Coinshares报告称，数字资产投资产品连续第四周流出

欧洲著名数字资产经理Coinshares今天早些时候发布了有关加密货币投资流量的最新报告。研究结果表明，数字资产投资

CoinShares, a distinguished European digital asset manager, has unveiled its latest report on cryptocurrency investment flows, presenting a snapshot of the market trends.

杰出的欧洲数字资产经理Coinshares宣布了其有关加密货币投资流量的最新报告，展示了市场趋势的快照。

According to CoinShares’ report released earlier today, May 7, digital asset investment products encountered their fourth consecutive week of outflows. The report's findings disclosed that the outflows totaled $876 million over the past week.

根据Coinshares今天早些时候发布的Coinshares报告，5月7日，数字资产投资产品连续第四周遇到了流出。该报告的调查结果表明，在过去一周中，流出总额为8.76亿美元。

Despite the slowdown in outflows compared to previous weeks, which reached their highest point at $3.3 billion in mid-April, CoinShares' Head of Research, James Butterfill, highlighted that investor sentiment continues to lean bearish.

尽管与前几周相比，流出量放缓，但在4月中旬，Coinshares的研究负责人詹姆斯·巴特菲尔（James Butterfill）达到了最高点的33亿美元，他强调说，投资者的情绪继续倾斜。

"Investors pulled out of crypto net inflows for a fourth week, with outflows slowing to $876 million. Investors pulled out of U.S. products the strongest, with the majority of outflows going into Bitcoin and short-Bitcoin products," Butterfill stated.

Butterfill说：“投资者在第四周退出了加密货币净流入，流出速度放缓至8.76亿美元。投资者从美国产品中抽出了最强的产品，大部分流出进入比特币和短币产品。”

CoinShares noted that over the past four-week period, cumulative outflows reached $4.75 billion, impacting the year-to-date inflows, which now stand at $2.6 billion.

Coinshares指出，在过去的四周期间，累积流出达到47.5亿美元，影响了年初的流入，目前为26亿美元。

As a result of the outflows and a combination of negative price movements, CoinShares's total assets under management (AUM) in digital assets have decreased by $39 billion from their previous peak, now sitting at $142 billion. This marks the lowest point for AUM since mid-November 2024.

由于流出和负价格变动的结合，Coinshares在数字资产中管理的总资产（AUM）的总资产比以前的峰值下降了390亿美元，现在为1420亿美元。这标志着自2024年11月中旬以来AUM的最低点。

The report further indicated that US investors showed the strongest bearish tendencies, pulling out $922 million during the week. In contrast, other regions interpreted the market conditions as a buying opportunity. Switzerland led the inflows with $23 million, Canada and Germany followed with $14.7 million and $13.3 million respectively.

该报告进一步表明，美国的投资者表现出最强烈的看跌趋势，一周中撤出了9.22亿美元。相反，其他地区将市场条件解释为购买机会。瑞士以2300万美元的价格领先，加拿大和德国的流入分别为1470万美元和1330万美元。

In terms of asset-specific trends, Bitcoin (BTC) dominated the outflows, with investors withdrawing a significant sum of $756 million from Bitcoin products.

就资产特定趋势而言，比特币（BTC）主导了流出，投资者从比特币产品中撤出了7.56亿美元。

Additionally, short-Bitcoin products also saw outflows totaling $19.8 million, the largest since December 2024. These outflows from Bitcoin products suggest that investors are becoming more pessimistic on the cryptocurrency market.

此外，短币产品还看到了总计1,980万美元的外流，这是自2024年12月以来最大的。这些来自比特币产品的外流表明投资者对加密货币市场变得越来越悲观。

Among altcoins, Ethereum (ETH) experienced the most substantial outflows with $89 million, while Tron (TRX) and Aave (AAVE) saw smaller outflows of $32 million and $2.4 million respectively.

在Altcoins中，以太坊（ETH）经历了最重要的外流，其8900万美元，而Tron（TRX）和AAVE（AAVE）的流出分别为3200万美元和240万美元。

On the other hand, a few altcoins recorded inflows. Solana (SOL) attracted the largest inflow with $16.4 million, XRP saw an inflow of $5.6 million, and Sui (SUI) received $2.7 million in the reporting period.

另一方面，一些Altcoins记录了流入。 Solana（Sol）以1640万美元的价格吸引了最大的流入，XRP的流入量为560万美元，SUI（SUI）在报告期内获得了270万美元。

Crypto Market Performance

加密市场表现

Amid the negative fund flows reported by CoinShares, the overall crypto market performance has shown a similar downward trend, reflecting a steady decline in valuation.

在Coinshares报告的负基金流量中，总体加密市场表现显示出相似的下降趋势，反映了估值的稳定下降。

Particularly, according to data from CoinGecko, over the past week, the global cryptocurrency market capitalization has plunged from $3.26 trillion seen last Monday to $2.81 trillion as of today—roughly $450 billion decline.

尤其是，根据Coingecko的数据，在过去一周中，全球加密货币市值从上周一的3.26万亿美元跌至今天的2.81万亿美元，截至今天的2.81万亿美元下降了4500亿美元。

This drop comes as a result of the unstable upward momentum from BTC. This lack of upside momentum has led to BTC seeing more decrease in price than increase. In the past 7 days, Bitcoin has seen an 11.3% drop.

该下降是由于BTC不稳定的向上动力而产生的。这种缺乏上升动力导致BTC的价格下降比上涨更多。在过去的7天中，比特币下降了11.3％。

Its past day price action has also added to this negative performance with BTC currently trading at a price of $82,370, marking an additional 2.3% drop to its price.

过去一日价格的行动还增加了这种负面业绩，而BTC目前以82,370美元的价格交易，标志着其价格下降了2.3％。

The continous drop from BTC has been pushing the asset further away from its all-time high above $109,000 registered in January. At current market price, BTC is down nearly 25% from this peak.

BTC的持续下降一直将资产推向1月注册的109,000美元以上的历史高处。以目前的市场价格，BTC比这个峰值下降了近25％。

Other major cryptocurrencies including Ethereum and Solana have also followed BTC closely in its bearishness with both assets down by 11.9% and 22.9% respectively over the past 7 days.

在过去的7天中，包括以太坊和索拉纳在内的其他主要加密货币也紧随其后，这两种资产分别下降了11.9％和22.9％。