港股异动 | 加密货币ETF再度下跌 比特币市场遭新一轮避险情绪与科技股抛售拖累

Core Viewpoint - The cryptocurrency ETF market is experiencing a significant decline, with major ETFs like 博时以太币, 华夏以太币, 嘉实比特币, and 华夏比特币 all reporting drops between 5.5% to 5.7% as of the latest update [1] Market Performance - As of November 21, Bitcoin has seen a drop of over 4%, falling below $87,000 for the first time since April, indicating a lack of buying momentum and a clear decline from earlier gains this year [1] - The recent downturn follows a month-long trend of decreasing prices, exacerbated by the exit of rapid trading funds and high-position holders, making the market more susceptible to selling pressure and volatility [1] Influencing Factors - The decline in the cryptocurrency market is primarily driven by a new wave of risk aversion and sell-offs in technology stocks, leading to the exit of major support players such as large investment funds, ETF allocators, and corporate treasuries [1] - The withdrawal of these institutional players has stripped Bitcoin of crucial support that had previously bolstered its price during the early part of the year, pushing the market into a more vulnerable phase [1] - Macro signals are seen as merely igniting the current downturn, with previous institutional allocations and spot ETF inflows providing price support in the first half of the year, but these external supports are now retreating faster than retail liquidity as the sentiment shifts to a defensive stance [1]