{"id":43688,"date":"2024-01-04T23:56:00","date_gmt":"2024-01-04T15:56:00","guid":{"rendered":"https:\/\/www.granitefirm.com\/blog\/?p=43688"},"modified":"2025-11-25T11:50:24","modified_gmt":"2025-11-25T03:50:24","slug":"%e5%8a%a0%e5%af%86%e8%b2%a8%e5%b9%a3etf%e6%8e%a8%e5%8b%95%e7%9b%b8%e9%97%9c%e4%bc%81%e6%a5%ad%e5%a4%a7%e6%bc%b2","status":"publish","type":"post","link":"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/01\/04\/%e5%8a%a0%e5%af%86%e8%b2%a8%e5%b9%a3etf%e6%8e%a8%e5%8b%95%e7%9b%b8%e9%97%9c%e4%bc%81%e6%a5%ad%e5%a4%a7%e6%bc%b2\/","title":{"rendered":"\u52a0\u5bc6\u8ca8\u5e63ETF\u63a8\u52d5\u76f8\u95dc\u4f01\u696d\u5927\u6f32"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"\u986f\u793a\/\u96b1\u85cf\u5167\u5bb9\u76ee\u9304\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/01\/04\/%e5%8a%a0%e5%af%86%e8%b2%a8%e5%b9%a3etf%e6%8e%a8%e5%8b%95%e7%9b%b8%e9%97%9c%e4%bc%81%e6%a5%ad%e5%a4%a7%e6%bc%b2\/#%E5%8A%A0%E5%AF%86%E8%B2%A8%E5%B9%A3ETF\" >\u52a0\u5bc6\u8ca8\u5e63ETF<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/01\/04\/%e5%8a%a0%e5%af%86%e8%b2%a8%e5%b9%a3etf%e6%8e%a8%e5%8b%95%e7%9b%b8%e9%97%9c%e4%bc%81%e6%a5%ad%e5%a4%a7%e6%bc%b2\/#%E6%B3%95%E9%99%A2%E5%88%A4%E6%B1%BA%E5%B0%8D%E7%99%BC%E8%A1%8C%E5%95%86%E6%9C%89%E5%88%A9\" 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href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/01\/04\/%e5%8a%a0%e5%af%86%e8%b2%a8%e5%b9%a3etf%e6%8e%a8%e5%8b%95%e7%9b%b8%e9%97%9c%e4%bc%81%e6%a5%ad%e5%a4%a7%e6%bc%b2\/#%E7%94%A2%E6%A5%AD%E5%82%AC%E5%8C%96%E5%8A%91\" >\u7522\u696d\u50ac\u5316\u5291<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/01\/04\/%e5%8a%a0%e5%af%86%e8%b2%a8%e5%b9%a3etf%e6%8e%a8%e5%8b%95%e7%9b%b8%e9%97%9c%e4%bc%81%e6%a5%ad%e5%a4%a7%e6%bc%b2\/#%E9%81%8E%E5%8E%BB%E5%85%A9%E5%B9%B4%E7%9A%84%E7%99%BC%E5%B1%95\" >\u904e\u53bb\u5169\u5e74\u7684\u767c\u5c55<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/01\/04\/%e5%8a%a0%e5%af%86%e8%b2%a8%e5%b9%a3etf%e6%8e%a8%e5%8b%95%e7%9b%b8%e9%97%9c%e4%bc%81%e6%a5%ad%e5%a4%a7%e6%bc%b2\/#%E9%81%8E%E5%8E%BB%E5%8D%8A%E5%B9%B4%E5%A4%A7%E6%BC%B2%E7%9A%84%E5%8E%9F%E5%9B%A0\" >\u904e\u53bb\u534a\u5e74\u5927\u6f32\u7684\u539f\u56e0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/01\/04\/%e5%8a%a0%e5%af%86%e8%b2%a8%e5%b9%a3etf%e6%8e%a8%e5%8b%95%e7%9b%b8%e9%97%9c%e4%bc%81%e6%a5%ad%e5%a4%a7