{"id":579228,"date":"2025-06-11T23:47:01","date_gmt":"2025-06-12T06:47:01","guid":{"rendered":"https:\/\/nai500.com\/blog\/2025\/06\/%e5%af%b9%e5%86%b2%e5%9f%ba%e9%87%91%e5%a2%9e%e6%8c%81%e6%af%94%e7%89%b9%e5%b8%81-etf-%e6%9c%ba%e6%9e%84%e7%9c%8b%e5%a5%bd-2025-%e5%b9%b4%e7%89%9b%e5%b8%82\/"},"modified":"2025-06-11T23:47:43","modified_gmt":"2025-06-12T06:47:43","slug":"%e5%b0%8d%e6%b2%96%e5%9f%ba%e9%87%91%e5%a2%9e%e6%8c%81%e6%af%94%e7%89%b9%e5%b9%a3-etf-%e6%a9%9f%e6%a7%8b%e7%9c%8b%e5%a5%bd-2025-%e5%b9%b4%e7%89%9b%e5%b8%82","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2025\/06\/%e5%b0%8d%e6%b2%96%e5%9f%ba%e9%87%91%e5%a2%9e%e6%8c%81%e6%af%94%e7%89%b9%e5%b9%a3-etf-%e6%a9%9f%e6%a7%8b%e7%9c%8b%e5%a5%bd-2025-%e5%b9%b4%e7%89%9b%e5%b8%82\/","title":{"rendered":"\u5c0d\u6c96\u57fa\u91d1\u589e\u6301\u6bd4\u7279\u5e63ETF\uff0c\u6a5f\u69cb\u770b\u597d2025\u5e74\u725b\u5e02"},"content":{"rendered":"<p>\u5104\u842c\u5bcc\u7fc1\u80af\u00b7\u683c\u88e1\u82ac\uff08Ken Griffin\uff09\u548c\u53f2\u8482\u6587\u00b7\u79d1\u6069\uff08Steven Cohen\uff09\u65d7\u4e0b\u7684\u5c0d\u6c96\u57fa\u91d1\u5728\u7b2c\u4e00\u5b63\u5ea6\u589e\u6301\u4e86\u8c9d\u840a\u5fb7\u767c\u884c\u7684\u6bd4\u7279\u5e63ETF\u2014\u2014<a href=\"https:\/\/nai500.com\/zh-hant\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%a9%a2\/?qm_symbol=IBIT\">iShares Bitcoin Trust\uff08IBIT\uff09<\/a>\u3002\u5118\u7ba1\u6301\u5009\u898f\u6a21\u4e0d\u5927\uff0c\u4f46\u9019\u4e00\u8209\u52d5\u610f\u7fa9\u91cd\u5927\uff0c\u8868\u660e\u6a5f\u69cb\u6295\u8cc7\u8005\u5c0d\u6bd4\u7279\u5e63\u7684\u63a5\u53d7\u5ea6\u9060\u8d85\u4ee5\u5f80\uff0c\u70ba\u5e02\u5834\u91cb\u653e\u4e86\u7a4d\u6975\u4fe1\u865f\u3002<\/p>\n<p>\u76ee\u524d\uff0c\u6bd4\u7279\u5e63\u50f9\u683c\u7d04\u70ba11\u842c\u7f8e\u5143\uff0c\u4f46\u591a\u5bb6\u83ef\u723e\u8857\u6a5f\u69cb\u9810\u6e2c\uff0c2025\u5e74\u53ef\u80fd\u8fce\u4f86\u5927\u5e45\u4e0a\u6f32\uff1a<\/p>\n<ul>\n<li>\u6e23\u6253\u9280\u884c\uff08Geoff Kendrick\uff09\u9810\u8a08\u6bd4\u7279\u5e63\u4eca\u5e74\u5c07\u6f32\u81f320\u842c\u7f8e\u5143\uff0c2028\u5e74\u6216\u905450\u842c\u7f8e\u5143\u3002<\/li>\n<li>Presto\uff08Peter Chun\uff09\u9810\u6e2c\u5e74\u5167\u53ef\u80fd\u89f8\u53ca21\u842c\u7f8e\u5143\u3002<\/li>\n<li>Fundstrat\uff08Tom Lee\uff09\u8a8d\u70ba\u6bd4\u7279\u5e63\u6216\u5347\u81f325\u842c\u7f8e\u5143\uff0c\u9577\u671f\u770b\u6f32\u81f3300\u842c\u7f8e\u5143\u3002<\/li>\n<li>Canary Capital\uff08Josh Olszewicz\uff09\u751a\u81f3\u7d66\u51fa30\u842c\u7f8e\u5143\u7684\u6a02\u89c0\u76ee\u6a19\u3002<\/li>\n<\/ul>\n<p>\u9019\u4e9b\u9810\u6e2c\u610f\u5473\u8457\uff0ciShares