Thinking Crypto 播客强调 XRP ETF 潜力和比特币 ETF 前所未有的增长

Thinking Crypto 播客最近在主持人托尼·爱德华 (Tony Edward) 和 Bitwise 资产管理公司首席投资官马特·霍根 (Matt Hogan) 的讨论中重点关注了加密货币领域的关键发展。

In a recent episode of The Thinking Crypto Podcast, host Tony Edward and Matt Hogan, CIO at Bitwise Asset Management, discussed key developments in the cryptocurrency sector.

在最近一期的《思考加密货币》播客中，主持人托尼·爱德华 (Tony Edward) 和 Bitwise 资产管理公司的首席信息官马特·霍根 (Matt Hogan) 讨论了加密货币领域的关键发展。

Among the topics covered were XRP's ability to maintain its market presence, the increasing market share of Bitcoin ETFs, and potential projections for the broader cryptocurrency market through 2025.

讨论的主题包括 XRP 维持其市场地位的能力、比特币 ETF 市场份额的增加以及到 2025 年对更广泛的加密货币市场的潜在预测。

XRP's enduring appeal, ETF potential

XRP 的持久吸引力和 ETF 潜力

Despite the ongoing legal dispute between Ripple and the SEC, XRP continues to find its way into the market narrative. Its strong technology and community support have positioned it as one of the valuable assets in the crypto space.

尽管 Ripple 和 SEC 之间的法律纠纷持续存在，但 XRP 仍在继续进入市场。其强大的技术和社区支持使其成为加密货币领域的宝贵资产之一。

Bloomberg's Eric Balchunas has also highlighted potential benefits of XRP, particularly in the context of ETFs.

彭博社的 Eric Balchunas 也强调了 XRP 的潜在好处，特别是在 ETF 的背景下。

Bitcoin ETFs have seen impressive adoption this year, surpassing even the early years of gold ETF adoption. Balchunas noted that the implication of this is that capital flows into Bitcoin ETFs have already come into play and could pave the way for an XRP ETF. If approved, such a product would likely bolster XRP's standing in the market, attracting institutional investors and increasing the use of the digital asset.

比特币 ETF 今年的采用率令人印象深刻，甚至超过了早年黄金 ETF 的采用率。 Balchunas 指出，这意味着资金流入比特币 ETF 已经开始发挥作用，并可能为 XRP ETF 铺平道路。如果获得批准，此类产品可能会提升 XRP 在市场上的地位，吸引机构投资者并增加数字资产的使用。

Hogan also mentioned that ETF inflows are expected to grow even further by 2025, and there is already strong inflow growth even in 2024. If XRP is included in the ETF space, this will benefit investors as they will have more options in terms of diversification and further enhance the coin's position in the market.

Hogan 还提到，到 2025 年，ETF 流入量预计将进一步增长，即使在 2024 年，流入量也已经强劲增长。如果 XRP 被纳入 ETF 领域，这将使投资者受益，因为他们将在多元化和投资方面有更多选择。进一步提升了该币的市场地位。

The podcast also offered some insights into the broader crypto space. Hogan expressed optimism about blockchain networks like Solana, Avalanche, and XRP in particular. Hogan sees these protocols as useful for investors and boosting demand for indexed crypto products.

该播客还提供了对更广泛的加密货币领域的一些见解。 Hogan 对 Solana、Avalanche 和 XRP 等区块链网络尤其表示乐观。霍根认为这些协议对投资者有用，并增加了对指数加密产品的需求。

Bitcoin ETFs see record growth

比特币 ETF 增长创纪录

Bitcoin ETFs have become a leading indicator of institutional and retail participation in the cryptoasset market. As reported by CryptoQuant analyst MAC_D, physical Bitcoin ETF holdings have increased by 425,000 BTC this year, rising from 629,900 BTC on January 1 to 1,050,000 BTC.

比特币 ETF 已成为机构和散户参与加密资产市场的领先指标。据 CryptoQuant 分析师 MAC_D 报道，今年实物比特币 ETF 持有量增加了 425,000 BTC，从 1 月 1 日的 629,900 BTC 增至 1,050,000 BTC。

This growth further brought the ETF ownership to 5.33% of the total mined Bitcoin, which is 19.78 million BTC.

这一增长进一步使 ETF 所有权达到了已开采比特币总量的 5.33%，即 1978 万比特币。

Q1 2024 was also a critical period for Bitcoin ETFs as they saw a net inflow of $4 billion, and the trading volumes increased by three times compared to February.

2024年第一季度也是比特币ETF的关键时期，净流入40亿美元，交易量较2月份增长三倍。

MARCH MADNESS: Bitcoin ETFs traded $111b in March, which is just about triple what they did in Feb and Jan. I added the months where only GBTC was on market for further context. I can't imagine April will be bigger but who knows.. pic.twitter.com/AJEE0mPmpW

疯狂三月：比特币 ETF 3 月份的交易量为 111b 美元，大约是 2 月和 1 月交易量的三倍。为了进一步了解背景，我添加了市场上只有 GBTC 的月份。我无法想象四月会更大，但谁知道呢.. pic.twitter.com/AJEE0mPmpW

— Eric Balchunas (@EricBalchunas) April 2, 2024

— Eric Balchunas (@EricBalchunas) 2024 年 4 月 2 日

The BlackRock iShares Bitcoin Trust (IBIT) remains the largest Bitcoin ETF in the United States, with over $40 billion in assets under management. The latest trends show both growth and some unevenness, with $2.4bn net inflows seen in early November and outflows of $770m.

BlackRock iShares Bitcoin Trust (IBIT) 仍然是美国最大的比特币 ETF，管理着超过 400 亿美元的资产。最新趋势显示增长和一些不平衡，11 月初净流入 24 亿美元，流出 7.7 亿美元。

Notably, the ETFs were instrumental in driving Bitcoin to its all-time highs and new record peaks, touching $92,000 during the period.

值得注意的是，ETF 在推动比特币创下历史新高和新纪录峰值方面发挥了重要作用，在此期间触及 92,000 美元。

Regulatory clarity remains a key factor shaping the market. A crypto-friendly framework under a Trump administration could see pending regulatory cases resolved and additional altcoin ETFs approved.

监管清晰度仍然是塑造市场的关键因素。特朗普政府领导下的加密货币友好框架可能会解决悬而未决的监管案件，并批准更多山寨币 ETF。