%e6%bc%b2\/#%E7%9B%A3%E7%AE%A1%E5%96%AE%E4%BD%8D%E7%82%BA%E4%BD%95%E6%94%B9%E8%AE%8A%E6%85%8B%E5%BA%A6%EF%BC%9F\" >\u76e3\u7ba1\u55ae\u4f4d\u70ba\u4f55\u6539\u8b8a\u614b\u5ea6\uff1f<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/01\/04\/%e5%8a%a0%e5%af%86%e8%b2%a8%e5%b9%a3etf%e6%8e%a8%e5%8b%95%e7%9b%b8%e9%97%9c%e4%bc%81%e6%a5%ad%e5%a4%a7%e6%bc%b2\/#%E5%AE%98%E6%96%B9%E6%95%B4%E9%A0%93%E6%9C%89%E6%88%90\" >\u5b98\u65b9\u6574\u9813\u6709\u6210<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/01\/04\/%e5%8a%a0%e5%af%86%e8%b2%a8%e5%b9%a3etf%e6%8e%a8%e5%8b%95%e7%9b%b8%e9%97%9c%e4%bc%81%e6%a5%ad%e5%a4%a7%e6%bc%b2\/#%E7%9B%AE%E5%89%8D%E7%94%A2%E6%A5%AD%E7%95%8C%E7%9A%84%E8%AE%8A%E9%80%9A%E5%81%9A%E6%B3%95\" >\u76ee\u524d\u7522\u696d\u754c\u7684\u8b8a\u901a\u505a\u6cd5<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/01\/04\/%e5%8a%a0%e5%af%86%e8%b2%a8%e5%b9%a3etf%e6%8e%a8%e5%8b%95%e7%9b%b8%e9%97%9c%e4%bc%81%e6%a5%ad%e5%a4%a7%e6%bc%b2\/#%E5%8A%A0%E5%AF%86%E8%B2%A8%E5%B9%A3%E5%9F%BA%E9%87%91\" >\u52a0\u5bc6\u8ca8\u5e63\u57fa\u91d1<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/01\/04\/%e5%8a%a0%e5%af%86%e8%b2%a8%e5%b9%a3etf%e6%8e%a8%e5%8b%95%e7%9b%b8%e9%97%9c%e4%bc%81%e6%a5%ad%e5%a4%a7%e6%bc%b2\/#%E5%8A%A0%E5%AF%86%E8%B2%A8%E5%B9%A3%E4%BF%A1%E8%A8%97%E7%AE%A1%E7%90%86\" >\u52a0\u5bc6\u8ca8\u5e63\u4fe1\u8a17\u7ba1\u7406<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/01\/04\/%e5%8a%a0%e5%af%86%e8%b2%a8%e5%b9%a3etf%e6%8e%a8%e5%8b%95%e7%9b%b8%e9%97%9c%e4%bc%81%e6%a5%ad%e5%a4%a7%e6%bc%b2\/#%E6%8C%81%E6%9C%89%E5%8A%A0%E5%AF%86%E8%B2%A8%E5%B9%A3%E7%9A%84%E4%BC%81%E6%A5%AD\" >\u6301\u6709\u52a0\u5bc6\u8ca8\u5e63\u7684\u4f01\u696d<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/01\/04\/%e5%8a%a0%e5%af%86%e8%b2%a8%e5%b9%a3etf%e6%8e%a8%e5%8b%95%e7%9b%b8%e9%97%9c%e4%bc%81%e6%a5%ad%e5%a4%a7%e6%bc%b2\/#%E5%8A%A0%E5%AF%86%E8%B2%A8%E5%B9%A3%E6%9C%9F%E8%B2%A8\" >\u52a0\u5bc6\u8ca8\u5e63\u671f\u8ca8<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/01\/04\/%e5%8a%a0%e5%af%86%e8%b2%a8%e5%b9%a3etf%e6%8e%a8%e5%8b%95%e7%9b%b8%e9%97%9c%e4%bc%81%e6%a5%ad%e5%a4%a7%e6%bc%b2\/#%E5%90%84%E5%9C%8B%E6%A0%B8%E6%B7%AE%E6%83%85%E5%BD%A2\" >\u5404\u570b\u6838\u6dee\u60c5\u5f62<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/01\/04\/%e5%8a%a0%e5%af%86%e8%b2%a8%e5%b9%a3etf%e6%8e%a8%e5%8b%95%e7%9b%b8%e9%97