现货ETF激增抵消灰度资金流出，比特币面临方向不确定

周二，美国的比特币 ETF 吸引了大量资金流入，抵消了灰度比特币信托基金的资金流出，这是一个显着的逆转。新ETF流入总额约为4.18亿美元，其中富达的FBTC和贝莱德的IBIT领先。尽管有资金流入，比特币仍保持在 70,000 美元大关附近，这表明可能来自长期持有者的持续抛售。

Influx of Spot ETFs Counteracts Grayscale Outflows, Bitcoin Faces Downtrend

现货ETF涌入抵消灰度资金流出，比特币面临下行趋势

Amidst a turbulent market landscape, spot exchange-traded funds (ETFs) for Bitcoin (BTC) in the United States have experienced a notable surge in inflows, mitigating outflows from the incumbent Grayscale Bitcoin Trust (GBTC).

在动荡的市场格局中，美国比特币 (BTC) 现货交易所交易基金 (ETF) 的资金流入显着激增，缓解了现有灰度比特币信托 (GBTC) 的资金流出。

On Tuesday, these Bitcoin spot ETFs witnessed inflows totaling 6,000 BTC, amounting to approximately $418 million. This influx, the largest since mid-March, has propelled the total value of Bitcoins held in these ETFs to $57.2 billion, representing 4.20% of Bitcoin's overall market capitalization.

周二，这些比特币现货 ETF 共流入 6,000 BTC，约合 4.18 亿美元。这是自 3 月中旬以来最大的资金流入，使这些 ETF 中持有的比特币总价值达到 572 亿美元，占比特币总市值的 4.20%。

Fidelity's spot ETF (FBTC) spearheads the inflows, accumulating $279.10 million worth of Bitcoins, while BlackRock's IBIT fund follows closely with $162 million in inflows. These nine newly established ETFs have collectively offset the $212 million in outflows from GBTC.

富达 (Fidelity) 的现货 ETF (FBTC) 引领比特币流入，积累了价值 2.791 亿美元的比特币，而贝莱德 (BlackRock) 的 IBIT 基金紧随其后，流入 1.62 亿美元。这九只新成立的 ETF 总共抵消了 GBTC 2.12 亿美元的资金流出。

Notably, the accumulation in these new ETFs encompasses all newly mined Bitcoins for the day, matching GBTC's outflows and an additional 5,092 coins from other sources, as reported by venture capital firm HODL15Capital.

值得注意的是，据风险投资公司 HODL15Capital 报道，这些新 ETF 的积累涵盖了当天所有新开采的比特币，与 GBTC 的流出量以及来自其他来源的额外 5,092 枚比特币相匹配。

Despite the substantial inflows into spot ETFs, Bitcoin's price remains anchored around the $70,000 mark, indicating ongoing selling pressure. This selling trend is primarily attributed to long-term holders of the cryptocurrency, who have been profiting from their holdings.

尽管大量资金流入现货 ETF，但比特币价格仍稳定在 70,000 美元大关附近，表明抛售压力持续存在。这种抛售趋势主要归因于加密货币的长期持有者，他们一直从持有的加密货币中获利。

Data suggests that long-term holders have been actively selling, bringing previously inactive coins into the liquid supply. This availability may fuel increased demand and market volatility in the future.

数据显示，长期持有者一直在积极抛售，将之前不活跃的代币纳入流动供应中。这种可用性可能会加剧未来的需求增加和市场波动。

Meanwhile, Bitcoin's Fear and Greed Index currently reflects "extreme greed," suggesting the potential for sustained buying pressure in the coming days. If realized, this momentum could drive Bitcoin's price upward.

与此同时，比特币的恐惧和贪婪指数目前反映了“极度贪婪”，表明未来几天可能存在持续的购买压力。如果实现的话，这种势头可能会推动比特币的价格上涨。

In conclusion, the influx into spot ETFs has counterbalanced outflows from GBTC, providing some respite for Bitcoin. However, the coin continues to face selling pressure from long-term holders, potentially leading to a more volatile market environment in the future.

总之，现货 ETF 的涌入抵消了 GBTC 的资金流出，为比特币提供了一些喘息的机会。然而，该代币继续面临长期持有者的抛售压力，可能导致未来更加不稳定的市场环境。