摩根大通和富国银行拥抱现货比特币 ETF，标志着机构转变

摩根大通和富国银行披露了对现货比特币 ETF 的适度投资，加入了法国巴黎银行和纽约梅隆银行的行列，顺应了传统金融机构进入比特币市场的趋势。这些文件表明机构投资者对数字资产的兴趣日益浓厚，随着成熟的投资者进入该领域，预计资金将进一步流入。

Institutional Embraces Spot Bitcoin ETFs: JP Morgan and Wells Fargo Join the Fray

机构拥抱现货比特币 ETF：摩根大通和富国银行加入竞争

New York, May 12, 2023 - Global banking behemoths JP Morgan and Wells Fargo have entered the burgeoning landscape of Bitcoin exchange-traded funds (ETFs), signaling a monumental shift in the traditional financial sector's perception of digital assets. Their recent 13F disclosures, filed on May 10, shed light on modest but significant investments in spot Bitcoin ETFs.

纽约，2023 年 5 月 12 日 - 全球银行业巨头摩根大通和富国银行已进入比特币交易所交易基金 (ETF) 的新兴领域，标志着传统金融部门对数字资产的看法发生了巨大转变。他们于 5 月 10 日提交的最新 13F 披露披露了对现货比特币 ETF 的适度但重要的投资。

JP Morgan's foray into this nascent market is marked by a $731,246 allocation across four distinct Bitcoin ETFs: BlackRock's iShares Bitcoin Trust (IBIT), Bitwise Bitcoin ETF (BITB), Constancy's Bitcoin ETF (FBTC), and Grayscale Bitcoin Trust (GBTC). A lion's share of this investment, amounting to $477,425, was channeled into IBIT. Meanwhile, Wells Fargo reported a $141,817 stake in Grayscale's GBTC during the first quarter.

摩根大通进军这个新兴市场的标志是在四个不同的比特币 ETF 中配置了 731,246 美元：贝莱德的 iShares 比特币信托 (IBIT)、Bitwise 比特币 ETF (BITB)、Constancy 的比特币 ETF (FBTC) 和灰度比特币信托 (GBTC)。这项投资的大部分（总计 477,425 美元）流入了 IBIT。与此同时，富国银行报告第一季度持有 Grayscale 的 GBTC 股份价值 141,817 美元。

These revelations follow similar disclosures by BNP Paribas and BNY Mellon, indicating a burgeoning trend among traditional financial institutions to cautiously explore the Bitcoin ETF market. Notably, major banks Morgan Stanley and UBS have expressed their intention to enable client access to spot Bitcoin ETFs, although they have yet to disclose direct exposure to Bitcoin as of this writing.

法国巴黎银行和纽约梅隆银行也曾披露过类似信息，这表明传统金融机构谨慎探索比特币 ETF 市场的趋势正在兴起。值得注意的是，主要银行摩根士丹利和瑞银已表示有意让客户能够购买现货比特币 ETF，尽管截至本文撰写时他们尚未披露对比特币的直接敞口。

Industry experts, including BlackRock's head of digital assets, envision a steady increase in institutional capital inflows into Bitcoin ETFs. They anticipate the participation of sophisticated entities, such as sovereign wealth funds, to further amplify the momentum.

包括贝莱德数字资产主管在内的行业专家预计，流入比特币 ETF 的机构资本将稳步增加。他们预计主权财富基金等成熟实体的参与将进一步放大这一势头。

BlackRock's Internal Investment

贝莱德的内部投资

BlackRock's 13F filing on May 10 reveals a $6.6 million self-investment in its IBIT fund. This strategy mirrors that of other spot Bitcoin ETF issuers, who have similarly invested in their funds. Ark Invest currently holds $206.4 million of its ARKB fund, while Van Eck maintains $98,000 of its HODL fund.

贝莱德 5 月 10 日提交的 13F 文件显示，对其 IBIT 基金进行了 660 万美元的自我投资。这一策略反映了其他现货比特币 ETF 发行人的策略，他们也对其基金进行了类似的投资。 Ark Invest 目前持有其 ARKB 基金 2.064 亿美元，而 Van Eck 持有其 HODL 基金 98,000 美元。

BlackRock's latest investment coincides with IBIT's strong performance. It boasts the highest cumulative inflows among spot Bitcoin ETFs, with $15,490, and ranks as the second-largest spot Bitcoin ETF in terms of assets under management. Furthermore, IBIT has set a new record by amassing $10 billion in assets under management.

贝莱德的最新投资与 IBIT 的强劲表现不谋而合。它拥有现货比特币ETF中最高的累计流入量，达15,490美元，按管理资产计算是第二大现货比特币ETF。此外，IBIT 管理资产达到 100 亿美元，创下了新纪录。

Bloomberg ETF analyst Eric Balchunas remarked on this remarkable milestone, stating:

彭博 ETF 分析师埃里克·巴尔丘纳斯 (Eric Balchunas) 评论了这一非凡的里程碑，他表示：

"The record pace for an ETF to reach $10b in assets was held by JEPQ, who did it in 647 trading days...IBIT got there in 49 days, FBTC in 77 days."

“ETF 资产达到 100 亿美元的纪录速度由 JEPQ 保持，他在 647 个交易日内做到了……IBIT 用了 49 天，FBTC 用了 77 天。”

Growing Institutional Participation

越来越多的机构参与

Beyond JP Morgan and Wells Fargo, numerous other financial institutions and corporations have recently disclosed investments in spot Bitcoin ETFs. These include Hightower Advisors, US Bancorp, SouthState, Susquehanna International Group, Burkett Financial Services, and Legacy Wealth Asset Management.

除了摩根大通和富国银行之外，许多其他金融机构和公司最近也披露了对现货比特币 ETF 的投资。其中包括 Hightower Advisors、US Bancorp、SouthState、Susquehanna International Group、Burkett Financial Services 和 Legacy Wealth Asset Management。

These firms join a growing roster of over 240 institutional investors in IBIT and 130 investors in FBTC, according to data from Fintel. Grayscale's GBTC, which existed prior to its conversion to an ETF in January, has attracted investments from more than 467 corporations.

Fintel 的数据显示，这些公司加入了 IBIT 超过 240 家机构投资者和 FBTC 130 家投资者的行列。 Grayscale 的 GBTC 在 1 月份转换为 ETF 之前就已存在，已吸引了超过 467 家公司的投资。

The embrace of spot Bitcoin ETFs by traditional financial institutions signifies a shift in sentiment toward cryptocurrencies and a growing recognition of their potential as an alternative investment class. As institutional participation expands, the market for Bitcoin ETFs is poised for continued growth and mainstream adoption.

传统金融机构对现货比特币 ETF 的接受，标志着人们对加密货币的态度发生转变，并越来越认识到其作为另类投资类别的潜力。随着机构参与的扩大，比特币 ETF 市场有望持续增长和主流采用。