Theo Matt Hougan, Gi\u00e1m \u0111\u1ed1c \u0110\u1ea7u t\u01b0 t\u1ea1i Bitwise, Bitcoin \u0111ang tr\u00ean \u0111\u00e0 \u0111\u1ea1t t\u1edbi m\u1ee9c gi\u00e1 s\u00e1u ch\u1eef s\u1ed1. \u00d4ng tin r\u1eb1ng xu h\u01b0\u1edbng t\u0103ng gi\u00e1 c\u1ee7a Bitcoin ch\u1ec9 m\u1ea1nh h\u01a1n trong nh\u1eefng tu\u1ea7n g\u1ea7n \u0111\u00e2y. M\u1ed9t s\u1ef1 k\u1ebft h\u1ee3p gi\u1eefa s\u1ef1 quan t\u00e2m c\u1ee7a c\u00e1c t\u1ed5 ch\u1ee9c, c\u00e1c y\u1ebfu t\u1ed1 kinh t\u1ebf v\u0129 m\u00f4 v\u00e0 d\u1eef li\u1ec7u tr\u00ean chu\u1ed7i h\u1ed7 tr\u1ee3 cho d\u1ef1 \u0111o\u00e1n n\u00e0y.<\/p>\n\n
C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 t\u1ed5 ch\u1ee9c \u0111\u00f3ng m\u1ed9t vai tr\u00f2 l\u1edbn trong vi\u1ec7c \u0111\u01b0a Bitcoin v\u01b0\u1ee3t qua ng\u01b0\u1ee1ng 100.000 \u0111\u00f4 la. C\u00e1c qu\u1ef9 ho\u00e1n \u0111\u1ed5i danh m\u1ee5c (ETF) t\u1eadp trung v\u00e0o Bitcoin \u0111\u00e3 ch\u1ee9ng ki\u1ebfn s\u1ef1 t\u0103ng tr\u01b0\u1edfng m\u1ea1nh m\u1ebd. Eric Balchunas, m\u1ed9t chuy\u00ean gia v\u1ec1 ETF, l\u01b0u \u00fd r\u1eb1ng c\u00e1c ETF Bitcoin giao ngay c\u1ee7a Hoa K\u1ef3 \u0111\u00e3 v\u01b0\u1ee3t qu\u00e1 20 t\u1ef7 \u0111\u00f4 la trong d\u00f2ng ti\u1ec1n r\u00f2ng. C\u00e1c ETF n\u00e0y hi\u1ec7n \u0111ang qu\u1ea3n l\u00fd h\u01a1n 65 t\u1ef7 \u0111\u00f4 la t\u00e0i s\u1ea3n. C\u00e1c ETF v\u00e0ng \u0111\u00e3 m\u1ea5t nhi\u1ec1u n\u0103m \u0111\u1ec3 \u0111\u1ea1t \u0111\u01b0\u1ee3c nh\u1eefng con s\u1ed1 t\u01b0\u01a1ng t\u1ef1, nh\u01b0ng c\u00e1c s\u1ea3n ph\u1ea9m Bitcoin \u0111\u00e3 \u0111\u1ea1t \u0111\u01b0\u1ee3c c\u1ed9t m\u1ed1c n\u00e0y ch\u1ec9 trong v\u00f2ng m\u1ed9t n\u0103m. \u0110i\u1ec1u n\u00e0y cho th\u1ea5y nhu c\u1ea7u l\u1edbn t\u1eeb c\u1ea3 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 b\u00e1n l\u1ebb v\u00e0 t\u1ed5 ch\u1ee9c.<\/p>\n\n
D\u1eef li\u1ec7u tr\u00ean chu\u1ed7i c\u0169ng ch\u1ec9 ra r\u1eb1ng gi\u00e1 Bitcoin \u0111ang t\u0103ng. Nh\u1eefng ng\u01b0\u1eddi n\u1eafm gi\u1eef l\u1edbn, \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0 c\u00e1 voi, \u0111\u00e3 v\u00e0 \u0111ang mua Bitcoin v\u1edbi t\u1ed1c \u0111\u1ed9 ch\u01b0a t\u1eebng th\u1ea5y. D\u1eef li\u1ec7u t\u1eeb