资金流出周后，新的资本流入重振美国比特币 ETF

Fresh Capital Flows into US Bitcoin ETFs, Reversing a Week of Outflows

新资本流入美国比特币 ETF，扭转了一周的资金外流局面

YEREVAN, Armenia (CoinChapter.com) – The past five trading days marked by net outflows from US spot Bitcoin exchange-traded funds (ETFs) have been abruptly reversed, as a surge of new capital has entered the sector.

亚美尼亚埃里温 (CoinChapter.com) – 随着大量新资本涌入该行业，过去五个交易日美国现货比特币交易所交易基金 (ETF) 净流出的情况突然逆转。

Inflows Surge on March 26th

3月26日资金流入激增

On March 26th, the ten recently approved spot Bitcoin ETFs experienced a collective net inflow of $418 million, according to data compiled by Farside Investors. This influx was primarily driven by BlackRock and Fidelity, with Fidelity's fund alone accounting for $279.1 million in daily inflows – its highest level since March 13th. This marks the second consecutive day in which Fidelity has attracted significant inflows, exceeding $260 million.

根据 Farside Investors 汇编的数据，3 月 26 日，最近批准的 10 只现货比特币 ETF 集体净流入 4.18 亿美元。这一资金流入主要是由贝莱德和富达投资推动的，仅富达基金的基金日流入量就达 2.791 亿美元，这是自 3 月 13 日以来的最高水平。这标志着富达连续第二天吸引大量资金流入，资金流入超过 2.6 亿美元。

BlackRock's fund also witnessed inflows of $162.2 million on March 27th, although this was still below the firm's earlier monthly average of $300 million. Notably, the Ark 21Shares Bitcoin ETF registered its best daily inflow ($73.6 million) since March 12th. Invesco Galaxy, Franklin Templeton, and Valkyrie also experienced inflows into their respective ETFs, ranging between $26 million and $10 million.

3 月 27 日，贝莱德的基金也迎来了 1.622 亿美元的资金流入，尽管这仍低于该公司早些时候 3 亿美元的月度平均水平。值得注意的是，Ark 21Shares 比特币 ETF 录得自 3 月 12 日以来的最高单日流入量（7360 万美元）。 Invesco Galaxy、Franklin Templeton 和 Valkyrie 也都有资金流入各自的 ETF，金额在 2600 万美元至 1000 万美元之间。

Grayscale's Exodus Continues

灰度的流失仍在继续

In contrast to the positive inflows seen among other Bitcoin ETFs, Grayscale's Bitcoin Trust (GBTC) has continued to experience outflows, recording a net withdrawal of $212 million on March 26th. This ongoing exodus has been particularly pronounced since GBTC's conversion from a trust to an ETF on January 11th, with the fund shedding an estimated 277,393 BTC (worth approximately $19.5 billion) during this period.

与其他比特币 ETF 的积极流入形成鲜明对比的是，Grayscale 的比特币信托基金 (GBTC) 持续出现资金流出，3 月 26 日录得净撤资 2.12 亿美元。自 1 月 11 日 GBTC 从信托基金转换为 ETF 以来，这种持续的资金外流尤为明显，该基金在此期间损失了大约 277,393 BTC（价值约 195 亿美元）。

Bitcoin ETFs Outperform Gold

比特币 ETF 跑赢黄金

Eric Balchunas, Bloomberg's senior ETF analyst, has highlighted the impressive performance of spot Bitcoin ETFs relative to their gold counterparts. In the first 50 days since their launch, the top four Bitcoin ETFs have attracted inflows that exceed those of all 11,338 gold ETFs at the time of their respective launches.

彭博社高级 ETF 分析师埃里克·巴尔丘纳斯 (Eric Balchunas) 强调了现货比特币 ETF 相对于黄金ETF 的令人印象深刻的表现。自推出以来的前 50 天，排名前四的比特币 ETF 吸引的资金流入超过了各自推出时所有 11,338 只黄金 ETF 的流入量。

Hashdex Enters the Spot ETF Arena

Hashdex 进军现货 ETF 领域

On March 26th, Hashdex joined the ranks of spot Bitcoin ETF issuers, converting its futures fund into a spot ETF under the ticker DEFI. This move has positioned Hashdex as the eleventh-largest spot Bitcoin ETF issuer in the United States.

3 月 26 日，Hashdex 加入现货比特币 ETF 发行人行列，将其期货基金转换为股票代码为 DEFI 的现货 ETF。此举使 Hashdex 成为美国第十一大现货比特币 ETF 发行人。

The recent influx of capital into US spot Bitcoin ETFs signals a renewed investor appetite for exposure to the cryptocurrency. The outperformance of Bitcoin ETFs relative to gold ETFs further underscores the growing institutional adoption of digital assets.

最近资金涌入美国现货比特币 ETF 表明投资者对加密货币的兴趣重新燃起。比特币 ETF 相对于黄金 ETF 的优异表现进一步凸显了机构对数字资产的采用不断增长。