{"id":650578,"date":"2026-07-15T00:59:06","date_gmt":"2026-07-15T07:59:06","guid":{"rendered":"https:\/\/nai500.com\/?p=650578"},"modified":"2026-07-15T01:09:39","modified_gmt":"2026-07-15T08:09:39","slug":"%e6%9c%a8%e9%a0%ad%e5%a7%90-%e6%af%94%e7%89%b9%e5%b9%a3-%e8%a7%b8%e5%ba%95-%e6%9b%86%e5%8f%b2-%e8%a6%8f%e5%be%8b-%e5%86%8d%e6%ac%a1-%e6%87%89%e9%a9%97%ef%bc%9f","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2026\/07\/%e6%9c%a8%e9%a0%ad%e5%a7%90-%e6%af%94%e7%89%b9%e5%b9%a3-%e8%a7%b8%e5%ba%95-%e6%9b%86%e5%8f%b2-%e8%a6%8f%e5%be%8b-%e5%86%8d%e6%ac%a1-%e6%87%89%e9%a9%97%ef%bc%9f\/","title":{"rendered":"\u6728\u982d\u59d0\u65b7\u8a00\u6bd4\u7279\u5e63\u5df2\u89f8\u5e95\uff0c\u66c6\u53f2\u898f\u5f8b\u6703\u5426\u518d\u6b21\u61c9\u9a57\uff1f"},"content":{"rendered":"<p>\u65b9\u821f\u6295\u8cc7\uff08Ark Invest\uff09\u638c\u9580\u4ebaCathie Wood\uff08\u4eba\u7a31\u201c\u6728\u982d\u59d0\u201d\uff09\u5411\u4f86\u4ee5\u5927\u81bd\u7684\u50f9\u683c\u9810\u6e2c\u8457\u7a31\u3002\u5979\u66fe\u57282025\u5e74\u9810\u6e2c\u6bd4\u7279\u5e632030\u5e74\u57fa\u51c6\u76ee\u6a19\u50f9\u70ba73\u842c\u7f8e\u5143\u3002\u672c\u6708\u521d\uff0c\u6728\u982d\u59d0\u5728\u65b9\u821f\u6295\u8cc7\u7684\u64ad\u5ba2\u7bc0\u76ee\u4e2d\u518d\u6b21\u767c\u8072\uff0c\u7a31\u6bd4\u7279\u5e63\u5df2\u9032\u5165\u201c\u7bc9\u5e95\u904e\u7a0b\u201d\uff0c\u4e26\u5c07\u201c\u6062\u8907\u9ad8\u5ea6\u6ce2\u52d5\u4f46\u6574\u9ad4\u5411\u4e0a\u7684\u9577\u671f\u8da8\u52e2\u201d\u3002\u7576\u9019\u4f4d\u88ab\u8b7d\u70ba\u201c\u79d1\u6280\u80a1\u5973\u80a1\u795e\u201d\u7684\u57fa\u91d1\u7d93\u7406\u64f2\u4e0b\u5982\u6b64\u5224\u65b7\u6642\uff0c\u5e02\u5834\u4e0d\u5f97\u4e0d\u8a8d\u771f\u5be9\u8996\u5176\u80cc\u5f8c\u7684\u908f\u8f2f\u3002<\/p>\n<p><strong><b>\u66c6\u53f2\u898f\u5f8b\u70ba<\/b><\/strong><strong><b>\u6728\u982d\u59d0<\/b><\/strong><strong><b>\u7684\u89c0\u9ede\u63d0\u4f9b\u65b9\u5411\u6027\u652f\u6490<\/b><\/strong><\/p>\n<p>\u6bd4\u7279\u5e63\u6bcf\u56db\u5e74\u4e00\u6b21\u7684\u6e1b\u534a\u6a5f\u5236\uff0c\u69cb\u6210\u4e86\u8fc4\u4eca\u70ba\u6b62\u5176\u50f9\u683c\u8d70\u52e2\u7684\u6838\u5fc3\u5468\u671f\u6846\u67b6\u3002\u6bcf\u7576\u7926\u5de5\u734e\u52f5\u6e1b\u534a\uff0c\u65b0\u4f9b\u61c9\u7684\u91cb\u653e\u901f\u5ea6\u4fbf\u6c38\u4e45\u6027\u6536\u7dca\uff0c\