CryptoQuant cho th\u1ea5y gi\u00e1 tr\u1ecb h\u1ee3p \u0111\u1ed3ng m\u1edf c\u1ee7a Bitcoin \u0111\u00e3 \u0111\u1ea1t m\u1ee9c cao nh\u1ea5t m\u1ecdi th\u1eddi \u0111\u1ea1i l\u00e0 20 t\u1ef7 \u0111\u00f4 la. C\u00e1c v\u00ed c\u00e1 voi m\u1edbi hi\u1ec7n ki\u1ec3m so\u00e1t 9,3% t\u1ed5ng ngu\u1ed3n cung Bitcoin. Ki Young Ju, ng\u01b0\u1eddi s\u00e1ng l\u1eadp CryptoQuant, nh\u1ea5n m\u1ea1nh nh\u1eefng xu h\u01b0\u1edbng n\u00e0y nh\u01b0 l\u00e0 d\u1ea5u hi\u1ec7u cho th\u1ea5y s\u1ef1 t\u1ef1 tin ng\u00e0y c\u00e0ng t\u0103ng tr\u00ean th\u1ecb tr\u01b0\u1eddng.<\/p>\n\n
Cu\u1ed9c b\u1ea7u c\u1eed t\u1ed5ng th\u1ed1ng Hoa K\u1ef3 s\u1eafp t\u1edbi c\u00f3 th\u1ec3 t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn gi\u00e1 Bitcoin. \u1ee8ng c\u1eed vi\u00ean \u1ee7ng h\u1ed9 Bitcoin, Donald Trump, d\u1eabn \u0111\u1ea7u m\u1ed9t s\u1ed1 cu\u1ed9c th\u0103m d\u00f2 v\u1ec1 c\u00e1 c\u01b0\u1ee3c tr\u00ean chu\u1ed7i kh\u1ed1i tr\u00ean c\u00e1c n\u1ec1n t\u1ea3ng nh\u01b0 Kalshi v\u00e0 Polymarket. C\u00e1c chuy\u00ean gia tin r\u1eb1ng Bitcoin s\u1ebd ho\u1ea1t \u0111\u1ed9ng t\u1ed1t b\u1ea5t k\u1ec3 b\u00ean n\u00e0o th\u1eafng c\u1eed v\u00e0o Nh\u00e0 Tr\u1eafng. Kh\u00ed h\u1eadu ch\u00ednh tr\u1ecb c\u00f3 th\u1ec3 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn c\u00e1c ch\u00ednh s\u00e1ch ph\u00e1p quy t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn Bitcoin v\u00e0 c\u00e1c lo\u1ea1i ti\u1ec1n m\u00e3 h\u00f3a kh\u00e1c.<\/p>\n\n
T\u00ednh thanh kho\u1ea3n d\u1ef1 ki\u1ebfn s\u1ebd ch\u1ea3y v\u00e0o c\u00e1c t\u00e0i s\u1ea3n r\u1ee7i ro nh\u01b0 Bitcoin s\u1edbm th\u00f4i. D\u1eef li\u1ec7u theo m\u00f9a cho th\u1ea5y qu\u00fd IV th\u01b0\u1eddng ch\u1ee9ng ki\u1ebfn s\u1ef1 gia t\u0103ng tr\u00ean th\u1ecb tr\u01b0\u1eddng ti\u1ec1n m\u00e3 h\u00f3a. \u0110i\u1ec1u n\u00e0y \u0111\u01b0\u1ee3c h\u1ed7 tr\u1ee3 b\u1edfi c\u00e1c m\u1ee9c gi\u00e1 c\u1ed5 phi\u1ebfu m\u1edbi v\u00e0 vi\u1ec7c c\u1eaft gi\u1ea3m l\u00e3i su\u1ea5t to\u00e0n c\u1ea7u c\u1ee7a c\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng, bao g\u1ed3m c\u1ea3 C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang. Theo l\u1ecbch s\u1eed, Bitcoin th\u01b0\u1eddng t\u0103ng gi\u00e1 h\u01a1n l\u00e0 gi\u1ea3m gi\u00e1 trong qu\u00fd IV. M\u1ed9t m\u00f4i tr\u01b0\u1eddng c\u00f3 t\u1ef7 l\u1ec7 t\u00e0i tr\u1ee3 th\u1ea5p c\u00f3 th\u1ec3 th\u00fac \u0111\u1ea9y th\u00eam xu h\u01b0\u1edbng n\u00e0y.<\/p>\n\n
