{"id":691,"date":"2025-02-26T07:53:19","date_gmt":"2025-02-25T23:53:19","guid":{"rendered":"https:\/\/www.db-hk.com\/?p=691"},"modified":"2025-02-26T07:53:19","modified_gmt":"2025-02-25T23:53:19","slug":"andrew-kang%e6%96%b0%e6%96%87%ef%bc%9a%e4%b8%ba%e4%bb%80%e4%b9%88%e6%88%91%e8%ae%a4%e4%b8%ba%e4%bb%a5%e5%a4%aa%e5%9d%8a%e6%97%a0%e6%b3%95%e5%a4%8d%e5%88%b6%e6%af%94%e7%89%b9%e5%b8%81etf%e7%9a%84","status":"publish","type":"post","link":"http:\/\/www.fubairui.net\/?p=691","title":{"rendered":"Andrew Kang\u65b0\u6587\uff1a\u4e3a\u4ec0\u4e48\u6211\u8ba4\u4e3a\u4ee5\u592a\u574a\u65e0\u6cd5\u590d\u5236\u6bd4\u7279\u5e01ETF\u7684\u6210\u529f\uff1f"},"content":{"rendered":"<p>BTC ETF \u4e3a\u8bb8\u591a\u65b0\u4e70\u5bb6\u6253\u5f00\u4e86\u5728\u5176\u6295\u8d44\u7ec4\u5408\u4e2d\u914d\u7f6e\u6bd4\u7279\u5e01\u7684\u5927\u95e8\u3002ETH ETF \u7684\u5f71\u54cd\u5219\u4e0d\u90a3\u4e48\u660e\u663e\u3002<\/p>\n<p>\u5728 Blackrock ETF \u7533\u8bf7\u63d0\u4ea4\u65f6\uff0c\u6bd4\u7279\u5e01\u7684\u4ef7\u683c\u4e3a 2.5 \u4e07\u7f8e\u5143\uff0c\u6211\u5f53\u65f6\u5927\u529b\u770b\u597d\u6bd4\u7279\u5e01\uff0c\u73b0\u5728\u6bd4\u7279\u5e01\u7684\u56de\u62a5\u7387\u5df2\u7ecf\u8fbe\u5230 2.6 \u500d\uff0c\u800c ETH \u7684\u56de\u62a5\u7387\u4e3a 2.1 \u500d\u3002\u4ece\u5468\u671f\u5e95\u90e8\u7b97\u8d77\uff0cBTC \u7684\u56de\u62a5\u7387\u4e3a 4.0 \u500d\uff0cETH \u7684\u56de\u62a5\u7387\u540c\u6837\u4e3a 4.0 \u500d\u3002\u90a3\u4e48\uff0cETH ETF \u80fd\u5e26\u6765\u591a\u5927\u7684\u4e0a\u6da8\u7a7a\u95f4\u5462\uff1f\u6211\u8ba4\u4e3a\u4e0d\u4f1a\u592a\u5927\uff0c\u9664\u975e\u4ee5\u592a\u574a\u5f00\u53d1\u51fa\u4ee4\u4eba\u4fe1\u670d\u7684\u9014\u5f84\u6765\u63d0\u9ad8\u5176\u7ecf\u6d4e\u6548\u76ca\u3002<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/06\/5-1719202180503.jpg\" alt=\"Andrew Kang\u65b0\u6587\uff1a\u4e3a\u4ec0\u4e48\u6211\u8ba4\u4e3a\u4ee5\u592a\u574a\u65e0\u6cd5\u590d\u5236\u6bd4\u7279\u5e01ETF\u7684\u6210\u529f\uff1f\" \/><img decoding=\"async\" class=\"j-lazy\" src=\"https:\/\/www.web3sj.com\/wp-content\/themes\/justnews\/themer\/assets\/images\/lazy.png\" data-original=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/06\/5-1719202180503.jpg\" alt=\"Andrew Kang\u65b0\u6587\uff1a\u4e3a\u4ec0\u4e48\u6211\u8ba4\u4e3a\u4ee5\u592a\u574a\u65e0\u6cd5\u590d\u5236\u6bd4\u7279\u5e01ETF\u7684\u6210\u529f\uff1f\" \/><\/figure>\n<p><strong>\u6d41\u91cf\u5206\u6790<\/strong><\/p>\n<p>\u6bd4\u7279\u5e01 ETF \u603b\u5171\u79ef\u7d2f\u4e86 500 \u4ebf\u7f8e\u5143\u7684\u8d44\u4ea7\u7ba1\u7406\u89c4\u6a21\uff0c\u8fd9\u662f\u4e00\u4e2a\u60ca\u4eba\u7684\u6570\u5b57\u3002\u7136\u800c\uff0c\u5982\u679c\u5c06\u6bd4\u7279\u5e01 ETF \u63a8\u51fa\u4ee5\u6765\u7684\u51c0\u6d41\u5165\u989d\u8fdb\u884c\u7ec6\u5206\uff0c\u5254\u9664\u5df2\u6709\u7684 GBTC \u8d44\u4ea7\u7ba1\u7406\u89c4\u6a21\u548c\u8f6e\u6362\uff0c\u5219\u51c0\u6d41\u5165\u989d\u4e3a 145 \u4ebf\u7f8e\u5143\u3002\u7136\u800c\uff0c\u8fd9\u5e76\u4e0d\u662f\u771f\u6b63\u7684\u8d44\u91d1\u6d41\u5165\uff0c\u56e0\u4e3a\u6709\u8bb8\u591a delta \u4e2d\u6027\u8d44\u91d1\u6d41\u9700\u8981\u8ba1\u7b97\u5728\u5185\uff0c\u5373\u57fa\u7840\u4ea4\u6613\uff08\u5356\u51fa\u671f\u8d27\uff0c\u4e70\u5165\u73b0\u8d27 ETF\uff09\u548c\u73b0\u8d27\u8f6e\u6362\u3002\u6839\u636e CME \u6570\u636e\u548c\u5bf9 ETF \u6301\u6709\u8005\u7684\u5206\u6790\uff0c\u6211\u4f30\u8ba1\u5927\u7ea6\u6709 45 \u4ebf\u7f8e\u5143\u7684\u51c0\u6d41\u5165\u53ef\u5f52\u56e0\u4e8e\u57fa\u5dee\u4ea4\u6613\u3002ETF \u4e13\u5bb6\u5efa\u8bae\uff0cBlockOne \u7b49\u5927\u578b\u6301\u6709\u8005\u4e5f\u5c06\u5927\u91cf\u73b0\u8d27 BTC \u8f6c\u6362\u4e3a ETF &#8211; \u7c97\u7565\u4f30\u8ba1\u4e3a 50 \u4ebf\u7f8e\u5143\u3002\u6263\u9664\u8fd9\u4e9b\u8d44\u91d1\u6d41\uff0c\u6211\u4eec\u53ef\u4ee5\u5f97\u51fa\u6bd4\u7279\u5e01 ETF \u7684\u771f\u5b9e\u51c0\u4e70\u5165\u989d\u4e3a 50 \u4ebf\u7f8e\u5143\u3002<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/06\/5-1719202194507.jpg\" alt=\"Andrew Kang\u65b0\u6587\uff1a\u4e3a\u4ec0\u4e48\u6211\u8ba4\u4e3a\u4ee5\u592a\u574a\u65e0\u6cd5\u590d\u5236\u6bd4\u7279\u5e01ETF\u7684\u6210\u529f\uff1f\" \/><img decoding=\"async\" class=\"j-lazy\" src=\"https:\/\/www.web3sj.com\/wp-content\/themes\/justnews\/themer\/assets\/images\/lazy.png\" data-original=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/06\/5-1719202194507.jpg\" alt=\"Andrew Kang\u65b0\u6587\uff1a\u4e3a\u4ec0\u4e48\u6211\u8ba4\u4e3a\u4ee5\u592a\u574a\u65e0\u6cd5\u590d\u5236\u6bd4\u7279\u5e01ETF\u7684\u6210\u529f\uff1f\" \/><\/figure>\n<p>\u4ece\u8fd9\u91cc\u6211\u4eec\u53ef\u4ee5\u7b80\u5355\u5730\u63a8\u65ad\u51fa\u4ee5\u592a\u574a\u3002@EricBalchunas \u4f30\u8ba1\uff0c\u4ee5\u592a\u574a\u7684\u6d41\u91cf\u53ef\u80fd\u662f BTC \u7684 10%\u3002\u8fd9\u4f7f\u5f97 6 \u4e2a\u6708\u5185\u771f\u6b63\u7684\u51c0\u8d2d\u4e70\u6d41\u91cf\u4e3a 5 \u4ebf\u7f8e\u5143\uff0c\u800c\u62a5\u544a\u7684\u51c0\u6d41\u91cf\u4e3a 15 \u4ebf\u7f8e\u5143\u3002\u5c3d\u7ba1 Balchunas \u5728\u6279\u51c6\u8d54\u7387\u4e0a\u6709\u504f\u5dee\uff0c\u4f46\u6211\u76f8\u4fe1\u4ed6\u5bf9 ETH ETF \u7f3a\u4e4f\u5174\u8da3 \/ \u60b2\u89c2\u7684\u6001\u5ea6\u662f\u6709\u53c2\u8003\u4ef7\u503c\u7684\uff0c\u4e5f\u53cd\u6620\u4e86\u66f4\u5e7f\u6cdb\u7684\u4f20\u7edf\u91d1\u878d\u7684\u5174\u8da3\u3002<\/p>\n<p>\u5c31\u6211\u4e2a\u4eba\u800c\u8a00\uff0c\u6211\u7684\u57fa\u51c6\u662f 15%\u3002\u4ece BTC \u7684 50 \u4ebf\u7f8e\u5143\u771f\u5b9e\u51c0\u503c\u5f00\u59cb\uff0c\u6839\u636e ETH \u5e02\u503c\uff08\u5360 BTC \u7684 33%\uff09\u548c 0.5 \u7684\u8bbf\u95ee\u7cfb\u6570 * \u8fdb\u884c\u8c03\u6574\uff0c\u6211\u4eec\u5f97\u51fa 8.4 \u4ebf\u7f8e\u5143\u7684\u771f\u5b9e\u51c0\u4e70\u5165\u548c 25.2 \u4ebf\u7f8e\u5143\u7684\u62a5\u544a\u51c0\u503c\u3002\u6709\u4e00\u4e9b\u5408\u7406\u7684\u89c2\u70b9\u8ba4\u4e3a\uff0cETHE \u7684\u8fc7\u624b\u91cf\u6bd4 GBTC \u5c11\uff0c\u56e0\u6b64\u4e50\u89c2\u7684\u60c5\u51b5\u4e0b\uff0c\u6211\u8ba4\u4e3a\u771f\u5b9e\u51c0\u4e70\u5165\u91cf\u4e3a 15 \u4ebf\u7f8e\u5143\uff0c\u62a5\u544a\u51c0\u4e70\u5165\u91cf\u4e3a 45 \u4ebf\u7f8e\u5143\u3002\u8fd9\u5927\u7ea6\u662f BTC \u6d41\u91cf\u7684 30%\u3002<\/p>\n<p>\u65e0\u8bba\u54ea\u79cd\u60c5\u51b5\uff0c\u771f\u5b9e\u7684\u51c0\u4e70\u5165\u989d\u90fd\u8fdc\u8fdc\u4f4e\u4e8e ETF \u524d\u7aef\u7684\u884d\u751f\u54c1\u6d41\u91cf\uff0828 \u4ebf\u7f8e\u5143\uff09\uff0c\u8fd9\u8fd8\u4e0d\u5305\u62ec\u73b0\u8d27\u524d\u7aef\u6d41\u91cf\u3002\u8fd9\u610f\u5473\u7740 ETF \u7684\u5b9a\u4ef7\u5df2\u7ecf\u8d85\u8fc7\u4e86\u5b9e\u9645\u4ef7\u683c\u3002<\/p>\n<p>* \u7531\u4e8e\u6301\u6709\u8005\u57fa\u7840\u4e0d\u540c\uff0cETF \u53ef\u4f7f BTC \u6bd4 ETH \u660e\u663e\u53d7\u76ca\u66f4\u591a\uff0c\u56e0\u6b64\u8bbf\u95ee\u7cfb\u6570\u5bf9 ETF \u7684\u6d41\u91cf\u8fdb\u884c\u4e86\u8c03\u6574\u3002\u4f8b\u5982\uff0cBTC \u662f\u4e00\u79cd\u5b8f\u89c2\u8d44\u4ea7\uff0c\u5bf9\u6709\u51c6\u5165\u95ee\u9898\u7684\u673a\u6784 &#8212; \u5b8f\u89c2\u57fa\u91d1\u3001\u517b\u8001\u91d1\u3001\u6350\u8d60\u57fa\u91d1\u3001\u4e3b\u6743\u8d22\u5bcc\u57fa\u91d1 &#8212; \u66f4\u6709\u5438\u5f15\u529b\u3002\u800c ETH \u66f4\u50cf\u662f\u4e00\u79cd\u6280\u672f\u8d44\u4ea7\uff0c\u5bf9\u98ce\u9669\u6295\u8d44\u516c\u53f8\u3001Crpyto \u57fa\u91d1\u3001\u6280\u672f\u4e13\u5bb6\u3001\u6563\u6237\u7b49\u5728\u63a5\u89e6\u52a0\u5bc6\u8d27\u5e01\u65b9\u9762\u6ca1\u6709\u90a3\u4e48\u591a\u9650\u5236\u7684\u4eba\u6709\u5438\u5f15\u529b\u3002\u901a\u8fc7\u6bd4\u8f83 ETH \u4e0e BTC \u7684 CME OI \u4e0e\u5e02\u503c\u6bd4\u7387\uff0c\u53ef\u4ee5\u5f97\u51fa 50%\u3002<\/p>\n<p>\u4ece CME \u6570\u636e\u6765\u770b\uff0c\u5728 ETF \u63a8\u51fa\u4e4b\u524d\uff0cETH \u7684 OI \u660e\u663e\u5c11\u4e8e BTC\u3002OI \u7ea6\u5360\u4f9b\u5e94\u91cf\u7684 0.30%\uff0c\u800c BTC \u5360\u4f9b\u5e94\u91cf\u7684 0.6%\u3002\u8d77\u521d\uff0c\u6211\u8ba4\u4e3a\u8fd9\u662f\u300c\u65e9\u719f\u300d\u7684\u8868\u73b0\uff0c\u4f46\u4e5f\u53ef\u4ee5\u8bf4\uff0c\u8fd9\u63a9\u76d6\u4e86\u806a\u660e\u7684\u4ea4\u6613\u8d44\u91d1\u5bf9 ETH ETF \u7f3a\u4e4f\u5174\u8da3\u3002\u8857\u4e0a\u7684\u4ea4\u6613\u5458\u5728 BTC \u4e0a\u505a\u4e86\u4e00\u7b14\u5f88\u597d\u7684\u4ea4\u6613\uff0c\u4ed6\u4eec\u5f80\u5f80\u6709\u5f88\u597d\u7684\u4fe1\u606f\uff0c\u6240\u4ee5\u5982\u679c\u4ed6\u4eec\u4e0d\u91cd\u590d ETH \u7684\u4ea4\u6613\uff0c\u90a3\u4e48\u4e00\u5b9a\u6709\u5f88\u597d\u7684\u7406\u7531\uff0c\u8fd9\u53ef\u80fd\u610f\u5473\u7740\u6d41\u52a8\u60c5\u62a5\u7684\u8584\u5f31\u3002<\/p>\n<p><strong>50 \u4ebf\u7f8e\u5143\u662f\u5982\u4f55\u5c06 BTC \u4ece 4 \u4e07\u7f8e\u5143\u5e26\u5230 6.5 \u4e07\u7f8e\u5143\u7684\uff1f<\/strong><\/p>\n<p>\u7b80\u77ed\u7684\u56de\u7b54\u662f\u6ca1\u6709\u3002\u73b0\u8d27\u5e02\u573a\u4e0a\u8fd8\u6709\u5f88\u591a\u5176\u4ed6\u4e70\u5bb6\u3002\u6bd4\u7279\u5e01\u662f\u4e00\u79cd\u771f\u6b63\u5728\u5168\u7403\u8303\u56f4\u5185\u5f97\u5230\u9a8c\u8bc1\u7684\u8d44\u4ea7\uff0c\u662f\u4e00\u79cd\u91cd\u8981\u7684\u6295\u8d44\u7ec4\u5408\u8d44\u4ea7\uff0c\u5e76\u62e5\u6709\u8bb8\u591a\u7ed3\u6784\u6027\u79ef\u7d2f\u8005 &#8211;Saylor\u3001Tether\u3001\u5bb6\u65cf\u529e\u516c\u5ba4\u3001\u9ad8\u51c0\u503c\u6563\u6237\u7b49\u3002ETH \u4e5f\u6709\u4e00\u4e9b\u7ed3\u6784\u6027\u79ef\u7d2f\u8005\uff0c\u4f46\u6211\u8ba4\u4e3a\u5176\u6570\u91cf\u8981\u5c11\u4e8e BTC\u3002<\/p>\n<p>\u8bf7\u8bb0\u4f4f\uff0c\u5728 ETF \u51fa\u73b0\u4e4b\u524d\uff0c\u6bd4\u7279\u5e01\u7684\u6301\u6709\u91cf\u5c31\u5df2\u7ecf\u8fbe\u5230\u4e86 6.9 \u4e07\u7f8e\u5143 \/1.2T+ BTC\u3002\u5e02\u573a\u53c2\u4e0e\u8005 \/ \u673a\u6784\u62e5\u6709\u5927\u91cf\u73b0\u8d27\u52a0\u5bc6\u8d27\u5e01\u3002Coinbase \u62e5\u6709 1930 \u4ebf\u7f8e\u5143\u7684\u6258\u7ba1\u91cf\uff0c\u5176\u4e2d 1000 \u4ebf\u7f8e\u5143\u6765\u81ea\u5176\u673a\u6784\u9879\u76ee\u30022021 \u5e74\uff0cBitgo \u62a5\u544a\u7684 AUC \u4e3a 600 \u4ebf\u7f8e\u5143\uff0cBinance \u7684\u6258\u7ba1\u91cf\u8d85\u8fc7 1000 \u4ebf\u7f8e\u5143\u30026 \u4e2a\u6708\u540e\uff0cETF \u6258\u7ba1\u4e86\u6bd4\u7279\u5e01\u603b\u4f9b\u5e94\u91cf\u7684 4%\uff0c\u8fd9\u5f88\u6709\u610f\u4e49\uff0c\u4f46\u53ea\u662f\u9700\u6c42\u65b9\u7a0b\u7684\u4e00\u90e8\u5206\u3002<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/06\/5-1719202213512.jpg\" alt=\"Andrew Kang\u65b0\u6587\uff1a\u4e3a\u4ec0\u4e48\u6211\u8ba4\u4e3a\u4ee5\u592a\u574a\u65e0\u6cd5\u590d\u5236\u6bd4\u7279\u5e01ETF\u7684\u6210\u529f\uff1f\" \/><img