加密货币交换产品面临更新的压力

这标志着两周的流入后突然转变，总共达到了8.7亿美元。

Cryptocurrency exchange-traded products (ETPs) faced renewed pressure last week as investors pulled $240 million from the market, according to CoinShares’ April 7 report. This marked a sudden shift after two weeks of inflows, which had collectively reached $870 million.

根据Coinshares 4月7日的报告，由于投资者从市场上筹集了2.4亿美元，因此加密货币交易所交易产品（ETP）面临新的压力。这标志着两周的流入后突然转变，总共达到了8.7亿美元。

Even with the dip, the total value held in digital asset ETPs stood at $132.6 billion, indicating a 0.8% increase from the previous week. In comparison, traditional assets like MSCI World equities saw a more substantial 8.5% fall over the same timeframe.

即使下降，数字资产ETP的总价值仍为1326亿美元，表明比上周增加了0.8％。相比之下，像MSCI World Equities这样的传统资产在同一时间范围内降低了8.5％的幅度。

James Butterfill, the Head of Research at CoinShares, linked the recent outflows to investor caution amid global trade tariffs imposed by the United States and concerns about their potential impact on global economic growth.

Coinshares的研究负责人詹姆斯·巴特菲尔（James Butterfill）将最近的流出与投资者联系起来，在美国对全球贸易关税中的谨慎，并担心它们对全球经济增长的潜在影响。

Bitcoin ETPs Lead with $207 Million in Withdrawals

比特币ETP以2.07亿美元的提款领先

ETPs tracking Bitcoin encountered the most significant outflows, with weekly withdrawals amounting to $207 million. This development also marked the first instance of monthly flows turning negative in 2025. Over the past 30 days, Bitcoin ETPs have recorded $138 million in net outflows.

ETP跟踪比特币遇到了最重要的流出，每周提款达2.07亿美元。这一发展也标志着2025年每月流量变量的第一次实例。在过去的30天中，比特币ETP的净出水流已达到1.38亿美元。

However, despite the recent setback, Bitcoin ETPs continue to display strength on a yearly scale. Since the beginning of the year, these products have attracted $1.3 billion in inflows.

然而，尽管最近遇到了挫折，但比特币ETP仍会每年显示强度。自今年年初以来，这些产品吸引了13亿美元的流入。

ETPs focused on Ethereum also registered outflows of $38 million for the week, but year-to-date figures for the yellow coin remained positive at $279 million.

ETP专注于以太坊的ETP还注册了本周的3800万美元外流，但是黄色硬币的年及以日期的数字仍为2.79亿美元。

Other digital assets also faced headwinds. Solana ETPs recorded outflows of $1.8 million, while Sui products saw outflows of $4.7 million. Multi-asset and short Bitcoin Products saw yearly outflows of $144 million and $26 million respectively, despite receiving minor inflows of $2.6 million and $3.4 million respectively in the past week.

其他数字资产也面临逆风。 Solana ETP的流出量为180万美元，而SUI产品的流出量为470万美元。尽管过去一周中分别获得260万美元和340万美元的次要流入，但多资产和短币产品的年度流出分别为1.44亿美元和2600万美元。

Grayscale Leads with the Biggest Losses in ETPs

灰度领先于ETP中最大的损失

Among fund providers, Grayscale Investments encountered the largest losses with its ETPs reporting weekly outflows of $95 million. This move pushed Grayscale’s total year-to-date withdrawals to $1.4 billion, the highest among all issuers tracked by CoinShares.

在基金提供商中，Grayscale Investments遇到了最大的损失，其ETP的报告每周外流量为9500万美元。此举将Grayscale的年总撤回率提高到14亿美元，这是Coinshares追踪的所有发行人中最高的。

In contrast, iShares ETFs by BlackRock saw outflows of $56 million last week but lead the industry with $3.2 billion in inflows since January. ProShares and ARK Invest also remained in positive territory, reporting year-to-date inflows of $398 million and $146 million respectively.

相比之下，贝莱德（Blackrock）的iShares ETF上周流出了5600万美元，但自一月以来以32亿美元的流入为行业。 Proshares和Ark Invest也保持在积极的领域，报告年度至今分别为3.98亿美元和1.46亿美元。

Regionally, most of the pullback came from the United States and Germany, which together accounted for outflows of $227.7 million—$210 million from the U.S. and $17.7 million from Germany. But not everyone followed the retreat. In Canada, investors took the downturn as a signal to buy, contributing inflows of $4.8 million during the same week.

在区域上，大部分回调来自美国和德国，这些次数总计占2.277亿美元的流出，来自美国的2.1亿美元，来自德国的1770万美元。但是并不是每个人都遵循撤退。在加拿大，投资者以低迷的方式作为购买信号，同一周贡献了480万美元的流入。