交易所交易基金（ETFs）
VanEck 认为 BNB 的现实世界应用能够在竞争激烈的加密货币 ETF 市场中脱颖而出
VanEck 表示，BNB 的用户活跃度和收入生成能力使其成为比许多仍在销售愿景的区块链项目更具长期投资价值的加密货币。
这不是 SpaceX。比特币 ETF 资金流出或许是一场套利故事
虽然一些分析师认为投资者正在抛售比特币以释放资本，准备参与SpaceX和Anthropic等预期中的首次公开募股，Sygnum的Fabian Dori表示，市场数据指向了其他方向。
Why Strategy sold Bitcoin, VanEck’s BNB bet and a $1.7B ETF exodus
On this episode of CoinDesk's Public Keys from the New York Stock Exchange, host Jennifer Sanasie is joined by Bloomberg Intelligence Senior Research Analyst James Seyffart to break down the SpaceX IPO's pull on crypto capital, four consecutive weeks of Bitcoin ETF outflows topping $1.7 billion, and the Zcash counterfeiting bug. VanEck Director of Digital Assets Product Kyle DaCruz unpacks VBNB, the first US spot BNB ETF, the rise of "revenue chains," and what staking rewards will mean for the product. 100X Capital CIO Joy Pathak — also known as the Wizard of SoHo — shares his top conviction trade in the 10X segment. Plus, Benchmark-StoneX Managing Director Mark Palmer breaks down why the market overreacted to Strategy's first publicized Bitcoin sale, his $570 price target on the company, and his Buy rating with a $32 target on Strive.
加密货币多空观察：美国消费者状况如何？
在本周的《加密多空》中，Alex Tapscott 讨论了 CLARITY 法案的停滞及其对普通美国消费者的影响。随后，Aisha Hunt 写道，加密领域的增长将通过升级华尔街的受信任产品来实现，而非取代它们。
分析师称，比特币ETF资金流出属噪音，华尔街加大对加密货币的押注
近期比特币ETF资金流出在头条新闻中显得颇为惊人，但彭博情报（Bloomberg Intelligence）分析师埃里克·巴尔丘纳斯（Eric Balchunas）表示，更广泛的采用趋势依然稳固。
$3 billion leaves Bitcoin ETFs. Why Wall Street isn't panicking
On this episode of CoinDesk’s Public Keys at the New York Stock Exchange, Jennifer Sanasie is joined by CoinDesk Indices President Dave LaValle to unpack a $2.97 billion outflow streak from Bitcoin ETFs and what it really means for institutional adoption. Bloomberg Intelligence Senior ETF Analyst Eric Balchunas joins the show to explain why the recent outflows may be more noise than signal, share his bullish outlook on the fast-rising HYPE ETFs, and discuss how firms like Morgan Stanley, Goldman Sachs, and BlackRock are expanding access to Bitcoin through new investment products. In this week’s 10X segment, LaValle breaks down the fundamentals of margin trading, explaining what separates professional traders from retail investors when it comes to managing leverage, risk, and conviction. Plus, Stellar Development Foundation CEO and Executive Director Denelle Dixon discusses DTCC’s decision to select Stellar as the first public blockchain connected to its upcoming tokenized securities settlement platform, and what it means for the future of tokenization and institutional blockchain adoption. - This episode of Public Keys is brought to you by Kraken Pro. For more: https://pro.kraken.com/.
