斑点比特币ETF每周连续第四周保持负面

随着宏观经济因素继续严重影响投资者的情绪，每周的现场比特币ETF的每周流量仍然是阴性的。

Weekly flows for 12 spot Bitcoin ETFs remained negative for the fourth consecutive week as macroeconomic factors continued to weigh heavily on investor sentiment, according to data from SoSoValue.

根据Sosovalue的数据，随着宏观经济因素继续严重影响投资者情绪，每周的12个比特币ETF的流量连续第四周仍然为负面。

The 12 spot Bitcoin ETFs saw another week of outflows with nearly $800 million exiting the funds from March 3-5. This follows a record outflow week that saw over $2.61 billion in redemptions, extending the negative flow streak to four consecutive weeks with total net outflows exceeding $4.5 billion.

12点比特币ETF看到了另一个星期的流出，近8亿美元从3月3日至5日退出了资金。这是在创纪录的流出周之后，赎回的26.1亿美元超过26.1亿美元，将负流连续连续延长到连续四个星期，总净流出超过45亿美元。

Notably, Bitcoin ETFs recorded net negative flows throughout last week, starting with $74.19 million on Monday, followed by $143.43 million, $38.3 million, and $134.26 million. The largest outflow of the week occurred on Friday with $409 million exiting the ETFs.

值得注意的是，比特币ETF在上周录制了净负流量，从周一的7419万美元开始，其次是1.43亿美元，1.4343亿美元，3830万美元和1.3426亿美元。本周最大的流出量发生在星期五，4.09亿美元退出了ETF。

On the final day of the week, ARK and 21Shares’ ARKB led the outflows with $160.03 million. Close behind was Fidelity’s FBTC, which saw $154.89 million withdrawn by investors. Other major ETF issuers, including BlackRock’s IBIT, Grayscale’s GBTC, and Bitwise’s BITB, also experienced outflows to the tune of $39.85 million, $36.46 million, and $18.6 million, respectively. Among the ten funds, only VanEck’s HODL bucked the trend, reporting an inflow of $619.55K.

在一周的最后一天，方舟和21shares的ARKB以1.603亿美元的价格领导了外流。 Fidelity的FBTC紧随其后，投资者撤回了1.5489亿美元。其他主要的ETF发行人，包括BlackRock的IBIT，Grayscale的GBTC和Bitwise的BITB，也经历了外流，分别为3985万美元，3,346万美元和1,860万美元。在十项基金中，只有范克的霍德（Hodl）震惊了这一趋势，报告了619.5万美元的流入。

Meanwhile, the nine spot Ethereum funds also reported two consecutive weeks of negative flows, with $455 million exiting the funds, reflecting broader bearish sentiment in the crypto market.

同时，九个以太坊基金还报告了连续两周的负流量，其中4.55亿美元退出了资金，反映了加密货币市场上更广泛的看跌感情。

Despite widespread anticipation that the White House Crypto Summit could provide a boost to the market, Bitcoin ETFs continued their downward trend. Analysts attribute this decline to ongoing macroeconomic concerns.

尽管人们普遍期待白宫加密峰会可以推动市场，但比特币ETF仍在继续其下降趋势。分析师将这种下降归因于正在进行的宏观经济问题。

Some experts suggest that hedge funds have been capitalizing on low-risk arbitrage trades between Bitcoin spot ETFs and CME futures, contributing to the sell-off. As these trades unwind, liquidity is drying up, leading to increased selling pressure and exacerbating ETF outflows.

一些专家认为，对冲基金一直在利用比特币现场ETF和CME期货之间的低风险套利交易，这有助于抛售。随着这些交易的放松，流动性正在枯竭，导致销售压力增加并加剧了ETF流出。

Another factor influencing Bitcoin’s recent price swings is Trump’s announcement of the Strategic Bitcoin Reserve and the U.S. Digital Asset Stockpile. While many traders expected the Crypto Summit to be a bullish event, Bitcoin’s (BTC) price dropped from $90,000 to $85,000 following the signing of the executive order.

影响比特币最近价格波动的另一个因素是特朗普宣布战略比特币储备和美国数字资产库存。尽管许多交易者预计加密峰会是看涨的活动，但在签署行政命令后，比特币（BTC）的价格从90,000美元下降到85,000美元。

According to Kadan Stadelmann, CTO of Komodo, Bitcoin ETFs are experiencing major outflows despite the creation of the Strategic Bitcoin Reserve due to a classic case of “buy the rumor, sell the news.” In such scenarios, assets typically rise in anticipation of an event but decline once it materializes.

根据Komodo的CTO Kadan Stadelmann的说法，尽管创建了战略性比特币储备，但比特币ETF却经历了重大外流，这是由于“买谣言，出售新闻”的经典案例。在这种情况下，资产通常在预期事件时会上升，但一旦实现，资产就会下降。

Stadelmann noted that speculation about the Strategic Bitcoin Reserve began in July 2024 when Trump first mentioned the initiative. By the time the official announcement was made during Thursday’s Crypto Summit, the market had already priced it in, leading to a sell-off.

Stadelmann指出，关于战略比特币储备的猜测始于2024年7月，当时特朗普首次提到该计划。到周四的加密峰会上正式宣布是在正式宣布的时候，市场已经定价，导致了抛售。

He added that in these situations, “people who are less informed, connected, and monied often buy the news and lose money.” Additionally, the summit took place during a challenging time for the market, with concerns over trade tariffs compounding existing worries about inflation, a slowing real estate market, weak consumer spending, and declining savings.

他补充说，在这种情况下，“那些知情，联系和赚钱的人经常购买新闻并亏本。”此外，首脑会议发生在市场上充满挑战的时期，担心贸易关税会使现有对通货膨胀的担忧，房地产市场放缓，消费者支出疲软以及储蓄下降的担忧。