2025 年以太坊 ETF 的表现能否超越比特币 ETF？

以太坊 [ETH] ETF 在 12 月份取得了显着的增长势头，累计净流入 26 亿美元。这一激增凸显了制度性的不断增加

Ethereum [ETH] ETFs gained remarkable momentum in December, accumulating $2.6 billion in net inflows, highlighting the increasing institutional interest in ETH as a viable investment instrument.

以太坊 [ETH] ETF 在 12 月份获得了显着的增长势头，累计净流入 26 亿美元，突显机构对 ETH 作为可行投资工具的兴趣日益浓厚。

In contrast, Bitcoin [BTC] ETFs trailed behind, closing 2024 with an impressive $35 billion in inflows, reflecting confidence in Ethereum’s long-term potential, fueled by its robust ecosystem and expanding use cases.

相比之下，比特币 ETF 则落后，截至 2024 年，流入量高达 350 亿美元，这反映出人们对以太坊在其强大的生态系统和不断扩大的用例的推动下的长期潜力充满信心。

As the new year unfolds, a pressing question emerges: Can Ethereum ETFs Outperform Bitcoin ETFs In 2025?

随着新的一年的到来，一个紧迫的问题出现了：2025 年以太坊 ETF 的表现能否超越比特币 ETF？

Recent market data suggests that ETH ETFs could indeed surpass BTC ETFs in 2025 if certain conditions align. Analysts attribute this potential to Ethereum’s unique staking capabilities, which provide additional yield-generation opportunities for investors.

最近的市场数据表明，如果某些条件一致，ETH ETF 确实可能在 2025 年超过 BTC ETF。分析师将这种潜力归因于以太坊独特的质押能力，这为投资者提供了额外的收益产生机会。

Furthermore, favorable regulatory developments are expected to position these ETFs to attract a broader institutional audience.

此外，有利的监管发展预计将使这些 ETF 吸引更广泛的机构受众。

In the latter half of 2024, ETH demonstrated strong market momentum with eight consecutive weeks of inflows. This period included a record-breaking $2.2 billion inflow in the week ending on the 26th of November, showcasing heightened investor confidence.

2024年下半年，ETH表现出强劲的市场势头，连续八周有资金流入。截至 11 月 26 日当周，这一时期的资金流入创纪录地达到了 22 亿美元，显示投资者信心增强。

While BTC ETFs remain dominant, ETH ETFs are gradually narrowing the gap, indicating a shift in institutional preferences.

虽然 BTC ETF 仍占主导地位，但 ETH ETF 的差距正在逐渐缩小，这表明机构偏好发生了转变。

If Ethereum maintains its price trajectory, driven by increased network activity and technological advancements, its ETFs could emerge as top-performing assets in 2025.

如果以太坊在网络活动增加和技术进步的推动下维持其价格轨迹，其 ETF 可能会在 2025 年成为表现最佳的资产。

Additionally, external factors, such as the growing adoption of artificial intelligence in Ethereum’s ecosystem, have further bolstered its appeal.

此外，外部因素，例如以太坊生态系统中人工智能的日益采用，进一步增强了其吸引力。

However, for ETH ETFs to challenge BTC ETFs’ dominance, several key obstacles must be addressed.

然而，为了让 ETH ETF 挑战 BTC ETF 的主导地位，必须解决几个关键障碍。

Bitcoin’s extensive brand recognition and first-mover advantage continue to draw significant inflows, leaving Ethereum with the task of building similar trust among institutional investors.

比特币广泛的品牌认知度和先发优势继续吸引大量资金流入，而以太坊则面临着在机构投资者中建立类似信任的任务。

Moreover, Bitcoin's market dominance of 47.1%, compared to Ethereum's 18.7%, presents a substantial disparity in investor confidence.

此外，比特币的市场主导地位为 47.1%，而以太坊的市场主导地位为 18.7%，这在投资者信心方面存在巨大差异。

However, analysts anticipate that ETH’s market share could grow as its staking rewards become more attractive and regulatory clarity improves, aiming to close this gap.

然而，分析师预计，随着 ETH 的质押奖励变得更具吸引力以及监管透明度的提高，ETH 的市场份额可能会增长，旨在缩小这一差距。

Another hurdle lies in Ethereum’s historical volatility, which has occasionally deterred risk-averse investors. In response, these ETFs must showcase stability and resilience, particularly in response to broader market shifts.

另一个障碍在于以太坊的历史波动性，这有时会吓退厌恶风险的投资者。为此，这些 ETF 必须表现出稳定性和弹性，特别是在应对更广泛的市场变化时。

With external factors like macroeconomic conditions and global regulatory changes, Ethereum’s ecosystem must demonstrate its ability to adapt and thrive in a competitive landscape.

由于宏观经济条件和全球监管变化等外部因素，以太坊生态系统必须证明其在竞争环境中适应和繁荣的能力。

Ethereum’s RSI trends indicate bullish momentum, but challenges remain

以太坊的 RSI 趋势表明看涨势头，但挑战仍然存在

As we delve into further technical analysis, let's examine Ethereum's Relative Strength Index (RSI) trends, which offer valuable insights into its current performance.

当我们深入研究进一步的技术分析时，让我们来看看以太坊的相对强弱指数（RSI）趋势，它为了解其当前表现提供了有价值的见解。

As of late December, ETH’s RSI stood at 68, nearing the overbought threshold of 70. This suggests strong bullish momentum but raises concerns about potential short-term corrections.

截至 12 月底，ETH 的 RSI 为 68，接近超买阈值 70。这表明看涨势头强劲，但引发了对潜在短期修正的担忧。

Historically, the coin’s RSI movements near the overbought zone have preceded temporary pullbacks before resuming an upward trend.

从历史上看，该代币的 RSI 运动在超买区域附近之前会出现暂时回调，然后恢复上升趋势。

Moreover, ETH’s recent ETF inflows have fueled optimism among investors, with many anticipating further RSI gains.

此外，ETH 最近 ETF 的流入激发了投资者的乐观情绪，许多人预计 RSI 会进一步上涨。

If Ethereum breaks through key resistance levels, its RSI could stabilize within the bullish range, reinforcing confidence in its long-term outlook.

如果以太坊突破关键阻力位，其 RSI 可能会稳定在看涨区间内，从而增强对其长期前景的信心。

Surging trading volume highlights increased activity in ETH ETFs

交易量激增凸显 ETH ETF 活动的增加

Now, let's shift our focus to the trading volume of Ethereum ETFs, which has experienced a significant surge. As per data from Coinglass, December's trading volume crossed the $13 Billion mark.

现在，让我们将焦点转移到以太坊ETF的交易量上，该ETF的交易量经历了大幅飙升。根据 Coinglass 的数据，12 月份的交易量突破了 130 亿美元大关。

This growth highlights the intensifying interest among investors, driven by consistent inflows and positive market sentiment.

这一增长凸显了在持续的资金流入和积极的市场情绪推动下，投资者的兴趣不断增强。

This surge in volume indicates robust liquidity, a critical factor for institutional investors seeking stable and scalable options. Analysts view the increased trading activity as a precursor to stronger ETF performance, as it underscores heightened confidence in Ethereum’s future.

交易量的激增表明流动性强劲，这是机构投资者寻求稳定和可扩展选择的关键因素。分析师认为，交易活动的增加是 ETF 表现走强的先兆，因为它凸显了人们对以太坊未来的信心增强。