比特币 ETF 的潮流正在转变吗？富达在资金流入竞赛中击败贝莱德

Is the Tide Turning for Bitcoin ETFs?

比特币 ETF 的潮流正在转变吗？

After a week of hefty outflows, Bitcoin ETFs have found their footing again, with net inflows trickling back in as of March 25th. Surprisingly, Fidelity's FBTC ETF stole the show, raking in $261 million in inflows, overshadowing BlackRock's IBIT, which managed a modest $35 million.

经过一周的大量资金流出后，比特币 ETF 再次站稳脚跟，截至 3 月 25 日，净流入逐渐回升。令人惊讶的是，富达 (Fidelity) 的 FBTC ETF 出尽风头，吸引了 2.61 亿美元的资金流入，令贝莱德 (BlackRock) 的 IBIT 黯然失色，后者管理着 3500 万美元的资金。

Fidelity Beats BlackRock at the Inflows Game

富达在资金流入游戏中击败贝莱德

Monday marked a triumphant day for Fidelity, with its FBTC ETF emerging as the clear winner. BlackRock's IBIT, on the other hand, elicited a lukewarm response, bringing in a mere fraction of FBTC's inflows.

周一是富达的胜利日，其 FBTC ETF 成为明显的赢家。另一方面，贝莱德的 IBIT 却引起了冷淡的反应，只带来了 FBTC 资金流入的一小部分。

Grayscale's Outflows: A Blip on the Radar?

灰度的资金流出：雷达上的一个亮点？

Meanwhile, Grayscale's Bitcoin ETF (GBTC) continues to experience hefty outflows, with a whopping $350 million exiting on Monday. However, market analysts predict a slowdown in these outflows.

与此同时，Grayscale 的比特币 ETF (GBTC) 继续出现大量资金流出，周一流出金额高达 3.5 亿美元。然而，市场分析师预测这些资金外流将会放缓。

Behind the Grayscale Outflows: A Shady Deal?

灰度资金外流背后：不正当交易？

Bloomberg strategist James Seyffart has a theory: the outflows could be linked to the bankruptcy proceedings of Gemini and Genesis, with both companies selling their GBTC shares. Seyffart suggests that there may have been self-serving motives behind liquidating these positions at net asset value (NAV).

彭博社策略师 James Seyffart 有一个理论：资金外流可能与 Gemini 和 Genesis 的破产程序有关，两家公司都出售了 GBTC 股票。 Seyffart 认为，以资产净值 (NAV) 清算这些头寸背后可能存在自私动机。

Banks Jump on the BTC ETF Bandwagon

银行纷纷加入 BTC ETF 行列

In a promising sign, QCP Capital reports that major banks' wealth desks are seeing a surge in requests from clients for Bitcoin spot ETFs. Accumulators and FCNs (Financial Contracts for Differences) are also in high demand.

QCP Capital 报告称，主要银行的财富柜台发现客户对比特币现货 ETF 的需求激增，这是一个有希望的迹象。累加器和 FCN（差价金融合约）的需求也很高。

Institutional Investors Cozy Up to Crypto

机构投资者热衷于加密货币

The growing appetite for BTC spot ETFs signals a shift in investor sentiment, as traditional financial instruments provide exposure to Bitcoin. Asset managers are also diversifying their portfolios by allocating funds to BTC, highlighting its recognition as an alternative asset class.

对 BTC 现货 ETF 的兴趣日益增长，标志着投资者情绪的转变，因为传统金融工具提供了比特币敞口。资产管理公司还通过将资金分配给比特币来实现投资组合多元化，突显其作为另类资产类别的认可。

SEC to Shed Light on Bitcoin ETF Holdings

美国证券交易委员会 (SEC) 公布比特币 ETF 持仓情况

Next week, institutional investment managers will unveil their Bitcoin ETF holdings in their 13F filings with the SEC. This will give us a glimpse into who's buying and holding.

下周，机构投资经理将在向 SEC 提交的 13F 文件中公布其持有的比特币 ETF。这将使我们了解谁在购买和持有。

Bitcoin Bounces Back

比特币反弹

Amid the positive ETF inflows, Bitcoin's price rebounded, surpassing $70,000 on Monday. At the time of writing, BTC is trading at $70,533, a healthy 5.5% increase.

在 ETF 资金积极流入的情况下，比特币价格反弹，周一突破 70,000 美元。截至撰写本文时，BTC 交易价格为 70,533 美元，健康上涨 5.5%。