
观点:散户情绪对比特币仍至关重要,机构并未真正「拥有」比特币

BlockBeats 消息,5 月 30 日,Swan Bitcoin 首席执行官 Cory Klippsten 表示,尽管机构资金持续涌入加密市场,但散户投资者对比特币价格走势的影响依然十分重要。
Klippsten 指出,市场常误以为 BlackRock、Fidelity Investments 等机构「拥有了比特币」,实际上 ETF 背后的持有人大多仍是散户投资者,只是通过 ETF 这一载体持有比特币。ETF 发行方仍需在现货市场购买并托管真实比特币,因此相关需求依然是真实需求。
不过,他也提到,期货等部分金融产品会在一定程度上增加市场中的「纸面供应」,但比特币的独特之处仍在于其链上真实资产属性。
对于市场前景,Klippsten 表示,他对比特币 2026 年创出历史新高的预期已明显降温。此前当比特币价格接近 9.5 万美元时,他认为年内创新高概率约为 50%;但随着价格一度跌至 6 万美元区间,目前这一概率已降至 20% 至 25%。
数据显示,自 5 月 15 日以来,美国现货比特币 ETF 已累计录得约 29 亿美元净流出,同期比特币价格下跌约 9.5%。此外,加密市场恐惧与贪婪指数最新报 23,处于「极度恐惧」区间,显示投资者情绪仍较为谨慎。
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