How Bitcoin, Ethereum ETFs Digest The Crash Which Gave Traditional Finance 'A Taste Of A Regular Day In Crypto'
How Bitcoin, Ethereum ETFs Digest The Crash Which Gave Traditional Finance 'A Taste Of A Regular Day In Crypto'
These contrasting fund flows occurred as the broader market grappled with heightened volatility, evidenced by the VIX trading above 65%.In a week marked by significant market turbulence, the cryptocurrency exchange-traded fund (ETF) landscape experienced divergent trends on Aug. 6, with Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot ETFs moving in opposite directions.
在充滿劇烈市場動盪的一週內，加密貨幣交易所交易基金（etf）市場經歷了背道而馳的趨勢。2021年8月6日，比特幣（CRYPTO: BTC）和以太幣（CRYPTO: ETH）現貨etf出現了相反的走勢。
What Happened: This movement comes against a backdrop of assets rallying following a massive sell-off that, according to QCP Capital, gave traditional finance "a taste of a regular day in crypto."
事件經過：這次動態發生在資產大幅反彈的背景下，據QCP Capital稱，這場大規模拋售讓傳統金融「嚐到了數字貨幣市場的日常味道」。
Bitcoin spot ETFs faced substantial outflows totaling $149 million, while Ethereum spot ETFs bucked the trend with a net inflow of $98.3006 million, according to data from SoSo Value.
根據SoSo Value的數據，比特幣現貨etf面臨了14900萬美元的大量流出，而以太幣現貨etf則逆勢吸金，淨流入9830.06萬美元。
These contrasting fund flows occurred as the broader market grappled with heightened volatility, evidenced by the VIX trading above 65%.
這些對比基金的資金流向發生在股市整體波動加劇之際，VIX指數交易高於65%。
Leading the exodus was Fidelity's (BATS:FBTC), with an outflow of $64.48 million, followed by Grayscale's (OTC:GBTC) at $32.1841 million, and ARK Invest's (CBOE: ARKB) at $28.88 million.
撤離人數最多的是富達（BATS:FBTC），資金流出6448萬美元，其次是灰度概念（OTC:GBTC）的3218.41萬美元和ark（CBOE: ARKB）的2888萬美元。
Despite these outflows, the total net asset value of Bitcoin spot ETFs remains robust at $51.466 billion.
儘管出現資金流出，比特幣現貨etf的總資產淨值仍然強勁，達到5146億美元。
On the Ethereum side, BlackRock's (NASDAQ:ETHA) led the charge with a significant inflow of $110 million, while Fidelity's (BATS:FETH) added $22.4894 million.
以太幣方面，貝萊德（NASDAQ:ETHA）大規模流入資金，達11000萬美元，富達（BATS:FETH）增加2248.94萬美元。
However, Grayscale's (NYSE:ETHE) experienced an outflow of $39.7293 million.
然而，灰度概念（NYSE:ETHE）出現了3972.93萬美元的流出。
The total net asset value of Ethereum spot ETFs stands at $7.06 billion, data shows.
數據顯示，以太幣現貨etf的總資產淨值達到706億美元。
Why It Matters: Market analytics firm QCP Capital attributes Monday's market turmoil to a broader sell-off that has since been partially recovered.
爲什麼重要：市場分析公司QCP Capital將週一的市場動盪歸因於一場更廣泛的拋售，後來部分得到了恢復。
They noted that traditional finance markets experienced unusually high volatility, with the VIX trading above 65%.
他們指出，傳統金融市場經歷了異常高的波動，VIX指數交易高於65%。
Looking ahead, QCP Capital anticipates continued selling pressure in the coming days as systematic funds reduce exposure in response to heightened volatility.
展望未來，QCP Capital預計，隨着系統性基金在迎接加劇的波動性時減少敞口，未來幾天將繼續面臨持續的賣壓。
They advise investors to monitor Nasdaq, Nikkei and USDJPY closely due to high cross-asset correlations in the near term.
他們建議投資者密切關注納斯達克、日經和USDJPY，因爲近期跨資產的相關性很高。
The firm also predicts that the Federal Reserve will likely refrain from emergency rate cuts in September or intermeeting cuts in October to avoid exacerbating market panic.
該公司還預測，聯邦儲備委員會可能會避免在9月或10月宣佈緊急減息或會議間減息，以避免加劇市場恐慌。
The broader implications of these trends will likely be a key topic of discussion at Benzinga's Future of Digital Assets event on Nov. 19.
這些趨勢的廣泛影響可能是Benzinga數字資產未來活動的主要討論話題。