decoding=\"async\" class=\"j-lazy\" src=\"https:\/\/www.web3sj.com\/wp-content\/themes\/justnews\/themer\/assets\/images\/lazy.png\" data-original=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/06\/5-1719202213512.jpg\" alt=\"Andrew Kang\u65b0\u6587\uff1a\u4e3a\u4ec0\u4e48\u6211\u8ba4\u4e3a\u4ee5\u592a\u574a\u65e0\u6cd5\u590d\u5236\u6bd4\u7279\u5e01ETF\u7684\u6210\u529f\uff1f\" \/><\/figure>\n<p>\u5728 MSTR \u548c Tether \u4e4b\u95f4\uff0c\u5df2\u7ecf\u6709\u4e86\u6570\u5341\u4ebf\u7f8e\u5143\u7684\u989d\u5916\u4e70\u76d8\uff0c\u4f46\u4e0d\u4ec5\u5982\u6b64\uff0c\u8fdb\u5165 ETF \u7684\u5934\u5bf8\u4e0d\u8db3\u3002\u5f53\u65f6\u6709\u4e00\u79cd\u5f88\u6d41\u884c\u7684\u89c2\u70b9\uff0c\u8ba4\u4e3a ETF \u662f\u5356\u51fa\u65b0\u95fb\u4e8b\u4ef6 \/ \u5e02\u573a\u9876\u90e8\u3002\u56e0\u6b64\uff0c\u6570\u5341\u4ebf\u77ed\u671f\u3001\u4e2d\u671f\u548c\u957f\u671f\u52a8\u91cf\u5356\u51fa\uff0c\u9700\u8981\u4e70\u56de\uff082 \u500d\u6d41\u91cf\u5f71\u54cd\uff09\u3002\u6b64\u5916\uff0c\u4e00\u65e6 ETF \u8d44\u91d1\u6d41\u51fa\u73b0\u5927\u5e45\u6ce2\u52a8\uff0c\u7a7a\u5934\u4e5f\u9700\u8981\u56de\u8d2d\u3002\u8fdb\u5165\u53d1\u884c\u9636\u6bb5\u540e\uff0c\u672a\u5e73\u4ed3\u5408\u7ea6\u5b9e\u9645\u4e0a\u662f\u4e0b\u964d\u7684 &#8212; \u8fd9\u771f\u662f\u4ee4\u4eba\u96be\u4ee5\u7f6e\u4fe1\u3002<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/06\/5-1719202245583.jpg\" alt=\"Andrew Kang\u65b0\u6587\uff1a\u4e3a\u4ec0\u4e48\u6211\u8ba4\u4e3a\u4ee5\u592a\u574a\u65e0\u6cd5\u590d\u5236\u6bd4\u7279\u5e01ETF\u7684\u6210\u529f\uff1f\" \/><img decoding=\"async\" class=\"j-lazy\" src=\"https:\/\/www.web3sj.com\/wp-content\/themes\/justnews\/themer\/assets\/images\/lazy.png\" data-original=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/06\/5-1719202245583.jpg\" alt=\"Andrew Kang\u65b0\u6587\uff1a\u4e3a\u4ec0\u4e48\u6211\u8ba4\u4e3a\u4ee5\u592a\u574a\u65e0\u6cd5\u590d\u5236\u6bd4\u7279\u5e01ETF\u7684\u6210\u529f\uff1f\" \/><\/figure>\n<p>ETH ETF \u7684\u5b9a\u4f4d\u5219\u622a\u7136\u4e0d\u540c\u3002ETH \u7684\u4ef7\u683c\u662f\u4f4e\u70b9\u7684 4 \u500d\uff0c\u800c BTC \u7684\u4ef7\u683c\u662f\u63a8\u51fa\u524d\u7684 2.75 \u500d\u3002\u52a0\u5bc6\u8d27\u5e01\u539f\u751f CEX OI \u589e\u52a0\u4e86 21 \u4ebf\u7f8e\u5143\uff0c\u4f7f OI \u63a5\u8fd1 ATH \u6c34\u5e73\u3002\u5e02\u573a\u662f\uff08\u534a\uff09\u6709\u6548\u7684\u3002\u5f53\u7136\uff0c\u8bb8\u591a\u52a0\u5bc6\u8d27\u5e01\u539f\u4f4f\u6c11\u770b\u5230\u6bd4\u7279\u5e01 ETF \u7684\u6210\u529f\uff0c\u5bf9 ETH \u62b1\u6709\u540c\u6837\u7684\u671f\u671b\uff0c\u5e76\u8fdb\u884c\u4e86\u76f8\u5e94\u7684\u5b9a\u4f4d\u3002<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/06\/5-1719202253216.jpg\" alt=\"Andrew Kang\u65b0\u6587\uff1a\u4e3a\u4ec0\u4e48\u6211\u8ba4\u4e3a\u4ee5\u592a\u574a\u65e0\u6cd5\u590d\u5236\u6bd4\u7279\u5e01ETF\u7684\u6210\u529f\uff1f\" \/><img decoding=\"async\" class=\"j-lazy\" src=\"https:\/\/www.web3sj.com\/wp-content\/themes\/justnews\/themer\/assets\/images\/lazy.png\" data-original=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/06\/5-1719202253216.jpg\" alt=\"Andrew Kang\u65b0\u6587\uff1a\u4e3a\u4ec0\u4e48\u6211\u8ba4\u4e3a\u4ee5\u592a\u574a\u65e0\u6cd5\u590d\u5236\u6bd4\u7279\u5e01ETF\u7684\u6210\u529f\uff1f\" \/><\/figure>\n<p>\u6211\u4e2a\u4eba\u8ba4\u4e3a\uff0c\u52a0\u5bc6\u8d27\u5e01\u539f\u4f4f\u6c11\u7684\u671f\u671b\u503c\u8fc7\u4e8e\u5938\u5f20\uff0c\u4e0e\u4ea4\u6613\u5206\u914d\u8005\u7684\u771f\u5b9e\u504f\u597d\u8131\u8282\u3002\u5728\u52a0\u5bc6\u8d27\u5e01\u9886\u57df\u6df1\u8015\u7684\u4eba\u81ea\u7136\u4f1a\u5bf9\u4ee5\u592a\u574a\u6709\u76f8\u5bf9\u8f83\u9ad8\u7684\u8ba4\u77e5\u5ea6\u548c\u8d2d\u4e70\u529b\u3002\u5b9e\u9645\u4e0a\uff0c\u4ee5\u592a\u574a\u4f5c\u4e3a\u8bb8\u591a\u975e\u52a0\u5bc6\u8d27\u5e01\u539f\u751f\u8d44\u672c\u7684\u4e3b\u8981\u6295\u8d44\u7ec4\u5408\u914d\u7f6e\uff0c\u5176\u8d2d\u4e70\u7387\u8981\u4f4e\u5f97\u591a\u3002<\/p>\n<p>\u5bf9\u4ea4\u6613\u8005\u6700\u5e38\u89c1\u7684\u5ba3\u4f20\u4e4b\u4e00\u5c31\u662f\u5c06\u4ee5\u592a\u574a\u4f5c\u4e3a\u300c\u79d1\u6280\u8d44\u4ea7\u300d\u3002\u5168\u7403\u8ba1\u7b97\u673a\u3001Web3 \u5e94\u7528\u5546\u5e97\u3001\u53bb\u4e2d\u5fc3\u5316\u91d1\u878d\u7ed3\u7b97\u5c42\u7b49\u3002\u8fd9\u662f\u4e2a\u4e0d\u9519\u7684\u5ba3\u4f20\uff0c\u6211\u5728\u4e4b\u524d\u7684\u5468\u671f\u4e2d\u4e5f\u4e70\u8fc7\uff0c\u4f46\u5f53\u4f60\u770b\u5230\u5b9e\u9645\u6570\u5b57\u65f6\uff0c\u8fd9\u5c31\u5f88\u96be\u5356\u4e86\u3002<\/p>\n<p>\u5728\u4e0a\u4e00\u8f6e\u5468\u671f\u4e2d\uff0c\u4f60\u53ef\u4ee5\u6307\u51fa\u624b\u7eed\u8d39\u7684\u589e\u957f\u7387\uff0c\u5e76\u6307\u51fa DeFi \u548c NFTs \u5c06\u521b\u9020\u66f4\u591a\u7684\u624b\u7eed\u8d39\u548c\u73b0\u91d1\u6d41\u7b49\uff0c\u5e76\u4ee5\u7c7b\u4f3c\u4e8e\u79d1\u6280\u80a1\u7684\u89c6\u89d2\uff0c\u63d0\u51fa\u4ee4\u4eba\u4fe1\u670d\u7684\u79d1\u6280\u6295\u8d44\u6848\u4f8b\u3002\u4f46\u5728\u8fd9\u4e2a\u5468\u671f\u5185\uff0c\u8d39\u7528\u7684\u91cf\u5316\u4f1a\u9002\u5f97\u5176\u53cd\u3002\u5927\u591a\u6570\u56fe\u8868\u90fd\u4f1a\u8ba9\u4f60\u770b\u5230\u6301\u5e73\u6216\u8d1f\u589e\u957f\u3002\u4ee5\u592a\u574a\u662f\u4e00\u53f0\u300c\u63d0\u6b3e\u673a\u300d\uff0c\u4f46\u5176 