“数字黄金”在2月份不受欢迎，但真正的黄金没有。

在投资者似乎将黄金扔给路边以支持比特币之后，闪亮的金属以牺牲数字资产为代价。

Digital gold fell out of favor in February, but real gold did not. After investors seemingly tossed gold to the curb in favor of bitcoin, the shiny metal returned to favor at the expense of the digital asset.

数字黄金在二月份不受欢迎，但真正的黄金没有。在投资者似乎将黄金扔给路边以支持比特币之后，闪亮的金属以牺牲数字资产为代价。

The commodities-focused category, which houses gold exchange-traded funds, took in $4.7 billion for the month (the most since March 2022). Digital-assets funds shed $1.9 billion as investors noted Bitcoin's 17.4% slide in February.

以黄金交换资金为基础的商品类别的本月为47亿美元（自2022年3月以来最多）。由于投资者指出2月比特币的17.4％滑梯，数字资金筹集了19亿美元。

Monthly Flows for the Commodities-Focused and Digital-Assets Morningstar Categories

以商品为中心和数字资产的晨星类别的每月流量

Category

类别

Total Net Flows (in billions)

总净流动（数十亿美元）

Commodities-Focused

专注于商品

$4.7

$ 4.7

Digital-Assets

数字资料

$1.9

$ 1.9

Bitcoin ETFs to Keep an Eye On

比特币ETF密切关注

While several Bitcoin ETFs saw outflows, Fidelity Wise Origin Bitcoin FBTC bore the brunt of the pain with $1.2 billion of outflows. IShares Bitcoin Trust ETF IBIT, the largest in the category, stayed nearly flat. However, news from BlackRock could give that fund some momentum. The asset manager announced on Feb. 28 that iShares Bitcoin Trust ETF would join select model portfolios.

虽然几个比特币ETF看到了流出，但Fidelity Wise Origin Bitcoin FBTC以12亿美元的流出率首当其冲。类别中最大的Ishares比特币信任ETF IBIT几乎保持平坦。但是，贝莱德（Blackrock）的消息可能会给该基金提供一些势头。资产经理于2月28日宣布，Ishares Bitcoin Trust ETF将加入Select Model Portfolios。

Still, a return to high-flying inflows will likely hinge on whether bitcoin can rebound.

尽管如此，重返高空流入可能会取决于比特币是否可以反弹。

SPDR Gold Shares Posted Strong Returns Before Flows Followed

SPDR Gold Shares发布了巨额回报，然后流动随之而来

SPDR Gold Shares GLD hauled in $3.4 billion in February to lead the charge for gold ETFs.

SPDR Gold股票在2月以34亿美元的价格拖拉，以领导Gold ETF的指控。

Investors were slow to reward gold for its recent returns: SPDR Gold Shares climbed 36.4% over the 12 months entering February, a stretch in which its category collected just $3 billion. It seems that investors needed turbulent stock markets for gold to reach their radar.

投资者的近期回报奖励黄金的奖励很慢：SPDR Gold股在2月份的12个月中攀升了36.4％，其类别仅收取了30亿美元。似乎投资者需要动荡的股票市场才能达到其雷达。