在 ETF 狂潮中，比特币的主导地位飙升至三年来的峰值

在美国 ETF 的浓厚兴趣推动下，比特币在加密货币市场的主导地位已达到三年来的最高点。目前，它占据了 2.4 万亿美元市场的近 55%，上次出现这一水平是在 2021 年 4 月。这种主导地位是由贝莱德和富达投资等公司最近推出的现货 ETF 推动的，这些公司迅速积累了近 560 亿美元的资产。

Bitcoin Dominance Soars to Three-Year High Amidst ETF Frenzy

在 ETF 狂潮中，比特币的主导地位飙升至三年高点

In a market surge driven by unprecedented interest in U.S. exchange-traded funds (ETFs), Bitcoin's market dominance has soared to a three-year peak. According to CoinMarketCap data, Bitcoin now commands a staggering 55% of the $2.4 trillion virtual currency market, a level not witnessed since April 2021.

在美国交易所交易基金（ETF）前所未有的兴趣推动下，比特币的市场主导地位飙升至三年来的最高点。根据 CoinMarketCap 数据，比特币目前在 2.4 万亿美元的虚拟货币市场中占据了惊人的 55%，这是自 2021 年 4 月以来从未见过的水平。

The recent introduction of U.S. spot ETFs by investment giants such as BlackRock and Fidelity Investments has catapulted Bitcoin to remarkable heights. These ETFs, which provide investors with exposure to the digital asset without the need for direct ownership, have amassed nearly $56 billion in assets. The influx of capital propelled Bitcoin to a record high of $73,798 in mid-March.

贝莱德（BlackRock）和富达投资（Fidelity Investments）等投资巨头最近推出了美国现货 ETF，将比特币推向了惊人的高度。这些 ETF 为投资者提供了接​​触数字资产的机会，而无需直接拥有所有权，已积累了近 560 亿美元的资产。资本涌入推动比特币在 3 月中旬创下 73,798 美元的历史新高。

Despite a modest 6% decline from its peak, Bitcoin has significantly outperformed its smaller counterparts. Altcoins, once the darlings of the cryptosphere, have suffered a steeper decline of over 30%, as waning expectations of a looser U.S. monetary policy dampen speculative investments.

尽管比特币较峰值小幅下跌 6%，但其表现仍明显优于规模较小的同类货币。由于对美国宽松货币政策的预期减弱抑制了投机性投资，曾经是加密货币界宠儿的山寨币遭受了超过 30% 的更大幅度跌幅。

Benjamin Celermajer, director at digital-asset investment manager Magnet Capital, attributes Bitcoin's resilience to institutional investors' allocations to U.S. ETFs. "These allocations have resulted in Bitcoin performing very strongly relative to the rest of the market," he explained.

数字资产投资管理公司 Magnet Capital 总监 Benjamin Celermajer 将比特币的弹性归因于机构投资者对美国 ETF 的配置。他解释说：“这些分配导致比特币相对于市场的其他部分表现非常强劲。”

The bullish sentiment has also been fueled by the introduction of Hong Kong-listed ETFs for Bitcoin and Ether (ETH). Bitcoin has gained 4.3% to trade at $66,575, while ETH has surged 6.2% to $3,260. The rally has had a ripple effect on other cryptocurrencies, including Polygon, Cardano, and Dogecoin.

香港上市的比特币和以太币 ETF 的推出也加剧了看涨情绪。比特币上涨 4.3%，至 66,575 美元，而 ETH 则飙升 6.2%，至 3,260 美元。此次上涨对其他加密货币产生了连锁反应，包括 Polygon、Cardano 和 Dogecoin。

Market participants are now casting their gaze towards the highly anticipated halving event slated for April 20. This event, which occurs approximately every four years, involves a 50% reduction in the new supply of Bitcoin tokens. While past halving events have historically spurred price increases, the impact of the upcoming halving remains uncertain given Bitcoin's recent peak performance.

市场参与者现在将目光投向了备受期待的 4 月 20 日减半事件。这一事件大约每四年发生一次，涉及比特币代币新增供应量减少 50%。虽然过去的减半事件历史上刺激了价格上涨，但鉴于比特币最近的峰值表现，即将到来的减半的影响仍然不确定。

Industry experts caution that the surge in Bitcoin dominance may not be sustainable in the long term. As the market matures and competition intensifies, altcoins could potentially regain market share. However, for the foreseeable future, Bitcoin's reign as the undisputed leader of the cryptocurrency sector appears secure.

行业专家警告称，从长远来看，比特币主导地位的飙升可能无法持续。随着市场的成熟和竞争的加剧，山寨币有可能重新获得市场份额。然而，在可预见的未来，比特币作为加密货币领域无可争议的领导者的统治似乎是稳固的。