<p>Wintermute 发现 2025 年的加密货币流动性集中在比特币和以太坊上，山寨币的反弹时间较短，而机构资金流入和 ETF 主导市场活动。来源：https://catenaa.com/markets/cryptocurrencies/wintermute-report-shows-crypto-liquidity-concentrated-in-btc-eth-as-altcoin-rallies-fade/</p>

<p>Wintermute 发现 2025 年的加密货币流动性集中在比特币（BTC）和以太坊（ETH）上，山寨币的反弹时间较短，而机构资金流入和 ETF 主导市场活动</p>

<p>Wintermute finds 2025 crypto liquidity concentrated in BTC and ETH, with altcoin rallies shorter, while institutional flows and ETFs dominate market activity. source: https://catenaa.com/markets/cryptocurrencies/wintermute-report-shows-crypto-liquidity-concentrated-in-btc-eth-as-altcoin-rallies-fade/</p>
<div class="lb-trans"><p>Wintermute 发现 2025 年的加密货币流动性集中在比特币和以太坊上，山寨币的反弹时间较短，而机构资金流入和 ETF 主导市场活动。来源：https://catenaa.com/markets/cryptocurrencies/wintermute-report-shows-crypto-liquidity-concentrated-in-btc-eth-as-altcoin-rallies-fade/</p>
</div>

Wintermute report shows crypto liquidity concentrated in BTC, ETH as altcoin rallies fade

CoinLive

Bitdeer Tech

Riot Platforms

Galaxy Digital

Hut 8 Mining

Grayscale Ethereum Staking ETF

Coinbase

VanEck Bitcoin ETF

Hashdex Nasdaq CME Crypto Index US ETF

Core Scientific, Inc.

CleanSpark

Bitwise Bitcoin ETF

Robinhood

Global X Blockchain ETF

ProShares Bitcoin Strategy ETF

区块链 ETF - Amplify

Marathon Digital

Franklin Bitcoin ETF

Global X Blockchain & Bitcoin Strategy ETF

CoinShares Bitcoin ETF

Franklin Crypto Index ETF

Hashdex Bitcoin Futures ETF

Invesco Galaxy Bitcoin ETF

Global X Bitcoin Covered Call ETF

Grayscale Ethereum Mini Staking ETF

WisdomTree Bitcoin Fund

iShares Bitcoin Trust ETF

ProShares Short Bitcoin Strategy ETF

Global X Bitcoin Trend Strategy ETF

Fidelity Wise Origin Bitcoin Fund - ETF

Grayscale Ethereum Covered Call ETF

Grayscale Bitcoin Miners ETF

Grayscale Bitcoin Premium Income ETF

ARK 21Shares Bitcoin ETF

Grayscale Bitcoin Trust BTC - ETF

Bitfarms Canada

Wintermute 报告显示，加密货币的流动性集中在 BTC 和 ETH 上，而山寨币的反弹正在消退