%9c%e4%bc%81%e6%a5%ad%e5%a4%a7%e6%bc%b2\/#%E5%8A%A0%E6%8B%BF%E5%A4%A7%E5%B7%B2%E6%A0%B8%E6%B7%AE\" >\u52a0\u62ff\u5927\u5df2\u6838\u6dee<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/01\/04\/%e5%8a%a0%e5%af%86%e8%b2%a8%e5%b9%a3etf%e6%8e%a8%e5%8b%95%e7%9b%b8%e9%97%9c%e4%bc%81%e6%a5%ad%e5%a4%a7%e6%bc%b2\/#%E7%BE%8E%E5%9C%8B%E5%8F%AA%E5%B7%AE%E4%B8%8A%E5%B8%82%E6%97%A5%E6%9C%9F\" >\u7f8e\u570b\u53ea\u5dee\u4e0a\u5e02\u65e5\u671f<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/01\/04\/%e5%8a%a0%e5%af%86%e8%b2%a8%e5%b9%a3etf%e6%8e%a8%e5%8b%95%e7%9b%b8%e9%97%9c%e4%bc%81%e6%a5%ad%e5%a4%a7%e6%bc%b2\/#%E7%8D%B2%E5%88%A9%E7%9A%84%E7%9B%B8%E9%97%9C%E4%BC%81%E6%A5%AD\" >\u7372\u5229\u7684\u76f8\u95dc\u4f01\u696d<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/01\/04\/%e5%8a%a0%e5%af%86%e8%b2%a8%e5%b9%a3etf%e6%8e%a8%e5%8b%95%e7%9b%b8%e9%97%9c%e4%bc%81%e6%a5%ad%e5%a4%a7%e6%bc%b2\/#%E5%8A%A0%E5%AF%86%E5%B9%A3%E4%BA%A4%E6%98%93%E5%95%86\" >\u52a0\u5bc6\u5e63\u4ea4\u6613\u5546<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/01\/04\/%e5%8a%a0%e5%af%86%e8%b2%a8%e5%b9%a3etf%e6%8e%a8%e5%8b%95%e7%9b%b8%e9%97%9c%e4%bc%81%e6%a5%ad%e5%a4%a7%e6%bc%b2\/#%E5%8A%A0%E5%AF%86%E5%B9%A3%E6%8E%A1%E7%A4%A6%E5%95%86\" >\u52a0\u5bc6\u5e63\u63a1\u7926\u5546<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/01\/04\/%e5%8a%a0%e5%af%86%e8%b2%a8%e5%b9%a3etf%e6%8e%a8%e5%8b%95%e7%9b%b8%e9%97%9c%e4%bc%81%e6%a5%ad%e5%a4%a7%e6%bc%b2\/#ETF%E7%99%BC%E8%A1%8C%E5%95%86\" >ETF\u767c\u884c\u5546<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/01\/04\/%e5%8a%a0%e5%af%86%e8%b2%a8%e5%b9%a3etf%e6%8e%a8%e5%8b%95%e7%9b%b8%e9%97%9c%e4%bc%81%e6%a5%ad%e5%a4%a7%e6%bc%b2\/#%E5%BE%8C%E8%A8%98\" >\u5f8c\u8a18<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/01\/04\/%e5%8a%a0%e5%af%86%e8%b2%a8%e5%b9%a3etf%e6%8e%a8%e5%8b%95%e7%9b%b8%e9%97%9c%e4%bc%81%e6%a5%ad%e5%a4%a7%e6%bc%b2\/#%E7%9B%B8%E9%97%9C%E6%96%87%E7%AB%A0\" >\u76f8\u95dc\u6587\u7ae0<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%8A%A0%E5%AF%86%E8%B2%A8%E5%B9%A3ETF\"><\/span>\u52a0\u5bc6\u8ca8\u5e63ETF<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E6%B3%95%E9%99%A2%E5%88%A4%E6%B1%BA%E5%B0%8D%E7%99%BC%E8%A1%8C%E5%95%86%E6%9C%89%E5%88%A9\"><\/span>\u6cd5\u9662\u5224\u6c7a\u5c0d\u767c\u884c\u5546\u6709\u5229<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u7