在市场动荡之际，加密货币基金连续第二周出现资金外流

过去一周，加密货币投资基金的资金流出总额达2​​.06亿美元，延续了两周的趋势。 LINK、DOT、XRP 和 ADA 等山寨币出现资金流入，而以太坊和比特币产品则分别出现 3220 万美元和 1.9233 亿美元的大幅流出。投资者兴趣下降可能是由于对持续高利率的担忧，但指标表明，由于交易所供应减少和即将到来的减半事件，比特币价值可能会飙升。

Cryptocurrency Investment Funds Witness Second Week of Outflows Amidst Market Turmoil

市场动荡中加密货币投资基金连续第二周出现资金外流

The cryptocurrency market has experienced a second consecutive week of outflows, with investors withdrawing a total of $206 million from digital asset funds. However, altcoins, including Chainlink ($LINK), Polkadot ($DOT), XRP ($XRP), and Cardano ($ADA), have bucked the trend and witnessed significant inflows.

加密货币市场连续第二周出现资金流出，投资者从数字资产基金撤资总计 2.06 亿美元。然而，包括 Chainlink ($LINK)、Polkadot ($DOT)、XRP ($XRP) 和 Cardano ($ADA) 在内的山寨币却逆势而上，见证了大量资金流入。

Shifting Preferences Amidst Fed Interest Rate Concerns

美联储利率担忧中偏好的转变

According to CoinShares' latest Digital Asset Fund Flows report, investment products offering exposure to multiple digital currencies recorded inflows of $8.55 million over the past week. Litecoin ($LTC), often dubbed the "silver to Bitcoin's gold," attracted $3.2 million of inflows.

根据 CoinShares 最新的数字资产资金流向报告，过去一周，提供多种数字货币投资的投资产品流入了 855 万美元。莱特币（$LTC）通常被称为“比特币黄金中的白银”，吸引了 320 万美元的资金流入。

Altcoins have emerged as safe havens amidst investor concerns over rising interest rates. Chainlink and Polkadot saw inflows of $1.73 million and $1.45 million, respectively, while Avalanche ($AVAX), XRP, and Algorand ($ALGO) garnered inflows of $1.43 million, $1.33 million, and $1.04 million, respectively.

在投资者对利率上升的担忧中，山寨币已成为避风港。 Chainlink 和 Polkadot 的资金流入分别为 173 万美元和 145 万美元，而 Avalanche ($AVAX)、XRP 和 Algorand ($ALGO) 的资金流入分别为 143 万美元、133 万美元和 104 万美元。

Cardano-focused products, though witnessing inflows below $1 million, surpassed the outflows experienced by Bitcoin Cash, Solana, and Short Bitcoin products, each of which recorded outflows exceeding $300,000.

以卡尔达诺为中心的产品虽然流入量低于 100 万美元，但超过了比特币现金、Solana 和空头比特币产品的流出量，这些产品的流出量均超过 30 万美元。

In stark contrast, Ethereum ($ETH)-focused products faced outflows of $32.2 million, while Bitcoin ($BTC) investment products witnessed outflows of $192.33 million. Investors have retreated from these flagship cryptocurrencies amidst heightened concerns that the Federal Reserve will maintain historically high interest rates for an extended period.

形成鲜明对比的是，以太坊（$ETH）投资产品面临 3220 万美元的资金外流，而比特币（$BTC）投资产品则出现 1.9233 亿美元的资金外流。由于人们越来越担心美联储将长期维持历史高位利率，投资者已从这些旗舰加密货币中撤出。

Impact of Fed's Hawkish Stance

美联储鹰派立场的影响

Analysts attribute the waning investor interest in exchange-traded products (ETPs), particularly those focused on Bitcoin, to the Federal Reserve's hawkish stance on interest rates. The prospect of prolonged high rates has dampened investor enthusiasm for riskier assets like digital currencies.

分析师将投资者对交易所交易产品（ETP）的兴趣减弱，尤其是那些专注于比特币的产品，归因于美联储对利率的强硬立场。长期高利率的前景削弱了投资者对数字货币等风险较高资产的热情。

Bullish Outlook for Bitcoin Despite Outflows

尽管资金外流，比特币前景仍看涨

Despite the outflows, Bitcoin could experience a significant upsurge in the near future. The available supply of Bitcoin on centralized cryptocurrency exchanges is expected to dwindle, while its scarcity is poised to double after its upcoming halving event.

尽管出现资金外流，但比特币在不久的将来可能会经历大幅上涨。集中式加密货币交易所上的比特币供应量预计将减少，而在即将到来的减半事件后，其稀缺性将增加一倍。

A report by cryptocurrency exchange Bybit suggests that the halving event could trigger a short squeeze, as only nine months remain before the total supply of Bitcoin on centralized exchanges is depleted. The report estimates that there are only 2 million BTC left on exchanges, and assuming a daily inflow of $500 million from spot Bitcoin ETFs, 7,142 BTC will be withdrawn from exchange reserves each day.

加密货币交易所 Bybit 的一份报告表明，减半事件可能会引发轧空，因为距离中心化交易所的比特币总供应量只剩九个月了。该报告估计，交易所中只剩下 200 万枚 BTC，假设每天从现货比特币 ETF 流入 5 亿美元，每天将从交易所储备中提取 7,142 枚 BTC。

Conclusion

结论

The cryptocurrency market is undergoing a period of turbulence, with outflows from investment funds and investor sentiment being influenced by external factors such as rising interest rates. However, altcoins have emerged as potential safe havens, while Bitcoin's long-term outlook remains bullish due to its diminishing supply and upcoming halving event.

加密货币市场正经历一段动荡时期，投资基金流出，投资者情绪受到利率上升等外部因素影响。然而，山寨币已成为潜在的避风港，而由于供应量减少和即将到来的减半事件，比特币的长期前景仍然看涨。