Bitcoin, Ethereum ETFs See $742 Million In Outflows, Supply Shock Unlikely In 2025, Report Shows
Bitcoin, Ethereum ETFs See $742 Million In Outflows, Supply Shock Unlikely In 2025, Report Shows
This comes as research from the cryptocurrency exchange Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot ETFs faced substantial net outflows of $742 million on Jan.8.
比特幣（加密貨幣：BTC）和以太幣（加密貨幣：ETH）現貨ETF在1月8日面臨7.42億美元的大量淨流出。
Bitcoin ETFs led the decline, recording $583 million in outflows, with Blackrock's (NASDAQ:IBIT), Fidelity's (CBOE: FBTC), and Ark & 21Shares (CBOE: ARKB) contributing $124 million, $258 million and $148 million, respectively, according to data from SoSo Value.
根據SoSo Value的數據，比特幣ETF領跌，流出5.83億美元，其中貝萊德（納斯達克股票代碼：IBIT）、富達（芝加哥期權交易所股票代碼：FBTC）和方舟21Shares（芝加哥期權交易所股票代碼：ARKB）分別出資1.24億美元、2.58億美元和1.48億美元。
Ethereum spot ETFs saw $159 million in withdrawals, $147 million of which stemmed from Fidelity's (CBOE: FETH), data shows.
數據顯示，以太幣現貨ETF的提款額爲1.59億美元，其中1.47億美元來自富達（芝加哥期權交易所：FETH）。
This comes as research from the cryptocurrency exchange CEX.IO suggests a Bitcoin supply shock is unlikely in 2025, despite market fluctuations and ETF movements.
在此之際，加密貨幣交易所CEX.IO的研究表明，儘管市場波動和ETF走勢，但比特幣的供應衝擊在2025年不太可能發生。
CEX.IO's analysis, released today, indicates that 70% of Bitcoin's circulating supply is in free float, providing ample liquidity to mitigate the risk of a supply shock.
CEX.IO今天發佈的分析表明，比特幣的流通供應中有70％是自由流通的，爲減輕供應衝擊的風險提供了充足的流動性。
Their research further highlights a 1.75 million Bitcoin decrease in long-term holder (LTH) supply in 2024, signaling potential for significant selling pressure within this group in the upcoming year.
他們的研究進一步強調，到2024年，長揸者（LTH）的供應量將減少175萬比特幣，這表明該群體在來年可能會出現巨大的拋售壓力。
While U.S. spot ETFs absorbed 2.4 times the annual mined supply of Bitcoin in 2024, they account for less than 4% of overall trading volume.
儘管美國現貨ETF在2024年吸收了比特幣年開採供應量的2.4倍，但它們佔總交易量的不到4％。
Also Read: Gary Gensler Says 10,000-15,000 Projects Won't Survive, Crypto Market Is 'Wrapped Up In Sentiment'
另請閱讀：加里·根斯勒說 10,000-15,000 個項目無法生存，加密市場 「情緒激動」
This suggests that while influential, ETF trading volume is not the dominant force in the market.
這表明，儘管具有影響力，但ETF的交易量並不是市場的主導力量。
The report revealed a redistribution of Bitcoin supply with exchange reserves dropping 21% while over-the-counter (OTC) balances increased by 105%, and about 40% of Bitcoin's transaction volume in 2024 was exchange related.
該報告顯示了比特幣供應的再分配，外匯儲備下降了21％，而場外交易（OTC）餘額增長了105％，2024年比特幣交易量中約有40％與交易所有關。
CEX.IO also quadrupled its market share in 2024, becoming a top 2 exchange for Bitcoin market depth, with a 61% increase in USD denominated 2% market depth.
CEX.IO的市場份額也在2024年翻了三番，成爲比特幣市場深度的前兩大交易所，以美元計價的市場深度增長了61％，市場深度增長了2％。
The exchange's report argues that with a substantial amount of Bitcoin held by long-term holders ready to take profits, the market will likely see continued adherence to the traditional 4-year market cycle.
該交易所的報告認爲，由於準備獲利的長揸者持有的大量比特幣，市場可能會繼續遵循傳統的4年市場週期。
This analysis states that despite the recent outflows in spot ETFs, these market trends mitigate the risk of a severe supply shock in 2025.
該分析指出，儘管最近現貨ETF出現資金外流，但這些市場趨勢減輕了2025年嚴重供應衝擊的風險。
- $92,000 Is Bitcoin's Key Support — Here's What Top Analyst Says Will Happen If It Fails
- 92,000美元是比特幣的關鍵支撐——這是頂級分析師所說的如果比特幣失敗將發生的情況
Image: Shutterstock
圖片：Shutterstock