ETF Bitcoin c\u1ee7a BlackRock thu h\u00fat nh\u1eefng ng\u01b0\u1eddi \u0111am m\u00ea ti\u1ec1n m\u00e3 h\u00f3a m\u1edbi \u0111\u1ebfn v\u1edbi Ph\u1ed1 Wall. Samara Cohen, Gi\u00e1m \u0111\u1ed1c \u0110\u1ea7u t\u01b0 c\u1ee7a Qu\u1ef9 ETF v\u00e0 \u0110\u1ea7u t\u01b0 Ch\u1ec9 s\u1ed1 t\u1ea1i BlackRock, l\u01b0u \u00fd r\u1eb1ng nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111ang \u0111\u1ed5 x\u00f4 \u0111\u1ebfn c\u00e1c s\u1ea3n ph\u1ea9m ho\u00e1n \u0111\u1ed5i danh m\u1ee5c (ETP) Bitcoin giao ngay c\u1ee7a h\u1ecd. B\u00e0 cho bi\u1ebft 75% trong s\u1ed1 nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00e0y ch\u01b0a bao gi\u1edd s\u1edf h\u1eefu ETF iShares tr\u01b0\u1edbc \u0111\u00e2y. \u0110i\u1ec1u n\u00e0y ch\u1ec9 ra r\u1eb1ng c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 ti\u1ec1n m\u00e3 h\u00f3a \u0111ang t\u00ecm hi\u1ec3u v\u1ec1 nh\u1eefng l\u1ee3i \u00edch c\u1ee7a l\u1edbp bao b\u1ecdc ETF.<\/p>\n\n
Tr\u01b0\u1edbc khi \u1ee6y ban Ch\u1ee9ng kho\u00e1n v\u00e0 Giao d\u1ecbch Hoa K\u1ef3 ch\u1ea5p thu\u1eadn c\u00e1c qu\u1ef9 Bitcoin giao ngay, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 c\u00e1c l\u1ef1a ch\u1ecdn h\u1ea1n ch\u1ebf \u0111\u1ec3 mua v\u00e0 l\u01b0u tr\u1eef ti\u1ec1n m\u00e3 h\u00f3a. C\u00e1c s\u00e0n giao d\u1ecbch t\u1eadp trung nh\u01b0 Coinbase l\u00e0 m\u1ed9t trong nh\u1eefng l\u1ef1a ch\u1ecdn th\u00e2n thi\u1ec7n nh\u1ea5t v\u1edbi ng\u01b0\u1eddi d\u00f9ng. Tuy nhi\u00ean, vi\u1ec7c tri\u1ec3n khai c\u00e1c ETP Bitcoin cho th\u1ea5y c\u00e1c s\u00e0n giao d\u1ecbch ti\u1ec1n m\u00e3 h\u00f3a \u0111\u00e3 kh\u00f4ng \u0111\u00e1p \u1ee9ng \u0111\u01b0\u1ee3c t\u1ea5t c\u1ea3 c\u00e1c nhu c\u1ea7u c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 t\u00e0i s\u1ea3n k\u1ef9 thu\u1eadt s\u1ed1. L\u1edbp bao b\u1ecdc ETF cung c\u1ea5p m\u1ed9t c\u00e1ch ti\u1ebfp c\u1eadn ti\u1ec1n m\u00e3 h\u00f3a d\u1ec5 d\u00e0ng h\u01a1n v\u00e0 \u0111\u01b0\u1ee3c qu\u1ea3n l\u00fd ch\u1eb7t ch\u1ebd h\u01a1n.<\/p>\n\n