Bitcoin Trust\u7b49\u73fe\u8ca8\u6bd4\u7279\u5e63ETF\u540c\u6a23\u5177\u5099\u5de8\u5927\u4e0a\u6f32\u6f5b\u529b\u3002<\/p>\n<h2>\u6a5f\u69cb\u8cc7\u91d1\u52a0\u901f\u6d41\u5165\u6bd4\u7279\u5e63ETF<\/h2>\n<p>\u6ce2\u58eb\u9813\u8aee\u8a62\u96c6\u5718\u6578\u64da\u986f\u793a\uff0c\u5168\u7403\u6a5f\u69cb\u8cc7\u7522\u7ba1\u7406\u898f\u6a21\uff08AUM\uff09\u9ad8\u9054128\u842c\u5104\u7f8e\u5143\uff0c\u5373\u4fbf\u5c11\u91cf\u8cc7\u91d1\u914d\u7f6e\u6bd4\u7279\u5e63\uff0c\u4e5f\u53ef\u80fd\u63a8\u52d5\u50f9\u683c\u98c6\u5347\u3002\u81ea2024\u5e741\u6708\u7f8e\u570b\u8b49\u5238\u4ea4\u6613\u59d4\u54e1\u6703 (SEC)\u6279\u51c6\u73fe\u8ca8\u6bd4\u7279\u5e63ETF\u4ee5\u4f86\uff0c\u6a5f\u69cb\u6295\u8cc7\u9580\u6abb\u5927\u5e45\u964d\u4f4e\uff0c\u6e1b\u5c11\u4e86\u4ea4\u6613\u6469\u64e6\u4e26\u63d0\u5347\u4e86\u6bd4\u7279\u5e63\u7684\u5408\u6cd5\u6027\u3002<\/p>\n<p>\u6700\u65b013F\u6587\u4ef6\u986f\u793a\u5169\u5927\u8da8\u52e2\uff1a<\/p>\n<p>1.\u904e\u53bb\u4e00\u5e74\uff0c\u6d41\u5165iShares Bitcoin Trust\u548c\u5bcc\u9054\u6bd4\u7279\u5e63ETF\u7684\u6a5f\u69cb\u8cc7\u91d1\u589e\u9577\u8fd1\u5169\u500d\uff0c\u7b2c\u4e00\u5b63\u5ea6\u63a5\u8fd1160\u5104\u7f8e\u5143\u3002<\/p>\n<p>2.\u6301\u5009\u8d851\u5104\u7f8e\u5143\u7684\u5927\u578b\u8cc7\u7ba1\u516c\u53f8\u6578\u91cf\u589e\u9577\u5169\u500d\u4ee5\u4e0a\u3002<\/p>\n<p>Bitwise\u9996\u5e2d\u6295\u8cc7\u5b98Matt Hougan\u6307\u51fa\uff0c\u6bd4\u7279\u5e63\u4f5c\u70ba\u898f\u6a21\u6700\u5927\u3001\u6d41\u52d5\u6027\u6700\u5f37\u7684\u52a0\u5bc6\u8ca8\u5e63\uff0c\u5c07\u6210\u70ba\u6a5f\u69cb\u8cc7\u91d1\u7684\u9996\u9078\u6a19\u7684\u3002<\/p>\n<h2>\u4f01\u696d\u8207\u653f\u5e9c\u52a0\u5165\u6bd4\u7279\u5e63\u6295\u8cc7\u884c\u5217<\/h2>\n<p>\u76ee\u524d\uff0c\u5168\u7403\u5df2\u6709150\u591a\u5bb6\u4e0a\u5e02\u516c\u53f8\u548c\u79c1\u71df\u4f01\u696d\u5c07\u6bd4\u7279\u5e63\u7d0d\u5165\u8cc7\u7522\u8ca0\u50b5\u8868\uff0c\u5176\u4e2d\u6700\u5f15\u4eba\u6ce8\u76ee\u7684\u662f<a href=\"https:\/\/nai500.com\/zh-hant\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%a9%a2\/?qm_symbol=MSTR\">MicroStrategy<\/a>\uff08\u73fe\u66f4\u540d\u70baStrategy\uff09\u3002\u8a72\u516c\u53f8\u7d2f\u8a08\u6301\u670958.2\u842c\u679a\u6bd4\u7279\u5e63\uff0c\u5e73\u5747\u6210\u672c\u7d047\u842c\u7f8e\u5143\uff0c\u4e26\u8a08\u5283\u52302027\u5e74\u518d\u6295\u8cc7560\u5104\u7f8e\u5143\u3002\u5275\u59cb\u4eba\u9081\u514b\u723e\u00b7\u585e\u52d2\uff08Michael