f8e\u570b\u4e0a\u8a34\u6cd5\u9662\u65bc2023\u5e748\u670829\u2f47\u63a8\u7ffb\u7f8e\u570b\u8b49\u5238\u4ea4\u6613\u59d4\u54e1\u6703\uff08SEC\uff09\u65e9\u524d\u7684\u6c7a\u5b9a\uff0c\u70ba\u2fb8\u6a94\u6bd4\u7279\u5e63\u73fe\u8ca8ETF\u92ea\u5e73\u4e86\u9053\u8def\uff0c\u6fc0\u52f5\u6bd4\u7279\u5e63\u731b\u6f32\u3002<\/p>\n\n\n\n<p>2022\u5e74\u5e746\u2f49\uff0cSEC\u5426\u6c7a\u4e86\u52a0\u5bc6\u8ca8\u5e63\u57fa\u2fa6\u4f9b\u61c9\u5546\u7070\u5ea6\uff08Grayscale\uff09\u7684\u7533\u8acb\uff0c\u4e0d\u5141\u8a31\u5176\u5c07\u65d7\u4e0b\u6bd4\u7279\u5e63\u4fe1\u8a17Grayscale Bitcoin Trust\uff08GBTC\uff09\u8f49\u63db\u70ba\u6bd4\u7279\u5e63\u73fe\u8ca8ETF\uff0cSEC\u8a8d\u70ba\uff0c\u7070\u5ea6\u8b93\u6bd4\u7279\u5e63\u73fe\u8ca8ETF\u5728\u7d10\u4ea4\u6240\u65d7\u4e0bNYSE Arca\u4e0a\u5e02\u7684\u8a08\u756b\uff0c\u4e0d\u2f9c\u4ee5\u907f\u514d\u6b3a\u8a50\u548c\u5e02\u5834\u64cd\u7e31\uff0c\u7070\u5ea6\u96a8\u5f8c\u5c0dSEC\u63d0\u8d77\u4e86\u8a34\u8a1f\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"SEC%E5%8D%B3%E5%B0%87%E6%A0%B8%E6%B7%AE%E7%8F%BE%E8%B2%A8ETF\"><\/span>SEC\u5373\u5c07\u6838\u6dee\u73fe\u8ca8ETF<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>SEC\u5728\u904e\u53bb\u5169\u5e74\u4e2d\uff0c\u9678\u7e8c\u5be9\u6838\u904e\u591a\u5bb6\u6295\u8cc7\u6a5f\u69cb\u7533\u8acb\u767c\u884c\u6bd4\u7279\u5e63\u6216\u5176\u5b83\u52a0\u5bc6\u5e63\u7684\u73fe\u8ca8ETF\u7533\u8acb\u6848\u3002\u4f46\u5927\u90fd\u7121\u75be\u800c\u7d42\uff0c\u4ee4\u4eba\u4e0d\u77e5\u6240\u4ee5\u3002<\/p>\n\n\n\n<p>\u4f46\u76ee\u524d\u7684\u614b\u52e2\u5df2\u7d93\u767c\u5f88\u5927\u7684\u6539\u8b8a\uff0c\u8ca1\u7d93\u754c\u4eba\u58eb\uff0c\u83ef\u723e\u8857\uff0c\u4ee5\u53ca\u591a\u6578\u767c\u884c\u6a5f\u69cb\u672c\u8eab\u5224\u65b7\uff0cSEC\u5f88\u53ef\u80fd\u6700\u65e9\u6703\u57282024\u5e741\u670810\u65e5\u524d\u540c\u6642\u6838\u53ef\u591a\u5bb6\u6bd4\u7279\u5e63\u73fe\u8ca8ETF\u639b\u724c\u4e0a\u5e02\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E8%8F%AF%E7%88%BE%E8%A1%97%E8%88%88%E8%B6%A3%E6%BF%83%E5%8E%9A\"><\/span>\u83ef\u723e\u8857\u8208\u8da3\u6fc3\u539a<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><a href=\"https:\/\/www.reuters.com\/technology\/sec-tells-spot-bitcoin-etf-hopefuls-make-final-changes-by-year-end-sources-2023-12-22\/\" target=\"_blank\" rel=\"noreferrer noopener\">Fox