Chainalysis b\u00e1o c\u00e1o r\u1eb1ng B\u1eafc M\u1ef9 v\u1eabn l\u00e0 th\u1ecb tr\u01b0\u1eddng ti\u1ec1n m\u00e3 h\u00f3a l\u1edbn nh\u1ea5t tr\u00ean to\u00e0n c\u1ea7u, chi\u1ebfm g\u1ea7n 23% t\u1ed5ng kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch ti\u1ec1n m\u00e3 h\u00f3a. Trong kho\u1ea3ng th\u1eddi gian t\u1eeb th\u00e1ng 7 n\u0103m 2023 \u0111\u1ebfn th\u00e1ng 7 n\u0103m 2024, c\u00f3 1,3 ngh\u00ecn t\u1ef7 \u0111\u00f4 la gi\u00e1 tr\u1ecb \u0111\u01b0\u1ee3c nh\u1eadn tr\u00ean chu\u1ed7i. C\u00f4ng ty \u0111\u1ea7u t\u01b0 m\u1ea1o hi\u1ec3m a16z ph\u00e1t hi\u1ec7n trong b\u00e1o c\u00e1o State of Crypto c\u1ee7a m\u00ecnh r\u1eb1ng h\u01a1n 40 tri\u1ec7u ng\u01b0\u1eddi M\u1ef9 n\u1eafm gi\u1eef ti\u1ec1n m\u00e3 h\u00f3a. Vi\u1ec7c \u00e1p d\u1ee5ng n\u00e0y ch\u1ee7 y\u1ebfu \u0111\u1ebfn t\u1eeb c\u00e1c kh\u00e1ch h\u00e0ng qu\u1ea3n l\u00fd t\u00e0i s\u1ea3n y\u00eau c\u1ea7u c\u00e1c c\u1ed1 v\u1ea5n th\u00eam c\u00e1c s\u1ea3n ph\u1ea9m ti\u1ec1n m\u00e3 h\u00f3a giao ngay m\u1edbi v\u00e0o danh m\u1ee5c \u0111\u1ea7u t\u01b0 c\u1ee7a h\u1ecd.<\/p>\n\n
Kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch v\u00e0 gi\u00e1 t\u0103ng cho th\u1ea5y s\u1ef1 quan t\u00e2m ng\u00e0y c\u00e0ng t\u0103ng \u0111\u1ed1i v\u1edbi Bitcoin v\u00e0 c\u00e1c lo\u1ea1i ti\u1ec1n m\u00e3 h\u00f3a kh\u00e1c. Bitcoin \u0111\u00e3 \u0111\u1ea1t m\u1ee9c cao nh\u1ea5t k\u1ec3 t\u1eeb th\u00e1ng 7 trong tu\u1ea7n n\u00e0y, giao d\u1ecbch \u1edf m\u1ee9c tr\u00ean 68.300 \u0111\u00f4 la. \u0110\u1ed3ng ti\u1ec1n n\u00e0y \u0111\u00e3 k\u1ebft th\u00fac qu\u00fd 3 v\u1edbi m\u1ee9c t\u0103ng kho\u1ea3ng 140% so v\u1edbi c\u00f9ng qu\u00fd n\u0103m ngo\u00e1i, v\u01b0\u1ee3t tr\u1ed9i h\u01a1n S&P 500. C\u00e1c c\u1ed5 phi\u1ebfu li\u00ean quan \u0111\u1ebfn ti\u1ec1n m\u00e3 h\u00f3a nh\u01b0 Coinbase c\u0169ng ch\u1ee9ng ki\u1ebfn s\u1ef1 gia t\u0103ng \u0111\u00e1ng k\u1ec3, Coinbase \u0111\u00e3 ch\u1ed1t phi\u00ean trong tu\u1ea7n n\u00e0y \u1edf m\u1ee9c t\u0103ng kho\u1ea3ng 24%.<\/p>\n\n
