尽管市场低迷，现货比特币和以太币 ETF 依然表现强劲

数字资产投资产品上周净流入 3.08 亿美元，尽管单日流出 5.76 亿美元。

Spot Bitcoin ETFs in the United States attracted a record $35.66 billion in net inflows during 2024, surpassing initial industry estimates and setting a new milestone for the digital asset class.

2024 年，美国现货比特币 ETF 吸引了创纪录的 356.6 亿美元净流入，超出了行业最初的预期，为数字资产类别树立了新的里程碑。

These figures, which were unveiled by ETF.com on December 29, indicate a remarkable shift in investor sentiment toward cryptocurrencies, particularly Bitcoin. Notably, these inflows far exceeded Galaxy Digital’s earlier estimate of $14 billion.

ETF.com 于 12 月 29 日公布的这些数据表明，投资者对加密货币（尤其是比特币）的情绪发生了显着转变。值得注意的是，这些资金流入远远超过了 Galaxy Digital 先前估计的 140 亿美元。

Among the leading Bitcoin ETFs, BlackRock’s iShares Bitcoin Trust ETF (NYSE Arca: IBIT) emerged as the clear frontrunner, garnering an impressive $37.31 billion in net inflows throughout the year. This ETF, which tracks the price of spot Bitcoin through physically settled futures contracts, experienced a strong demand from both retail and institutional investors.

在领先的比特币 ETF 中，贝莱德的 iShares 比特币信托 ETF（NYSE Arca：IBIT）成为明显的领跑者，全年净流入量高达 373.1 亿美元。该ETF通过实物结算的期货合约追踪现货比特币的价格，受到散户和机构投资者的强烈需求。

Following closely behind was Fidelity’s Wise Origin Bitcoin Fund (NASDAQ: FBTC) with a total of $11.84 billion in net inflows during 2024. This ETF, which provides investors with exposure to the performance of BTC less certain expenses, also experienced a strong demand throughout the year.

紧随其后的是富达的 Wise Origin 比特币基金（纳斯达克股票代码：FBTC），2024 年净流入总额为 118.4 亿美元。该 ETF 为投资者提供了在扣除某些费用后的 BTC 表现敞口，在整个 2024 年也经历了强劲的需求。年。

Other notable contributors to the overall inflows included ARK’s 21Shares Bitcoin ETF (NYSE Arca: ARCB), which added an additional $2.49 billion, and the Bitwise Bitcoin ETF (NYSE Arca: BITW), which reported net inflows of $2.19 billion during this period.

对整体资金流入的其他重要贡献者包括 ARK 的 21Shares 比特币 ETF（NYSE Arca：ARCB），该基金额外增加了 24.9 亿美元，以及 Bitwise 比特币 ETF（NYSE Arca：BITW），该基金在此期间净流入 21.9 亿美元。

However, despite these strong annual inflows, Bitcoin ETFs experienced a total of $1.33 billion in net outflows since December 19, as reported by ETF.com on December 29. Five of the final six trading days recorded net outflows, with IBIT experiencing a single-day outflow of $188.7 million on December 24.

然而，据 ETF.com 12 月 29 日报道，尽管年度资金流入强劲，但自 12 月 19 日以来，比特币 ETF 的净流出总额为 13.3 亿美元。最后六个交易日中有五个交易日录得净流出，其中 IBIT 经历了单笔净流出。 12 月 24 日单日流出 1.887 亿美元。

According to ETF.com, retail investors drove nearly 80% of the demand for Bitcoin ETFs throughout the year. However, analysts expect institutional interest to increase in 2025 with improved clearinghouse infrastructure.

根据 ETF.com 的数据，散户投资者推动了全年近 80% 的比特币 ETF 需求。然而，分析师预计，随着清算所基础设施的改善，机构兴趣将在 2025 年增加。

Meanwhile, market forecasts predict that Bitcoin prices could rise to as high as $200,000 by 2025, with a more conservative estimate being around $180,000. These projections, which were reported by Finbold on December 28, suggest that BTC is poised to experience another year of significant price appreciation.

