追涨热潮不断升温?比特币交易员开始“上杠杆”!

金十2024-03-13 tarihinde yayınlandı2024-03-13 tarihinde güncellendi

比特币在五天内第三次升至纪录高位,交易员似乎借此机会兑现了近期的部分涨幅。

比特币在周二突破了73000美元的历史峰值,然后回落到70000美元以下。CoinShares的一份报告显示,上周有27亿美元流入加密资产,其中大部分流向了比特币。今年以来,比特币和最大的100种代币的价格都上涨了约70%。

今年以来,比特币和最大的100种代币的价格都上涨了约70%。1月11日美国推出的现货比特币ETF的成功,是近期比特币上涨势头的关键推动因素。贝莱德和富达投资等公司的ETF迄今吸引了约95亿美元的净流入。

英国伦交所也表示,将接受比特币和以太坊ETN的申请,泰国证券管理局则表示,将向散户投资者开放海外加密货币ETF。

一些评论人士指出了进一步上涨的可能性。IG Australia Pty的市场分析师Tony Sycamore在一份报告中写道,比特币“预计将在下跌时得到那些希望在未来几个月将比特币推向8万美元的人的有力支撑。”

Fairlead Strategies LLC技术分析师Katie Stockton也表示,8万美元的中期价格是可以达到的。

杠杆需求不断增加

随着比特币不断创下历史新高,市场对提供杠杆投资的投资工具的需求正在飙升。

VolatilityShares的2倍比特币ETF(BITX)等基于杠杆期货的ETF的资金流入目前已与现货比特币ETF相媲美。根据K33 Research编制的数据,该基金每月净流入6.3亿美元,仅次于贝莱德和富达旗下的现货比特币ETF。

在最大的加密衍生品市场之一芝商所中,基于期货的比特币ETF目前持有83300个代币的历史最高等值敞口,而其中的杠杆比特币ETF的未平仓量占其中的近25%。K33说,由于未平仓量创下历史新高,该平台的期货溢价已攀升至20%。

K33在周二的一份报告称:

“2倍杠杆比特币ETF的资金流大幅增加,说明了近期市场对杠杆比特币多头敞口的巨大需求,这与比特币衍生品的风险偏好上升是一致的。大量资金流入该基金,是芝商所未平仓合约激增的主要催化剂。”

K33数据显示,BITX目前持有36025枚比特币,其管理的加密货币在3月份头11天内就翻了一倍。

投资者对此类基金的兴趣日益浓厚,并催生了一系列新的杠杆产品。不过,总部位于美国的金融机构倾向于使用受监管的产品,如芝商所的加密货币期货和传统资产管理公司的现货ETF,而海外实体则转向衍生品交易所Deribit的期权合约和币安的永续期货,这些是最受加密货币交易员欢迎的产品之一。

目前,主要离岸交易所的比特币永续期货融资利率(衡量加密货币杠杆率的关键指标)仍处于高位领先的加密期权交易平台Deribit的未平仓量创下纪录,比特币看涨押注激增。报告称:

“市场上巨大的风险偏好将继续凸显,融资利率居高不下,而未平仓合约的价格波动剧烈。”

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