Gi\u00e1o d\u1ee5c cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 ti\u1ec1n m\u00e3 h\u00f3a v\u1ec1 nh\u1eefng l\u1ee3i \u00edch c\u1ee7a c\u00e1c s\u1ea3n ph\u1ea9m ho\u00e1n \u0111\u1ed5i danh m\u1ee5c l\u00e0 m\u1ed9t ph\u1ea7n trong chi\u1ebfn l\u01b0\u1ee3c thu h\u00fat kh\u00e1ch h\u00e0ng \u0111\u1ebfn v\u1edbi c\u00e1c qu\u1ef9 n\u00e0y. Cohen \u0111\u1ec1 c\u1eadp r\u1eb1ng h\u1ecd hy v\u1ecdng s\u1ebd gi\u00e1o d\u1ee5c c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 ETF v\u1ec1 ti\u1ec1n m\u00e3 h\u00f3a v\u00e0 Bitcoin. Thay v\u00e0o \u0111\u00f3, h\u1ecd th\u1ea5y m\u00ecnh \u0111ang gi\u1ea3ng gi\u1ea3i cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 ti\u1ec1n m\u00e3 h\u00f3a v\u1ec1 nh\u1eefng l\u1ee3i th\u1ebf c\u1ee7a l\u1edbp bao b\u1ecdc ETF.<\/p>\n\n
C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 l\u1edbn c\u0169ng \u0111ang th\u1ec3 hi\u1ec7n s\u1ef1 quan t\u00e2m. C\u00e1c h\u1ed3 s\u01a1 13F, ti\u1ebft l\u1ed9 c\u00e1c v\u1ecb th\u1ebf v\u1ed1n c\u1ed5 ph\u1ea7n h\u00e0ng qu\u00fd, cho th\u1ea5y 80% s\u1ed1 ng\u01b0\u1eddi mua c\u00e1c s\u1ea3n ph\u1ea9m Bitcoin giao ngay m\u1edbi t\u1ea1i Hoa K\u1ef3 l\u00e0 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 tr\u1ef1c ti\u1ebfp. Trong s\u1ed1 nh\u1eefng ng\u01b0\u1eddi n\u00e0y, 75% ch\u01b0a t\u1eebng s\u1edf h\u1eefu ETF iShares tr\u01b0\u1edbc \u0111\u00e2y. S\u1ef1 gia nh\u1eadp n\u00e0y cho th\u1ea5y c\u00e1c ETF Bitcoin \u0111ang thu h\u00fat m\u1ed9t ph\u00e2n kh\u00fac nh\u00e0 \u0111\u1ea7u t\u01b0 m\u1edbi, nh\u1eefng ng\u01b0\u1eddi \u0111am m\u00ea ti\u1ec1n m\u00e3 h\u00f3a nh\u01b0ng ch\u01b0a quen v\u1edbi c\u00e1c th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh truy\u1ec1n th\u1ed1ng.<\/p>\n\n
S\u1ef1 \u0111\u1ed3ng thu\u1eadn gi\u1eefa nh\u1eefng ng\u01b0\u1eddi \u1ee7ng h\u1ed9 ti\u1ec1n m\u00e3 h\u00f3a l\u00e0 l\u1ea1c quan. H\u1ecd k\u1ef3 v\u1ecdng t\u00ednh thanh kho\u1ea3n s\u1ebd ch\u1ea3y v\u00e0o c\u00e1c t\u00e0i s\u1ea3n r\u1ee7i ro nh\u01b0 Bitcoin, \u0111\u01b0\u1ee3c h\u1ed7 tr\u1ee3 b\u1edfi c\u00e1c xu h\u01b0\u1edbng theo m\u00f9a v\u00e0 c\u00e1c y\u1ebfu t\u1ed1 kinh t\u1ebf v\u0129 m\u00f4. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 t\u1ed5 ch\u1ee9c, s\u1ef1 t\u00edch l\u0169y c\u1ee7a c\u00e1 voi v\u00e0 cu\u1ed9c b\u1ea7u c\u1eed t\u1ed5ng th\u1ed1ng Hoa K\u1ef3 s\u1eafp t\u1edbi \u0111\u1ec1u g\u00f3p ph\u1ea7n t\u1ea1o n\u00ean tri\u1ec3n v\u1ecdng t\u0103ng gi\u00e1. V\u1edbi h\u01a1n 40 tri\u1ec7u ng\u01b0\u1eddi M\u1ef9 n\u1eafm gi\u1eef ti\u1ec1n m\u00e3 h\u00f3a v\u00e0 nhu c\u1ea7u l\u1edbn \u0111\u1ed1i v\u1edbi c\u00e1c ETF Bitcoin, th\u1ecb tr\u01b0\u1eddng d\u01b0\u1eddng nh\u01b0 \u0111\u00e3 s\u1eb5n s\u00e0ng cho s\u1ef1 t\u0103ng tr\u01b0\u1edfng \u0111\u00e1ng k\u1ec3.<\/p>\n\n
Vi\u1ec7c c\u1eaft gi\u1ea3m l\u00e3i su\u1ea5t to\u00e0n c\u1ea7u c\u1ee7a c\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng nh\u01b0 C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang c\u00f3 th\u1ec3 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn t\u00ednh thanh kho\u1ea3n tr\u00ean th\u1ecb tr\u01b0\u1eddng. M\u1ed9t m\u00f4i tr\u01b0\u1eddng c\u00f3 t\u1ef7 l\u1ec7 t\u00e0i tr\u1ee3 th\u1ea5p c\u00f3 th\u1ec3 th\u00fac \u0111\u1ea9y \u0111\u1ea7u t\u01b0 v\u00e0o c\u00e1c t\u00e0i s\u1ea3n r\u1ee7i ro nh\u01b0 Bitcoin. Ho\u00e0n c\u1ea3nh ch\u00ednh tr\u1ecb, \u0111\u1eb7c bi\u1ec7t l\u00e0 v\u1edbi c\u00e1c \u1ee9ng c\u1eed vi\u00ean \u1ee7ng h\u1ed9 Bitcoin nh\u01b0 Donald Trump, c\u00f3 th\u1ec3 t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn c\u00e1c ch\u00ednh s\u00e1ch ph\u00e1p quy v\u00e0 vi\u1ec7c \u00e1p d\u1ee5ng ti\u1ec1n m\u00e3 h\u00f3a.<\/p>\n\n
C\u00e1c chuy\u00ean gia cho r\u1eb1ng nh\u1eefng y\u1ebfu t\u1ed1 n\u00e0y \u0111\u01b0a ra l\u1eadp lu\u1eadn m\u1ea1nh m\u1ebd cho vi\u1ec7c Bitcoin \u0111\u1ea1t \u0111\u01b0\u1ee3c m\u1ee9c gi\u00e1 s\u00e1u ch\u1eef s\u1ed1. S\u1ef1 t\u0103ng tr\u01b0\u1edfng nhanh ch\u00f3ng c\u1ee7a c\u00e1c ETF Bitcoin, s\u1ef1 t\u00edch l\u0169y c\u1ee7a c\u00e1c v\u00ed c\u00e1 voi v\u00e0 s\u1ef1 ch\u1ea5p nh\u1eadn r\u1ed9ng r\u00e3i h\u01a1n t\u1eeb c\u1ea3 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 b\u00e1n l\u1ebb v\u00e0 t\u1ed5 ch\u1ee9c \u0111\u1ec1u ch\u1ec9 ra m\u1ed9t t\u01b0\u01a1ng lai t\u01b0\u01a1i s\u00e1ng. Khi Bitcoin ti\u1ebfp t\u1ee5c v\u01b0\u1ee3t tr\u1ed9i h\u01a1n c\u00e1c t\u00e0i s\u1ea3n truy\u1ec1n th\u1ed1ng nh\u01b0 v\u00e0ng v\u00e0 S&P 500, nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 h\u01a1n n\u1eefa c\u00f3 th\u1ec3 chuy\u1ec3n sang ti\u1ec1n m\u00e3 h\u00f3a nh\u01b0 m\u1ed9t s\u1ef1 b\u1ed5 sung c\u00f3 gi\u00e1 tr\u1ecb cho danh m\u1ee5c \u0111\u1ea7u t\u01b0 c\u1ee7a h\u1ecd.<\/p>\n\n