Business\u66fe\u5831\u5c0e<\/a>\u904e\uff0c\u57282023\u5e7412\u670829\u65e5\u671f\u9650\u524d\uff0c\u5df2\u7d93\u670913\u5bb6\u6a5f\u69cb\u7533\u8acb\u767c\u884c\u6bd4\u7279\u5e63\u73fe\u8ca8ETF\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E7%94%A2%E6%A5%AD%E5%82%AC%E5%8C%96%E5%8A%91\"><\/span>\u7522\u696d\u50ac\u5316\u5291<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u73fe\u8ca8ETF\u7372\u5f97\u6279\u51c6\uff0c\u5c07\u6210\u70ba\u52a0\u5bc6\u5e63\u7522\u696d\u4e3b\u8981\u7684\u50ac\u5316\u5291\uff0c\u80af\u5b9a\u6703\u5e36\u4f86\u4e00\u6ce2\u5f37\u52c1\u7684\u9700\u6c42\u3002\u5c24\u5176\u662f\u73fe\u5728\u9023\u4e3b\u6d41\u7684\u83ef\u723e\u8857\u696d\u8005\uff0c\u5bcc\u9054\u3001\u8c9d\u840a\u5fb7\u3001\u548c\u7d0d\u65af\u9054\u514b\u7b49\u5168\u7403\u91cd\u91cf\u7d1a\u7684\u6307\u6578ETF\u767c\u884c\u5546\u90fd\u5df2\u7d93\u5411SEC\u63d0\u51fa\u7533\u8acb\uff0c\u4e00\u5b9a\u6703\u5438\u5f15\u5927\u6279\u7684\u6295\u8cc7\u4eba\u7684\u8cc7\u91d1\u6295\u5165\u52a0\u5bc6\u5e63\u73fe\u8ca8ETF\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E9%81%8E%E5%8E%BB%E5%85%A9%E5%B9%B4%E7%9A%84%E7%99%BC%E5%B1%95\"><\/span>\u904e\u53bb\u5169\u5e74\u7684\u767c\u5c55<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E9%81%8E%E5%8E%BB%E5%8D%8A%E5%B9%B4%E5%A4%A7%E6%BC%B2%E7%9A%84%E5%8E%9F%E5%9B%A0\"><\/span>\u904e\u53bb\u534a\u5e74\u5927\u6f32\u7684\u539f\u56e0<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u6295\u8cc7\u4eba\u5982\u679c\u95dc\u6ce8\u8ca1\u7d93\u65b0\u805e\u7684\u8a71\uff0c\u61c9\u4e0d\u96e3\u767c\u73fe\uff0c2023\u5e74\u4e0b\u534a\u5e74\u4ee5\u4f86\uff0c\u52a0\u5bc6\u8ca8\u5e63\u7684\u4ea4\u6613\u50f9\u5df2\u7d93\u7531\u904e\u53bb\u5169\u5e74\u7684\u8c37\u5e95\u5927\u5e45\u56de\u5347\u3002\u4f46\u56de\u5347\u7684\u539f\u56e0\u70ba\u4f55\uff1f\u6211\u500b\u4eba\u8a8d\u70ba\u6709\u4ee5\u4e0b\u5e7e\u9805\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u8dcc\u6df1\u53cd\u5f48\uff0c\u6bd4\u7279\u5e632023\u5e74\u4ee5\u8d85\u904e160%\u7684\u6f32\u5e45\u5f37\u52e2\u56de\u6b78\uff0c\u5e02\u503c\u589e\u52a0\u4e86\u7d045300\u5104\u7f8e\u5143\u3002\u3002<\/li>\n\n\n\n<li>\u7d93\u904e\u5341\u591a\u5e74\u7684\u63a8\u5ee3\uff0c\u7279\u5225\u662f\u901a\u81a8\u52a0\u5287\u5404\u570b\u6cd5\u5e63\u7684\u660e\u986f\u8cb6\u503c\uff0c\u76ca\u767c\u986f\u793a\u52a0\u5bc6\u5e63\u7684\u5b58\u5728\u50f9\u503c\u3002<\/