What Is Going On With Bitcoin And Ethereum ETFs?
What Is Going On With Bitcoin And Ethereum ETFs?
The cryptocurrency market continues to show resilience as Bitcoin (CRYPTO: BTC) spot ETFs recorded a net inflow of $11.7997 million on June 27, despite significant outflows from the Grayscale Bitcoin Trust (OTC:GBTC).
加密货币市场表现出韧性，尽管Grayscale Bitcoin Trust（OTC：GBTC）大量流出，但比特币（CRYPTO: BTC）现货ETF在6月27日录得1179.97万美元的净流入。
What Happened: This data comes as analysts express optimism about the imminent launch of spot Ethereum ETFs in the United States.
发生了什么：分析师对即将在美国推出现货以太坊ETF表示乐观，这些数据伴随而来。
According to data from SoSo Value, while GBTC experienced an outflow of $11.4407 million, other ETFs more than compensated for this loss.
根据SoSo Value的数据，尽管GBTC出现1144.07万美元的流出，但其他ETF的流入多次弥补了这一损失。
The Bitwise ETF (BITB) and Fidelity ETF (BATS:FBTC) saw inflows of $8.0432 million and $6.7194 million respectively, underscoring the ongoing demand for Bitcoin investment products.
Bitwise ETF（BITB）和Fidelity ETF（BATS：FBTC）分别看到8,043.2万美元和6,719.4万美元的流入，凸显了对比特币投资产品的持续需求。
Also Read: Is Altseason Around The Corner? Real Vision Analyst Reveals Key Indicators
另请参阅：Real Vision分析师揭示关键因素，看不看好下一个Altseason？
Why It Matters: This mixed ETF performance comes as the crypto community turns its attention to the potential approval of spot Ethereum ETFs.
为什么很重要：这种复杂的ETF表现是因为加密货币社区把注意力转向现货以太坊ETF的潜在批准。
In a report released on Thursday, Steno Research painted a bullish picture for Ethereum (CRYPTO: ETH), predicting net inflows of $15 billion to $20 billion in the first year of spot Ethereum ETF launches, Coindesk reported.
Steno Research在周四发布的一份报告中，对以太坊（CRYPTO： ETH）持乐观态度，预计现货以太坊ETF推出的第一年将有150-200亿美元的净流入，CoinDesk报道。
"We continue to forecast a net inflow between $15 billion and $20 billion in the first 12 months, even considering the outflow from the Grayscale Ethereum Trust (OTC:ETHE)," said Mads Eberhardt, senior analyst at Steno Research.
Steno Research公司的高级分析师Mads Eberhardt表示："即使考虑到Grayscale Ethereum Trust（OTC：ETHE）的流出，我们仍然预测在前12个月内会有150-200亿美元的净流入。"
The report suggests that these inflows could drive Ethereum's value to at least $6,500 later this year.
该报告建议这些流入可能会推动以太坊的价值至少在今年晚些时候达到6,500美元。
Steno Research's bullish stance on Ethereum ETFs contrasts with some other market predictions.
Steno Research对以太坊ETF的看法与市场上其他一些预测形成鲜明对比。
Galaxy Research, for instance, forecasts $5 billion of net inflows in the first five months, while asset manager Bitwise predicts $15 billion over 18 months.
例如，Galaxy Research预测头5个月会有50亿美元的净流入，而资产管理公司Bitwise则预测18个月内会有150亿美元的净流入。
Steno argues that due to Ethereum's lower market capitalization and poorer liquidity compared to Bitcoin, even smaller inflows could have a more significant impact on its price.
Steno指出，由于以太坊的市值较小，流动性较差，即使是小额净流入也可能对其价格产生更大的影响。
The report also suggests that the Ethereum/Bitcoin ratio could strengthen to 0.065 later this year, indicating potential outperformance of Ethereum relative to Bitcoin.
该报告还建议，以太坊/比特币比率可能在今年晚些时候增强至0.065，表明以太坊相对于比特币的可能表现更佳。
As the cryptocurrency market continues to evolve, with new investment products entering the mainstream, events like Benzinga's Future of Digital Assets on Nov. 19 become increasingly crucial for understanding market trends and regulatory developments.
随着新的投资产品进入主流，像Benzinga的数字资产未来一样的事件对于了解市场趋势和监管发展变得越来越重要。
Image: Shutterstock
图片：shutterstock