30d \u5e74\u5316\u6536\u5165\u4e3a 15 \u4ebf\u7f8e\u5143\uff0cPS \u6bd4\u503c\u4e3a 300 \u500d\uff0c\u901a\u8d27\u81a8\u80c0\u540e\u7684\u6536\u76ca \/PE \u6bd4\u503c\u4e3a\u8d1f\uff0c\u5206\u6790\u5e08\u5982\u4f55\u5411\u4ed6\u4eec\u8001\u7238\u7684\u5bb6\u65cf\u529e\u516c\u5ba4\u6216\u4ed6\u4eec\u7684\u5b8f\u89c2\u57fa\u91d1\u8001\u677f\u8bc1\u660e\u8fd9\u4e00\u4ef7\u683c\u7684\u5408\u7406\u6027\uff1f<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/06\/5-1719202260128.jpg\" alt=\"Andrew Kang\u65b0\u6587\uff1a\u4e3a\u4ec0\u4e48\u6211\u8ba4\u4e3a\u4ee5\u592a\u574a\u65e0\u6cd5\u590d\u5236\u6bd4\u7279\u5e01ETF\u7684\u6210\u529f\uff1f\" \/><img decoding=\"async\" class=\"j-lazy\" src=\"https:\/\/www.web3sj.com\/wp-content\/themes\/justnews\/themer\/assets\/images\/lazy.png\" data-original=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/06\/5-1719202260128.jpg\" alt=\"Andrew Kang\u65b0\u6587\uff1a\u4e3a\u4ec0\u4e48\u6211\u8ba4\u4e3a\u4ee5\u592a\u574a\u65e0\u6cd5\u590d\u5236\u6bd4\u7279\u5e01ETF\u7684\u6210\u529f\uff1f\" \/><\/figure>\n<p>\u6211\u751a\u81f3\u9884\u8ba1\uff0c\u7531\u4e8e\u4e24\u4e2a\u539f\u56e0\uff0cfugazi\uff08delta \u4e2d\u6027\uff09\u6d41\u91cf\u7684\u524d\u51e0\u5468\u4f1a\u6bd4\u8f83\u4f4e\u3002\u9996\u5148\uff0c\u6279\u51c6\u662f\u4e2a\u610f\u5916\uff0c\u53d1\u884c\u5546\u6ca1\u6709\u90a3\u4e48\u591a\u65f6\u95f4\u53bb\u8bf4\u670d\u5927\u6301\u6709\u4eba\u5c06\u5176 ETH \u8f6c\u6362\u4e3a ETF \u5f62\u5f0f\u3002\u7b2c\u4e8c\u4e2a\u539f\u56e0\u662f\uff0c\u5bf9\u6301\u6709\u8005\u6765\u8bf4\uff0c\u8f6c\u6362\u7684\u5438\u5f15\u529b\u8f83\u5c0f\uff0c\u56e0\u4e3a\u4ed6\u4eec\u9700\u8981\u653e\u5f03\u76ef\u5e02\u3001\u8015\u4f5c\u6216\u5229\u7528 ETH \u4f5c\u4e3a DeFi \u7684\u8d28\u62bc\u54c1\u6240\u5e26\u6765\u7684\u6536\u76ca\u3002\u4f46\u8bf7\u6ce8\u610f\uff0c\u8d28\u62bc\u7387\u4ec5\u4e3a 25\u3002<\/p>\n<p>\u8fd9\u662f\u5426\u610f\u5473\u7740 ETH \u5c06\u5f52\u96f6\uff1f\u5f53\u7136\u4e0d\u662f\uff0c\u5728\u4e00\u5b9a\u7684\u4ef7\u683c\u4e0a\uff0c\u5b83\u5c06\u88ab\u8ba4\u4e3a\u662f\u7269\u6709\u6240\u503c\u7684\uff0c\u5f53 BTC \u5728\u672a\u6765\u4e0a\u6da8\u65f6\uff0c\u5b83\u4e5f\u4f1a\u5728\u4e00\u5b9a\u7a0b\u5ea6\u4e0a\u53d7\u5230\u62d6\u7d2f\u3002\u5728 ETF \u63a8\u51fa\u4e4b\u524d\uff0c\u6211\u9884\u8ba1 ETH \u7684\u4ea4\u6613\u4ef7\u683c\u4e3a 3000 \u7f8e\u5143\u81f3 3800 \u7f8e\u5143\u3002ETF \u63a8\u51fa\u540e\uff0c\u6211\u7684\u9884\u671f\u662f 2400 \u7f8e\u5143\u81f3 3000 \u7f8e\u5143\u3002\u4f46\u662f\uff0c\u5982\u679c BTC \u5728 2025 \u5e74\u7b2c\u56db\u5b63\u5ea6\u672b \/ \u7b2c\u4e00\u5b63\u5ea6\u5347\u81f3 10 \u4e07\u7f8e\u5143\uff0c\u90a3\u4e48\u8fd9\u53ef\u80fd\u4f1a\u62d6\u7d2f ETH \u8fbe\u5230 ATH\uff0c\u4f46 ETHBTC \u4ea4\u6613\u5bf9\u4f1a\u66f4\u4f4e\u3002\u4ece\u957f\u8fdc\u6765\u770b\uff0c\u53d1\u5c55\u662f\u6709\u5e0c\u671b\u7684\uff0c\u4f60\u5fc5\u987b\u76f8\u4fe1 Blackrock\/Fink \u6b63\u5728\u505a\u5927\u91cf\u5de5\u4f5c\uff0c\u5c06\u4e00\u4e9b\u91d1\u878d\u8f68\u8ff9\u653e\u5728\u533a\u5757\u94fe\u4e0a\uff0c\u5e76\u5c06\u66f4\u591a\u8d44\u4ea7\u4ee3\u5e01\u5316\u3002\u8fd9\u5c06\u4e3a ETH \u5e26\u6765\u591a\u5927\u7684\u4ef7\u503c\uff0c\u65f6\u95f4\u5b89\u6392\u5982\u4f55\uff0c\u76ee\u524d\u8fd8\u4e0d\u786e\u5b9a\u3002<\/p>\n<p>\u6211\u9884\u8ba1 ETHBTC \u4ea4\u6613\u5bf9\u5c06\u7ee7\u7eed\u4e0b\u8dcc\uff0c\u660e\u5e74\u7684\u5c06\u5728 0.035 \u5230 0.06 \u4e4b\u95f4\u3002\u5c3d\u7ba1\u6211\u4eec\u7684\u6837\u672c\u91cf\u8f83\u5c0f\uff0c\u4f46\u6211\u4eec\u786e\u5b9e\u770b\u5230 ETHBTC \u5728\u6bcf\u4e2a\u5468\u671f\u90fd\u4f1a\u521b\u4e0b\u66f4\u4f4e\u7684\u9ad8\u70b9\uff0c\u56e0\u6b64\u8fd9\u5e76\u4e0d\u4ee4\u4eba\u610f\u5916\u3002<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/06\/5-1719202268113.jpg\" alt=\"Andrew Kang\u65b0\u6587\uff1a\u4e3a\u4ec0\u4e48\u6211\u8ba4\u4e3a\u4ee5\u592a\u574a\u65e0\u6cd5\u590d\u5236\u6bd4\u7279\u5e01ETF\u7684\u6210\u529f\uff1f\" \/><img decoding=\"async\" class=\"j-lazy\" src=\"https:\/\/www.web3sj.com\/wp-content\/themes\/justnews\/themer\/assets\/images\/lazy.png\" data-original=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/06\/5-1719202268113.jpg\" alt=\"Andrew Kang\u65b0\u6587\uff1a\u4e3a\u4ec0\u4e48\u6211\u8ba4\u4e3a\u4ee5\u592a\u574a\u65e0\u6cd5\u590d\u5236\u6bd4\u7279\u5e01ETF\u7684\u6210\u529f\uff1f\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>BTC ETF \u4e3a\u8bb8\u591a\u65b0\u4e70\u5bb6\u6253\u5f00\u4e86\u5728\u5176\u6295\u8d44\u7ec4\u5408\u4e2d\u914d\u7f6e\u6bd4\u7279\u5e01\u7684\u5927\u95e8\u3002ETH ETF \u7684\u5f71\u54cd\u5219\u4e0d\u90a3\u4e48\u660e\u663e\u3002 \u5728 B [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-691","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/posts\/691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=691"}],"version-history":[{"count":0,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/posts\/691\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.fubairui.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=691"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}