Gi\u00e1 tr\u1ecb h\u1ee3p \u0111\u1ed3ng m\u1edf c\u1ee7a Bitcoin \u0111\u1ea1t m\u1ee9c k\u1ef7 l\u1ee5c, cho th\u1ea5y s\u1ef1 gia t\u0103ng ho\u1ea1t \u0111\u1ed9ng tr\u00ean th\u1ecb tr\u01b0\u1eddng h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai v\u00e0 quy\u1ec1n ch\u1ecdn. Ch\u1ec9 s\u1ed1 n\u00e0y ph\u1ea3n \u00e1nh t\u1ed5ng s\u1ed1 c\u00e1c h\u1ee3p \u0111\u1ed3ng ph\u00e1i sinh ch\u01b0a thanh to\u00e1n. Gi\u00e1 tr\u1ecb h\u1ee3p \u0111\u1ed3ng m\u1edf cao th\u01b0\u1eddng t\u01b0\u01a1ng quan v\u1edbi t\u00ednh thanh kho\u1ea3n v\u00e0 bi\u1ebfn \u0111\u1ed9ng t\u0103ng tr\u00ean th\u1ecb tr\u01b0\u1eddng, c\u00f3 th\u1ec3 d\u1eabn \u0111\u1ebfn c\u00e1c bi\u1ebfn \u0111\u1ed9ng l\u1edbn v\u1ec1 gi\u00e1.<\/p>\n\n
C\u00e1c v\u00ed c\u00e1 voi ki\u1ec3m so\u00e1t m\u1ed9t ph\u1ea7n l\u1edbn h\u01a1n ngu\u1ed3n cung Bitcoin c\u00f3 th\u1ec3 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn \u0111\u1ed9ng l\u1ef1c th\u1ecb tr\u01b0\u1eddng. Khi c\u00e1 voi t\u00edch l\u0169y Bitcoin, \u0111i\u1ec1u \u0111\u00f3 th\u01b0\u1eddng b\u00e1o hi\u1ec7u t\u00e2m l\u00fd t\u0103ng gi\u00e1. H\u00e0nh \u0111\u1ed9ng c\u1ee7a h\u1ecd c\u00f3 th\u1ec3 t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn xu h\u01b0\u1edbng gi\u00e1 do s\u1ed1 l\u01b0\u1ee3ng l\u1edbn m\u00e0 h\u1ecd n\u1eafm gi\u1eef. Vi\u1ec7c theo d\u00f5i ho\u1ea1t \u0111\u1ed9ng c\u1ee7a c\u00e1 voi cung c\u1ea5p th\u00f4ng tin chi ti\u1ebft v\u1ec1 t\u00e2m l\u00fd th\u1ecb tr\u01b0\u1eddng v\u00e0 c\u00e1c \u0111\u1ed9ng th\u00e1i ti\u1ec1m n\u0103ng trong t\u01b0\u01a1ng lai.<\/p>\n\n
S\u1ef1 so s\u00e1nh gi\u1eefa c\u00e1c ETF Bitcoin v\u00e0 c\u00e1c ETF v\u00e0ng l\u00e0m n\u1ed5i b\u1eadt s\u1ef1 t\u0103ng tr\u01b0\u1edfng nhanh ch\u00f3ng c\u1ee7a c\u00e1c t\u00e0i s\u1ea3n k\u1ef9 thu\u1eadt s\u1ed1. Trong khi v\u00e0ng l\u00e0 m\u1ed9t ph\u01b0\u01a1ng ti\u1ec7n l\u01b0u tr\u1eef gi\u00e1 tr\u1ecb truy\u1ec1n th\u1ed1ng, th\u00ec Bitcoin \u0111ang n\u1ed5i l\u00ean nh\u01b0 m\u1ed9t ph\u01b0\u01a1ng \u00e1n thay th\u1ebf hi\u1ec7n \u0111\u1ea1i. Th\u1ef1c t\u1ebf l\u00e0 c\u00e1c ETF Bitcoin \u0111\u1ea1t \u0111\u01b0\u1ee3c kh\u1ed1i t\u00e0i s\u1ea3n qu\u1ea3n l\u00fd \u0111\u00e1ng k\u1ec3 nhanh h\u01a1n so v\u1edbi c\u00e1c ETF v\u00e0ng ch\u1ec9 ra s\u1ef1 thay \u0111\u1ed5i s\u1edf th\u00edch c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0.<\/p>\n\n