u4e0b\u4e00\u6b21\u6e1b\u534a\u5df2\u9396\u5b9a\u57282028\u5e74\u521d\u3002\u81ea2012\u5e74\u4ee5\u4f86\uff0c\u4e00\u500b\u6e05\u6670\u7684\u898f\u5f8b\u53cd\u8907\u5448\u73fe\uff1a\u6e1b\u534a\u524d\u7d04\u4e00\u5e74\u718a\u5e02\u898b\u5e95\uff0c\u96a8\u5f8c\u958b\u555f\u725b\u5e02\u884c\u60c5\uff0c\u5728\u6e1b\u534a\u5f8c12\u81f318\u500b\u6708\u898b\u9802\uff0c\u4e4b\u5f8c\u9032\u5165\u9577\u9054\u4e00\u5e74\u7684\u718a\u5e02\u8abf\u6574\u3002<\/p>\n<p>2024\u5e744\u6708\u7684\u6e1b\u534a\u50ac\u751f\u4e862025\u5e7410\u6708\u7684\u66c6\u53f2\u65b0\u9ad8\u2014\u2014\u6bd4\u7279\u5e63\u4e00\u5ea6\u7ad9\u4e0a12.6\u842c\u7f8e\u5143\u3002\u82e5\u56b4\u683c\u9075\u5faa\u66c6\u53f2\u8ecc\u8de1\uff0c\u672c\u8f2a\u5468\u671f\u7684\u5e95\u90e8\u5c07\u51fa\u73fe\u57282026\u5e74\u79cb\u5b63\u3002\u9019\u6b63\u662f\u652f\u6490\u6728\u982d\u59d0\u5224\u65b7\u7684\u6838\u5fc3\u908f\u8f2f\uff0c\u800c\u66c6\u53f2\u6578\u64da\u7684\u543b\u5408\u5ea6\u78ba\u5be6\u4e0d\u5bb9\u5ffd\u8996\u3002<\/p>\n<p><strong><b>\u5468\u671f\u56de\u64a4\u8da8\u7de9\uff1a\u6a5f\u69cb\u5316\u5e36\u4f86\u7684\u7d50\u69cb\u6027\u8b8a\u5316<\/b><\/strong><\/p>\n<p>\u4e0d\u904e\uff0c\u4e00\u500b\u91cd\u8981\u7684\u8b8a\u5316\u6b63\u5728\u767c\u751f\u3002\u6bd4\u7279\u5e63\u66c6\u6b21\u5468\u671f\u56de\u64a4\u5e45\u5ea6\u9010\u6f38\u6536\u7a84\uff1a2017\u5e74\u5cf0\u503c\u5f8c\u4e0b\u8dcc84%\uff0c2021\u5e74\u5cf0\u503c\u5f8c\u4e0b\u8dcc77%\uff0c\u800c\u672c\u8f2a\u5f9e\u5cf0\u503c\u81f3\u4eca\u7684\u6700\u5927\u56de\u64a4\u7d04\u70ba50%\u3002\u9019\u80cc\u5f8c\u53cd\u6620\u7684\u662f\u6301\u6709\u4eba\u7d50\u69cb\u7684\u6df1\u523b\u8b8a\u9077\u2014\u2014\u96a8\u8457\u6bd4\u7279\u5e63\u5728\u904e\u53bb\u6578\u5e74\u9593\u9010\u6b65\u7372\u5f97\u4e3b\u6d41\u8a8d\u53ef\uff0c\u6a5f\u69cb\u6295\u8cc7\u8005\u7684\u914d\u7f6e\u6bd4\u4f8b\u6301\u7e8c\u4e0a\u5347\u3002\u9019\u4e9b\u8cc7\u91d1\u4e26\u975e\u57fa\u65bc\u77ed\u671f\u60c5\u7dd2\u9032\u51fa\uff0c\u800c\u662f\u57fa\u65bc\u9577\u671f\u6230\u7565\u8003\u91cf\uff0c\u5176\u50f9\u683c\u4e0d\u654f\u611f\u7684\u9700\u6c42\u7279\u6027\u5929\u7136\u5730\u7de9\u6c96\u4e86\u4e0b\u8dcc\u5e45\u5ea6\uff0c\u540c\u6642\u4e5f\u58d3\u7e2e\u4e86\u4e0a\u6f32\u7684\u7206\u767c\u529b\u3002<\/p>\n<p><strong><b>\u672c\u8f2a\u5468\u671f\u6216\u8207\u904e\u5