了投资者对最著名的位置比特币ETF的重大变化。该基金的市场绩效表明，尽管进行了整​​体集会，但机构投资集团缺乏投资信心。

The persistent outflows from spot Bitcoin ETFs extended their five-day consecutive loss streak. While the crypto market displayed positive trends, investors chose to withdraw money from leading Bitcoin ETF products. Market experts noted how ETF money movements were separate from the overall crypto asset price developments.

持续的比特币ETF流出了连续为期五天的损失连胜。尽管加密市场表现出积极的趋势，但投资者选择从领先的比特币ETF产品中提取资金。市场专家指出，ETF货币运动如何与整体加密资产价格发展分开。

According to , doubts regarding U.S.-China trade policies and intergovernmental relationships might have caused the funding slowdown. Trump’s tariff delay boosted investment sentiment but did not fully restore optimistic behavior across all investment categories. According to investor behavior, the ETF market appeared to be manipulated to its capacity and vulnerable to future market swings.

根据，对美国 - 中国贸易政策和政府间关系的怀疑可能导致资金放缓。特朗普的关税延迟提高了投资情绪，但并未完全恢复所有投资类别的乐观行为。根据投资者的行为，ETF市场似乎被操纵其能力，并且容易受到未来市场的影响。

Grayscale’s GBTC and Others Also See Withdrawals

灰度的GBTC和其他人也看到提款

The Bitcoin Trust of Grayscale experienced net outflows of $33.8 million on that day, continuing its stream of capital depletion. The spot Bitcoin ETFs operated by VanEck and WisdomTree also saw minor but steady outflows. The price increase, combined with favorable market conditions, did not deter these moves.

灰度的比特币信托当天经历了3380万美元的净流出，继续其资本耗尽。 Vaneck和WisdomTree操作的现货比特币ETF也看到了轻微但稳定的流出。价格上涨，加上有利的市场条件，并没有阻止这些举动。

GBTC suffered from persistent capital loss following its transformation into a spot ETF while competing against newer funds. Negative market conditions, coupled with policy uncertainty, are pushing investors toward alternative bitcoin products, leading to a decrease in passive investment in bitcoin products overall. This liquidity movement occurred as financial markets displayed daily market gains.

GBTC在与新资金竞争的同时转变为现场ETF后，遭受了持续的资本损失。负面的市场状况，加上政策不确定性，正在推动投资者进入替代比特币产品，从而导致对比特币产品的被动投资总体下降。这种流动性运动发生在金融市场显示每日市场增长时。

The Standard & Poor’s 500 and Nasdaq indexes showed strong increases, indicating market approval. Crypto-related investment products lagged behind other funds when considering how selectively investors approached their investments. The pending trade issues between China and the U.S. keep some traders in a cautious observation stance.

标准普尔的500和纳斯达克指数显示出强劲的增长，表明市场认可。在考虑有选择性的投资者对投资的方式时，与加密相关的投资产品落后于其他资金。中国与美国之间未决的贸易问题使一些商人保持谨慎的观察立场。

Bitwise’s BITB Bucks Trend with Fresh Inflows

Bitwise的BitB雄鹿趋势随着新鲜流入

Only BITB, from Bitwise, among the U.S. spot Bitcoin ETFs, recorded inflows, receiving $6.71 million on Wednesday. Market doubt and uncertainty did not deter investors from investing in this fund because they prefer to hold crypto for extended periods. The fund stands as a key member of emerging ETFs, attracting investors during market volatility.

在美国现货比特币ETF中，只有比特布（BitB）记录了流入，在周三获得了671万美元。市场疑问和不确定性并没有阻止投资者投资该基金，因为他们更喜欢长时间持有加密货币。该基金是新兴ETF的主要成员，在市场波动期间吸引了投资者。

The 3.08% increase in bitcoin trading during the period, reaching a new high of $79,419 according to CoinMarketCap, coincided with BITB receiving $6.71 million in funds. Ether also saw an 11.08% price increase during this time as it reached $1,617 levels, strengthening altcoin market sentiment. The market realized improved trade conditions and stronger equity valuations, which positively affected both cryptocurrencies.

根据CoinMarketCap的数据，在此期间，比特币交易的3.08％增加了79,419美元，与BITB获得671万美元的资金相关。在此期间，Ether的价格上涨了11.08％，因为它达到了1,617美元的水平，从而加强了Altcoin市场的情绪。市场实现了改善的贸易条件和更强大的股权估值，从而对这两种加密货币产生了积极影响。

Klefer’s Financial Services Limited attracted a small amount of investment into its BITB product, but this movement indicated that investors only trust specific ETF producers. Fund providers vary in their success at attracting investment capital as macroeconomic factors evolve. Market actors will adjust their portfolio allocations based on political events and regulatory changes.

克莱弗（Klefer）的金融服务有限公司（Financial Services Limited）吸引了对其BITB产品的少量投资，但该运动表明投资者仅信任特定于ETF的生产商。随着宏观经济因素的发展，基金提供商在吸引投资资本方面取得的成功有所不同。市场参与者将根据政治事件和监管变化来调整其投资组合分配。