BlackRock, Fidelity Lead $257M Bitcoin ETF Surge, As Analysis Predicts $74,000 Comeback
BlackRock, Fidelity Lead $257M Bitcoin ETF Surge, As Analysis Predicts $74,000 Comeback
The demand for Bitcoin (CRYPTO: BTC) exposure among U.S. investors continues to rise, with spot Bitcoin ETFs recording a fourth consecutive day of inflows on May 16.
美国投资者对比特币（加密货币：BTC）敞口的需求持续上升，现货比特币ETF在5月16日连续第四天出现资金流入。
What Happened: The total net inflow for the day reached $257.34 million, suggesting growing institutional interest in the leading cryptocurrency, according to data from SoSo value.
发生了什么：根据SoSo value的数据，当天的净流入总额达到2.5734亿美元，这表明机构对这种领先的加密货币的兴趣与日俱增。
BlackRock's iShares Bitcoin Trust (NASDAQ:IBIT) led the surge with a net inflow of $93.70 million, followed by Fidelity's Wise Origin Bitcoin Trust (BATS:FBTC) at $67.08 million.
贝莱德的iShares比特币信托基金（纳斯达克股票代码：IBIT）以9,370万美元的净流入量领涨，其次是富达的Wise Origin比特币信托基金（BATS: FBTC），净流入量为6,708万美元。
Notably, Grayscale's Bitcoin Investment Trust (OTC:GBTC), the world's largest Bitcoin fund, saw a more modest inflow of $4.64 million.
值得注意的是，全球最大的比特币基金Grayscale的比特币投资信托基金（场外交易代码：GBTC）的流入量较小，为464万美元。
This bullish sentiment comes despite warnings from JPMorgan analysts who, in a recent report, stated that Bitcoin's upside potential is limited.
尽管摩根大通分析师警告说，比特币的上行潜力有限，但这种看涨情绪还是出现了。
They cited the slowdown in inflows into U.S. spot Bitcoin ETFs and waning interest in Hong Kong-based spot Bitcoin and Ether ETFs as reasons for their cautious outlook.
他们指出，美国现货比特币ETF的流入放缓以及对香港现货比特币和以太币ETF的兴趣减弱是他们前景谨慎的原因。
JPMorgan estimates the current Bitcoin production cost to be between $42,000 and $45,000, potentially capping significant price increases in the short term.
摩根大通估计，目前的比特币生产成本在42,000美元至45,000美元之间，有可能在短期内限制价格的大幅上涨。
Also Read: Senate Votes To Overturn Controversial SEC Crypto Rule, But Will Biden Veto It?
另请阅读：参议院投票推翻有争议的美国证券交易委员会加密规则，但拜登会否决该规则吗？
Institutional Investors Remain Bullish On Bitcoin
机构投资者仍然看好比特币
However, the analyst warnings seem to be falling on deaf ears among some major institutional players.
但是，一些主要的机构参与者似乎对分析师的警告充耳不闻。
QCP Capital, a leading crypto firm, expects Bitcoin's price to revisit its November 2023 highs of $74,000.
领先的加密货币公司QCP Capital预计，比特币的价格将重新回到2023年11月的高点74,000美元。
They point to sizeable call option purchases (contracts that give the buyer the right, but not the obligation, to buy Bitcoin at a certain price by a certain date) as evidence of strong institutional demand.
他们指出，大量购买看涨期权（赋予买方在特定日期之前以一定价格购买比特币的权利，但没有义务的合约）是机构需求强劲的证据。
QCP Capital also highlights the recent investments by large asset managers Millenium and Schonfeld, who allocated approximately 3% and 2% of their assets under management (AUM) to Bitcoin spot ETFs, respectively.
QCP Capital还重点介绍了大型资产管理公司Millenium和Schonfeld最近的投资，他们分别将其管理资产（AUM）的约3％和2％分配给了比特币现货ETF。
The evolving landscape of digital assets and the role of institutional investments in shaping market trends will be a focal point at Benzinga's Future of Digital Assets event on Nov. 19.
数字资产不断变化的格局以及机构投资在塑造市场趋势中的作用将成为11月19日Benzinga数字资产未来活动的焦点。
This event promises to provide valuable insights into the future trajectory of digital assets, offering perspectives from leading industry experts on investment strategies and market developments.
该活动有望为数字资产的未来轨迹提供宝贵的见解，提供领先的行业专家对投资策略和市场发展的观点。
Image: Shutterstock
图片：Shutterstock