在 iShares Bitcoin Trust 的带动下，现货比特币 ETF 资金流入创历史新高

现货比特币 ETF 的净流入激增，其中贝莱德的 iShares 比特币信托 (IBIT) 领先，累计流入 139 亿美元。其他大量资金流入来自 Fidelity 的 FBTC（75 亿美元）。相反，由于费用较高以及投资者对信誉良好的公司的偏好，Grayscale 的 GBTC 经历了 147 亿美元的大规模流出。在 DEFI ETF 转换为现货比特币 ETF 后，所有 SEC 批准的现货比特币 ETF 现已投入运营。行业专家预测未来几年资金将持续流入。

Spot Bitcoin ETFs Witness Record Inflows, iShares Bitcoin Trust Leads the Surge

现货比特币 ETF 见证创纪录的资金流入，iShares 比特币信托引领飙升

Since their inception in January 2024, spot bitcoin exchange-traded funds (ETFs) have witnessed astronomical inflows, signaling a robust demand for regulated and accessible investment vehicles in the cryptocurrency market.

自 2024 年 1 月推出以来，现货比特币交易所交易基金 (ETF) 见证了天文数字的资金流入，这表明加密货币市场对受监管和可访问的投资工具的强劲需求。

Blackrock's iShares Bitcoin Trust (IBIT), launched on January 11, 2024, has emerged as the clear frontrunner, attracting an impressive $13.9 billion in inflows within a mere two and a half months. This influx has propelled IBIT to become the fastest-growing ETF in the history of the industry, according to Blackrock CEO Larry Fink.

贝莱德 (Blackrock) 于 2024 年 1 月 11 日推出的 iShares 比特币信托 (IBIT) 已成为明显的领跑者，在短短两个半月内吸引了令人印象深刻的 139 亿美元资金流入。贝莱德首席执行官拉里·芬克 (Larry Fink) 表示，这种涌入推动 IBIT 成为行业历史上增长最快的 ETF。

In contrast to the inflows witnessed by spot bitcoin ETFs, Grayscale's Bitcoin Trust (GBTC), a long-standing investment vehicle tracking bitcoin prices, has endured significant outflows amounting to $14.7 billion during the same period. Experts attribute this exodus to the relatively higher fees associated with GBTC and the preference of investors for offerings from well-established firms.

与现货比特币 ETF 的资金流入形成鲜明对比的是，Grayscale 的比特币信托基金 (GBTC)（一种跟踪比特币价格的长期投资工具）在同一时期经历了高达 147 亿美元的大幅流出。专家将这种资金外流归因于 GBTC 相关费用相对较高，以及投资者更喜欢知名公司的产品。

Fidelity's Wise Origin Bitcoin Trust (FBTC) has emerged as the only other spot bitcoin ETF to come close to matching the inflows of IBIT, garnering $7.5 billion thus far. Other notable spot bitcoin ETFs include ARK 21Shares Bitcoin ETF (ARKB) with $2.3 billion in inflows, Bitwise Bitcoin ETF (BITB) with $1.6 billion, Valkyrie Bitcoin Fund (BRRR) with $452 million, VanEck Bitcoin Trust (HODL) with $439 million, Franklin Bitcoin ETF (EZBC) with $277.9 million, Invesco Galaxy Bitcoin ETF (BTCO) with $227.3 million, and WisdomTree Bitcoin Fund (BTCW) with $60 million.

富达 (Fidelity) 的 Wise Origin Bitcoin Trust (FBTC) 已成为唯一一只接近 IBIT 流入量的现货比特币 ETF，迄今为止已获得 75 亿美元的资金。其他著名的现货比特币 ETF 包括流入 23 亿美元的 ARK 21Shares 比特币 ETF (ARKB)、流入 16 亿美元的 Bitwise 比特币 ETF (BITB)、流入 4.52 亿美元的 Valkyrie 比特币基金 (BRRR)、流入 4.39 亿美元的 VanEck Bitcoin Trust (HODL)、Franklin比特币 ETF (EZBC) 为 2.779 亿美元，Invesco Galaxy 比特币 ETF (BTCO) 为 2.273 亿美元，WisdomTree 比特币基金 (BTCW) 为 6000 万美元。

Notably, Hashdex's Bitcoin ETF (DEFI) initially traded as a bitcoin futures ETF before transitioning to a spot bitcoin ETF on March 27, 2024, making it the eleventh spot bitcoin ETF to receive SEC approval.

值得注意的是，Hashdex 的比特币 ETF (DEFI) 最初​​作为比特币期货 ETF 进行交易，然后于 2024 年 3 月 27 日转变为现货比特币 ETF，使其成为第 11 个获得 SEC 批准的现货比特币 ETF。

Future Prospects of Spot Bitcoin ETFs

现货比特币ETF的未来前景

Industry experts believe that the inflows into spot bitcoin ETFs will continue unabated in the years to come, echoing a persistent demand for long-term exposure to bitcoin. Matt Hougan, Chief Investment Officer at Bitwise, opines that the majority of professional investors still lack access to bitcoin ETFs, a situation expected to change gradually through individual due diligence processes.

行业专家认为，未来几年，流入现货比特币 ETF 的资金将继续有增无减，这反映出对长期持有比特币的持续需求。 Bitwise 首席投资官 Matt Hougan 认为，大多数专业投资者仍然无法获得比特币 ETF，这种情况预计将通过个人尽职调查流程逐渐改变。

The surge in spot bitcoin ETF inflows has had a positive impact on the underlying bitcoin price (BTC), which has experienced a notable 67% increase year-to-date. Anticipation is high for further price gains in the later part of the year, driven by the upcoming halving event and the rapid development of layer-two Bitcoin networks, which strive to restore the technological innovations occurring elsewhere in the crypto realm to Bitcoin, the world's largest cryptocurrency by market capitalization.

现货比特币 ETF 资金流入的激增对基础比特币价格 (BTC) 产生了积极影响，今年迄今为止，比特币价格已大幅上涨 67%。在即将到来的减半事件和第二层比特币网络的快速发展的推动下，人们对今年下半年价格进一步上涨的预期很高，该网络致力于将加密领域其他地方发生的技术创新恢复到比特币上。按市值计算最大的加密货币。