与此同时，市场预测到 2025 年，比特币价格可能升至 20 万美元，更保守的估计为 18 万美元左右。 Finbold 在 12 月 28 日报道的这些预测表明，BTC 有望迎来又一个价格大幅上涨的一年。

Spot Ether ETFs Reach $2.68 Billion Growth

以太币现货 ETF 增长 26.8 亿美元

Spot Ether ETFs experienced a strong growth in the second half of 2024, accumulating a total of $2.68 billion in net inflows since their July debut, as reported by ETF.com on December 29. These ETFs, which provide investors with exposure to the price of spot Ether, experienced a relatively strong demand from both retail and institutional investors throughout the year.

据 ETF.com 12 月 29 日报道，现货以太坊 ETF 在 2024 年下半年经历了强劲增长，自 7 月推出以来累计净流入 26.8 亿美元。这些 ETF 为投资者提供了对以太坊价格的敞口。现货以太币全年经历了散户和机构投资者相对强劲的需求。

Among the leading Ether ETFs, BlackRock’s iShares Ethereum Trust ETF (NYSE Arca: IETH) led the inflows with an impressive $3.52 billion. This ETF, which tracks the price of spot Ether through physically settled futures contracts, experienced a strong demand from both retail and institutional investors throughout the year.

在领先的以太坊 ETF 中，贝莱德的 iShares 以太坊信托 ETF（NYSE Arca：IETH）以令人印象深刻的 35.2 亿美元资金流入。该ETF通过实物结算的期货合约追踪现货以太币的价格，全年受到散户和机构投资者的强劲需求。

Following closely behind was Fidelity’s Ethereum Fund (NASDAQ: FETH) with a total of $1.56 billion in net inflows during 2024. This ETF, which provides investors with exposure to the performance of ETH less certain expenses, also experienced a strong demand throughout the year.

紧随其后的是富达的以太坊基金（纳斯达克股票代码：FETH），2024 年净流入总额为 15.6 亿美元。该 ETF 为投资者提供了扣​​除某些费用后的 ETH 表现敞口，全年也经历了强劲的需求。

Other notable contributors to the overall inflows included Grayscale’s Ethereum Mini Trust and Bitwise Ethereum ETF, which garnered inflows of $608.1 million and over $400 million, respectively.

整体资金流入的其他重要贡献者包括 Grayscale 的以太坊迷你信托和 Bitwise 以太坊 ETF，它们分别吸引了 6.081 亿美元和超过 4 亿美元的资金流入。

Although Ether underperformed Bitcoin in 2024, analysts foresee a rebound in 2025. Factors such as Ethereum Layer 2 developments and increasing ETF flows are expected to boost prices. Analysts project that Ether’s price could reach $7,000, driven by tokenized real-world assets and growing adoption.

尽管以太坊在 2024 年的表现逊于比特币，但分析师预计 2025 年将出现反弹。以太坊 Layer 2 的发展和 ETF 流量增加等因素预计将推高价格。分析师预计，在代币化的现实世界资产和不断增长的采用率的推动下，以太币的价格可能会达到 7,000 美元。

Spot Bitcoin and Ether ETFs Show Strength

现货比特币和以太币 ETF 显示实力

Digital asset investment products saw a net inflow of $308 million last week despite a single-day outflow of $576 million on Friday. Market reactions to the Federal Reserve’s hawkish stance triggered outflows of over $1 billion on the final two days of the week.

数字资产投资产品上周净流入 3.08 亿美元，尽管周五单日流出 5.76 亿美元。市场对美联储强硬立场的反应引发本周最后两天超过 10 亿美元的资金外流。

Bitcoin remained resilient with inflows of $375 million, while multi-asset products suffered losses of $121 million. Among cryptocurrencies, Ether maintained its growth momentum with inflows of $51 million, offsetting Solana’s outflows of $8.7 million.

比特币保持弹性，流入 3.75 亿美元，而多资产产品损失 1.21 亿美元。在加密货币中，以太币保持增长势头，流入 5100 万美元，抵消了 Solana 870 万美元的流出。

Altcoins such as XRP, Horizen, and Polkadot attracted smaller but notable investments. Total assets under management for digital asset ETPs declined by a modest 0.37%, highlighting the resilience of these products compared to previous downturns.

XRP、Horizen 和 Polkadot 等山寨币吸引了规模较小但引人注目的投资。数字资产 ETP 管理的总资产小幅下降 0.37%，凸显了这些产品与之前的低迷时期相比的韧性。