f80\u622a\u7136\u4e0d\u540c<\/b><\/strong><\/p>\n<p>\u6a5f\u69cb\u8cc7\u91d1\u7684\u6301\u7e8c\u6e67\u5165\uff0c\u5c07\u662f\u672a\u4f86\u5e7e\u5e74\u6bd4\u7279\u5e63\u6558\u4e8b\u7684\u91cd\u8981\u7d44\u6210\u90e8\u5206\u3002Strategy\u516c\u53f8\uff08\u539fMicroStrategy\uff09\u622a\u81f32026\u5e745\u6708\u5df2\u7d2f\u8a08\u589e\u6301171,238\u679a\u6bd4\u7279\u5e63\uff0c\u63a5\u8fd1\u7926\u5de5\u540c\u671f\u7522\u91cf\u7684\u4e09\u500d\u3002\u73fe\u8ca8\u6bd4\u7279\u5e63ETF\u5247\u4ee5\u540c\u6a23\u6a5f\u5236\u5927\u898f\u6a21\u5438\u6536\u6bd4\u7279\u5e63\u4ee5\u652f\u6490\u5176\u4efd\u984d\u767c\u884c\u3002\u9019\u985e\u50f9\u683c\u4e0d\u654f\u611f\u7684\u9700\u6c42\uff0c\u5728\u63d0\u4f9b\u4e0b\u8dcc\u7de9\u6c96\u7684\u540c\u6642\uff0c\u4e5f\u53ef\u80fd\u58d3\u7e2e\u4e0a\u884c\u7684\u5f48\u6027\u3002<\/p>\n<p>\u6728\u982d\u59d0\u768473\u842c\u7f8e\u5143\u76ee\u6a19\u50f9\u610f\u5473\u8457\u5f9e\u7576\u524d\u50f9\u683c\uff08\u7d046.47\u842c\u7f8e\u5143\uff09\u52302030\u5e74\u5e95\u9700\u8981\u5be6\u73fe\u7d0472%\u7684\u5e74\u8907\u5408\u589e\u9577\u7387\u3002\u9019\u4e00\u589e\u901f\u5728\u6bd4\u7279\u5e632020\u81f32021\u5e74\u7684\u5468\u671f\u4e2d\u66fe\u771f\u5be6\u767c\u751f\u904e\uff0c\u56e0\u6b64\u6578\u5b78\u4e0a\u4e26\u975e\u4e0d\u53ef\u80fd\u3002\u4f46\u554f\u984c\u5728\u65bc\uff0c\u5f7c\u6642\u7684\u5e02\u5834\u53c3\u8207\u8005\u7d50\u69cb\u8207\u7576\u524d\u5df2\u622a\u7136\u4e0d\u540c\u2014\u2014\u5728\u5982\u6b64\u9f90\u5927\u7684\u4f9b\u7d66\u91cf\u5df2\u843d\u5165\u6a5f\u69cb\u624b\u4e2d\u7684\u60c5\u6cc1\u4e0b\uff0c\u4e26\u7121\u5148\u4f8b\u53ef\u5faa\uff0c\u672c\u8f2a\u5468\u671f\u7684\u6f14\u7e79\u65b9\u5f0f\u5f88\u53ef\u80fd\u8207\u904e\u5f80\u5927\u76f8\u5f91\u5ead\u3002<\/p>\n<p><strong><b>\u6295\u8cc7\u8005\u8a72\u5982\u4f55\u61c9\u5c0d\uff1f<\/b><\/strong><\/p>\n<p>\u7121\u8ad6\u6728\u982d\u59d0\u7684\u5224\u65b7\u6700\u7d42\u662f\u5426\u7cbe\u51c6\uff0c\u7576\u524d\u6642\u9ede\u7684\u6838\u5fc3\u554f\u984c\u4e26\u975e\u201c\u5e95\u90e8\u662f\u5426\u5df2\u78ba\u7acb\u201d\uff0c\u800c\u662f\u201c\u6bd4\u7279\u5e63\u4f5c\u70ba\u9577\u671f\u8cc7\u7522\u914d\u7f6e\u7684\u50f9\u503c\u662f\u5426\u6210\u7acb\u201d\u3002\u5f9e\u5468\u671f\u4f4d\u7f6e\u4f86\u770b\uff0c\u5e02\u5834\u78ba\u5be6\u8655\u65bc\u4e0b\u884c\u98a8\u96aa\u9010\u6b65\u91cb\u653e\u3001\u4e0a\u884c\u6f5b\u529b\u9010\u6b65\u7a4d\u7d2f\u7684\u968e\u6bb5\u3002\u6700\u5927\u7684\u8cb7\u5bb6\u2014\u2014\u7121\u8ad6\u662fStrategy\u3001\u8c9d\u840a\u5fb7\u7b49\u6a5f\u69cb\u7684\u73fe\u8ca8ETF\uff0c\u9084\u662f\u5176\u4ed6\u9577\u671f\u914d\u7f6e\u578b\u8cc7\u91d1\u2014\u2014\u76ee\u524d\u4e26\u672a\u6d41\u9732\u51fa\u5927\u898f\u6a21\u62cb\u552e\u7684\u610f\u5716\u3002<\/p>\n<p>\u5c0d\u65bc\u666e\u901a\u6295\u8cc7\u8005\u800c\u8a00\uff0c\u4ee5\u81f3\u5c11\u4e94\u5e74\u70ba\u6301\u6709\u5468\u671f\u9032\u884c\u5206\u6279\u5b9a\u6295\uff0c\u4e0d\u5931\u70ba\u4e00\u7a2e\u7406\u6027\u7684\u61c9\u5c0d\u7b56\u7565\u3002\u5373\u4fbf\u6bd4\u7279\u5e63\u6700\u7d42\u672a\u80fd\u89f8\u53ca\u6728\u982d\u59d0\u768473\u842c\u7f8e\u5143\u76ee\u6a19\u50f9\uff0c\u53ea\u8981\u5176\u4f5c\u70ba\u6578\u5b57\u9ec3\u91d1\u7684\u6558\u4e8b\u6839\u57fa\u672a\u88ab\u985b\u8986\uff0c\u9577\u671f\u7684\u6301\u6709\u56de\u5831\u4ecd\u7136\u503c\u5f97\u671f\u5f85\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u65b9\u821f\u6295\u8cc7\uff08Ark Invest\uff09\u638c\u9580\u4ebaCathie Wood\uff08\u4eba\u7a31\u201c\u6728\u982d\u59d0\u201d\uff09\u5411\u4f86\u4ee5\u5927\u81bd\u7684\u50f9\u683c\u9810\u6e2c\u8457\u7a31\u3002\u5979\u66fe\u5728 [&hellip;]<\/p>\n","protected":false},"author":31,"featured_media":612084,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[426],"tags":[2594,2109,2126],"class_list":["post-650578","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news-zh-hant","tag-bitcoin","tag-2109","tag--zh-hant","sectors-cryptocurrency-zh-hant","locations-us-zh-hant"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/650578","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\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=650578"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/650578\/revisions"}],"predecessor-version":[{"id":650581,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/650578\/revisions\/650581"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/612084"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=650578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=650578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=650578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}