Saylor\uff09\u9810\u6e2c\uff0c\u6bd4\u7279\u5e63\u5e02\u503c\u5c07\u57282045\u5e74\u9054\u5230200\u842c\u5104\u7f8e\u5143\u3002<\/p>\n<p>\u6b64\u5916\uff0c\u7f8e\u570b\u4e9e\u5229\u6851\u90a3\u5dde\u548c\u65b0\u7f55\u5e03\u4ec0\u723e\u5dde\u5df2\u901a\u904e\u6cd5\u6848\uff0c\u8a08\u5283\u5efa\u7acb\u6230\u7565\u6bd4\u7279\u5e63\u5132\u5099\uff0c\u53e6\u6709\u5341\u9918\u500b\u5dde\u6b63\u5728\u8003\u616e\u985e\u4f3c\u653f\u7b56\u3002\u6469\u6839\u5927\u901a\u5206\u6790\u5e2b\u8a8d\u70ba\uff0c\u653f\u5e9c\u5c64\u9762\u7684\u53c3\u8207\u53ef\u80fd\u6210\u70ba\u6bd4\u7279\u5e63\u9577\u671f\u4e0a\u6f32\u7684\u50ac\u5316\u5291\u3002<\/p>\n<h2>\u7d50\u8ad6\uff1a\u9ad8\u6ce2\u52d5\u4f34\u96a8\u9ad8\u56de\u5831\u6a5f\u6703<\/h2>\n<p>\u6bd4\u7279\u5e63\u6b77\u4f86\u6ce2\u52d5\u5287\u70c8\uff0c\u904e\u53bb\u4e94\u5e74\u66fe\u4e03\u6b21\u5f9e\u9ad8\u9ede\u56de\u843d\u8d8525%\uff0c\u4e09\u6b21\u8dcc\u5e45\u8d8550%\u3002\u7136\u800c\uff0c\u5c0d\u65bc\u80fd\u627f\u53d7\u98a8\u96aa\u7684\u6295\u8cc7\u8005\u800c\u8a00\uff0c\u6bd4\u7279\u5e63\u6216\u6bd4\u7279\u5e63\u73fe\u8ca8ETF\u4ecd\u5177\u5438\u5f15\u529b\u3002\u5118\u7ba12025\u5e74\u9054\u523030\u842c\u7f8e\u5143\u7684\u9810\u6e2c\u7565\u986f\u6fc0\u9032\uff0c\u4f46\u6a5f\u69cb\u3001\u4f01\u696d\u548c\u653f\u5e9c\u7684\u6301\u7e8c\u5165\u5834\uff0c\u6216\u5c07\u5728\u672a\u4f86\u5e7e\u5e74\u63a8\u52d5\u6bd4\u7279\u5e63\u9081\u5411\u66f4\u9ad8\u50f9\u4f4d\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u5104\u842c\u5bcc\u7fc1\u80af\u00b7\u683c\u88e1\u82ac\uff08Ken Griffin\uff09\u548c\u53f2\u8482\u6587\u00b7\u79d1\u6069\uff08Steven Cohen\uff09\u65d7\u4e0b\u7684\u5c0d\u6c96\u57fa\u91d1\u5728\u7b2c\u4e00\u5b63\u5ea6 [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":579226,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[426],"tags":[1788,2176,804,574],"class_list":["post-579228","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news-zh-hant","tag-1788","tag-2176","tag-804","tag-574","sectors-financial-products-zh-hant","sectors-technology-zh-hant","locations-us-zh-hant","exchange-nasdaq-zh-hant","exchange-nyse-zh-hant"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/579228","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=579228"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/579228\/revisions"}],"predecessor-version":[{"id":579231,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/579228\/revisions\/579231"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/579226"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=579228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=579228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=579228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}