分析:12.6亿美元比特币ETF资金流出或成「逆向买入信号」

BlockBeats 消息,5 月 23 日,加密分析平台 Santiment 表示,美国现货比特币 ETF 过去 6 个交易日累计净流出约 12.6 亿美元,可能反而构成比特币的「逆向买入信号」。Santiment 认为,ETF 资金流向更多反映散户情绪,而非「聪明钱」仓位变化。
报告指出,部分散户因比特币 5 月未能站稳 8 万美元上方而失去耐心,目前 BTC 报约 75,400 美元,较 5 月 16 日约 79,000 美元高点回落。Santiment 表示,历史上持续 ETF 流出往往对应「适合耐心吸筹」的阶段,而非市场恐慌。
不过,这一观点与市场主流看法存在分歧。多数分析认为,现货比特币 ETF 连续流出通常意味着市场情绪转弱、价格可能进一步承压。
另一方面,彭博 ETF 分析师 James Seyffart 表示,自 ETF 上线以来累计净流入已接近 600 亿美元,基本收复去年 10 月至今年 2 月约 90 亿美元流出造成的影响,并预计未来随着更多 ETF 产品推出,资金流入规模有望再创历史新高。
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