D\u1eef li\u1ec7u theo m\u00f9a h\u1ed7 tr\u1ee3 cho m\u1ed9t \u0111\u1ee3t t\u0103ng gi\u00e1 Bitcoin v\u00e0o qu\u00fd IV d\u1ef1a tr\u00ean c\u00e1c xu h\u01b0\u1edbng l\u1ecbch s\u1eed. Trong nh\u1eefng n\u0103m tr\u01b0\u1edbc, Bitcoin th\u01b0\u1eddng t\u0103ng gi\u00e1 v\u00e0o th\u1eddi \u0111i\u1ec3m n\u00e0y trong n\u0103m. C\u00e1c y\u1ebfu t\u1ed1 kh\u00e1c nhau, ch\u1eb3ng h\u1ea1n nh\u01b0 c\u00e1c chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 cu\u1ed1i n\u0103m v\u00e0 t\u00e2m l\u00fd th\u1ecb tr\u01b0\u1eddng, \u0111\u1ec1u g\u00f3p ph\u1ea7n t\u1ea1o n\u00ean m\u00f4 h\u00ecnh n\u00e0y.<\/p>\n\n
C\u00e1c ch\u00ednh s\u00e1ch c\u1ee7a ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng<\/p>","protected":false},"excerpt":{"rendered":"
Theo Matt Hougan, Gi\u00e1m \u0111\u1ed1c \u0110\u1ea7u t\u01b0 t\u1ea1i Bitwise, Bitcoin \u0111ang tr\u00ean \u0111\u00e0 \u0111\u1ea1t t\u1edbi m\u1ee9c gi\u00e1 s\u00e1u ch\u1eef s\u1ed1. \u00d4ng tin r\u1eb1ng xu h\u01b0\u1edbng t\u0103ng gi\u00e1 c\u1ee7a Bitcoin ch\u1ec9…<\/p>\n","protected":false},"author":2,"featured_media":2064,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-2063","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"_links":{"self":[{"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/posts\/2063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/comments?post=2063"}],"version-history":[{"count":1,"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/posts\/2063\/revisions"}],"predecessor-version":[{"id":2065,"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/posts\/2063\/revisions\/2065"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/media\/2064"}],"wp:attachment":[{"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/media?parent=2063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/categories?post=2063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/tags?post=2063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}