数字资产投资产品资金外流，山寨币在投资者谨慎中飙升

上周，由于投资者犹豫不决，数字资产投资产品出现了 1.26 亿美元的小幅流出。此前一段时期内资金流入最近达到 138 亿美元的峰值。美国的资金流出量最大，而德国的资金流入量为 2,900 万美元。 Decentraland、Basic Attention Token 和 LIDO 等山寨币吸引了资金流入，而比特币和以太坊则面临资金流出。

Digital Asset Investment Products Experience Outflows Amidst Investor Hesitancy, Altcoins Flourish

投资者犹豫不决，数字资产投资产品资金外流，山寨币蓬勃发展

Despite a resurgence in trading volumes, digital asset investment products have registered a modest outflow of $126 million last week, signaling a shift in investor sentiment. This reluctance stems from a recent stall in positive price trends, with key indicators such as ETP/ETF activity declining relative to the overall market.

尽管交易量回升，但数字资产投资产品上周仍小幅流出 1.26 亿美元，表明投资者情绪发生转变。这种不情愿源于最近积极的价格趋势停滞，ETP/ETF 活动等关键指标相对于整体市场有所下降。

In the past month, ETP/ETFs accounted for a significant 40% of total volumes on reputable exchanges. However, last week, their representation dwindled to only 31%, reflecting a cautious approach among investors. This latest setback follows a week of record-breaking inflows for digital asset investment products, reaching a peak of $13.8 billion year-to-date, surpassing the $10.6 billion mark set in 2021.

过去一个月，ETP/ETF 占知名交易所总交易量的 40%。然而，上周，他们的比例下降至仅 31%，反映出投资者的谨慎态度。在这一最新挫折之前，数字资产投资产品的流入量在一周内创下了创纪录的纪录，今年迄今达到了 138 亿美元的峰值，超过了 2021 年创下的 106 亿美元大关。

Regionally, the United States has been the most affected by outflows, experiencing a loss of $145 million. Canada and Switzerland followed suit with outflows of $6 million and $5.7 million, respectively. Sweden also witnessed outflows of $0.52 million over the same period.

从地区来看，美国受资金外流影响最严重，损失达 1.45 亿美元。加拿大和瑞士紧随其后，分别流出 600 万美元和 570 万美元。瑞典同期也出现了 52 万美元的资金外流。

However, not all regions have succumbed to bearish sentiment. Investors in Germany have seized the opportunity presented by recent price declines, resulting in inflows of $29 million last week. Brazil and Australia have also remained bullish, settling with weekly inflows of $3 million and $1.6 million, respectively.

然而，并非所有地区都屈服于看跌情绪。德国投资者抓住近期价格下跌带来的机会，上周资金流入 2,900 万美元。巴西和澳大利亚也依然看涨，每周流入资金分别为 300 万美元和 160 万美元。

Bitcoin, the flagship cryptocurrency, has faced outflows amounting to $110 million, but it has still maintained positive inflows of $555 million for the month. Short-bitcoin strategies, after a three-week streak of outflows, have recorded minor inflows of $1.7 million, potentially capitalizing on the recent price dips.

旗舰加密货币比特币面临1.1亿美元的资金流出，但本月仍保持5.55亿美元的正流入。在连续三周的资金流出之后，做空比特币策略已录得 170 万美元的小幅流入，可能会利用近期的价格下跌。

Ethereum (ETH), on the other hand, has been the hardest hit, experiencing outflows totaling $29 million last week, marking its fifth consecutive week of withdrawals. Solana investment products have also witnessed outflows of $3.6 million during the same period.

另一方面，以太坊 (ETH) 受到的打击最为严重，上周资金流出总额达 2900 万美元，已连续第五周出现提款。同期，Solana 投资产品也出现了 360 万美元的资金流出。

In contrast to the setbacks faced by Bitcoin and Ethereum, altcoins have enjoyed a successful week. CoinShares' list features "esoteric names" such as Decentraland, Basic Attention Token, and LIDO, which have attracted inflows of $4.9 million, $2.9 million, and $1.8 million, respectively.

与比特币和以太坊面临的挫折相比，山寨币经历了成功的一周。 CoinShares 的名单中包含 Decentraland、Basic Attention Token 和 LIDO 等“深奥的名字”，这些名字分别吸引了 490 万美元、290 万美元和 180 万美元的资金流入。

Established altcoins such as Litecoin, Polkadot, and XRP have also noted inflows of $1.6 million, $0.8 million, and $0.3 million, respectively, over the past week.

Litecoin、Polkadot 和 XRP 等老牌山寨币在过去一周也分别有 160 万美元、80 万美元和 30 万美元的流入。

This divergence in investor sentiment highlights the inherent volatility of the digital asset market. While market dynamics can shift rapidly, the underlying fundamentals of blockchain technology continue to attract long-term believers who are undeterred by short-term fluctuations.

投资者情绪的这种差异凸显了数字资产市场固有的波动性。尽管市场动态可能迅速变化，但区块链技术的基本面继续吸引着不受短期波动影响的长期信徒。

As the ecosystem evolves, it is crucial for investors to exercise due diligence, stay informed about market trends, and diversify their portfolios to mitigate risk and maximize returns.

随着生态系统的发展，投资者进行尽职调查、随时了解市场趋势并实现投资组合多元化以降低风险并实现回报最大化至关重要。