li>\n\n\n\n<li>\u7f8e\u570b\u5373\u5c07\u6838\u6e96\u6295\u8cc7\u6a5f\u69cb\u5408\u6cd5\u767c\u884c\u52a0\u5bc6\u8ca8\u5e63\u7684\u73fe\u8ca8ETF\u3002<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E7%9B%A3%E7%AE%A1%E5%96%AE%E4%BD%8D%E7%82%BA%E4%BD%95%E6%94%B9%E8%AE%8A%E6%85%8B%E5%BA%A6%EF%BC%9F\"><\/span>\u76e3\u7ba1\u55ae\u4f4d\u70ba\u4f55\u6539\u8b8a\u614b\u5ea6\uff1f<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u9019\u4e09\u5927\u539f\u56e0\uff0c\u5c24\u4ee5\u6700\u5f8c\u4e00\u9805\u6700\u70ba\u95dc\u9375\u3002\u9019\u4ee3\u8868\u4e86\u76e3\u7ba1\u55ae\u4f4d\u614b\u5ea6\u7684\u6539\u8b8a\uff0c\u4ee5\u53ca\u5927\u773e\u5df2\u80fd\u63a5\u53d7\u52a0\u5bc6\u8ca8\u5e63\uff0c\u5404\u65b9\u7684\u65bd\u58d3\uff0c \u8feb\u4f7f\u76e3\u7ba1\u55ae\u4f4d\u4e0d\u5f97\u4e0d\u9b06\u7d81\u6cd5\u4ee4\uff0c\u5411\u5e02\u5834\u59a5\u5354\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%AE%98%E6%96%B9%E6%95%B4%E9%A0%93%E6%9C%89%E6%88%90\"><\/span>\u5b98\u65b9\u6574\u9813\u6709\u6210<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u53e6\u4e00\u65b9\u9762\u662f\u904e\u53bb\u5169\u5e74\u4f86\uff0c\u76e3\u7ba1\u55ae\u4f4d\u5411\u9055\u6cd5\u7684\u52a0\u5bc6\u8ca8\u5e63\u7d93\u71df\u4f01\u696d\u767c\u52d5\u641c\u7d22\uff0c\u8d77\u8a34\uff0c\u7f70\u6b3e\u7b49\u5404\u7a2e\u5e02\u5834\u7684\u6574\u9813\u624b\u6bb5\uff0c\u5df2\u7d93\u8b93\u52a0\u5bc6\u8ca8\u5e63\u7522\u696d\u9010\u6f38\u7d0d\u5165\u5b98\u65b9\u6240\u5283\u5b9a\u7684\u7d93\u71df\u65b9\u5411\uff0c\u9019\u5c0d\u6295\u8cc7\u4eba\u7684\u6b0a\u76ca\u4fdd\u969c\uff0c\u5e02\u5834\u898f\u5247\uff0c\u5b98\u65b9\u7684\u7acb\u5834\u90fd\u767c\u751f\u5065\u5eb7\u7684\u6f14\u8b8a\u3002<\/p>\n\n\n\n<p>\u9019\u4e00\u90e8\u4efd\uff0c\u8acb\u6295\u8cc7\u4eba\u53c3\u8003\u6211\u5148\u524d\u8cbc\u6587\u7684\u8a73\u7d30\u8aaa\u660e\uff1a\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2023\/12\/28\/coinbase%e5%92%8c%e5%b9%a3%e5%ae%89%e5%a6%82%e4%bd%95%e8%b3%ba%e9%8c%a2%e5%84%aa%e5%8b%a2%e7%9a%84%e6%af%94%e8%bc%83\/\" target=\"_blank\" rel=\"noreferrer noopener\">Coinbase\u548c\u5e63\u5b89\uff08Binance\uff09\u5982\u4f55\u8cfa\u9322\uff1f\u96d9\u65b9\u512a\u52e2\u7684\u6bd4\u8f03<\/a>\u300b\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E7%9B%AE%E5%89%8D%E7%94%A2%E6%A5%AD%E7%95%8C%E7%9A%84%E8%AE%8A%E9%80%9A%E5%81%9A%E6%B3%95\"><\/span>\u76ee\u524d\u7522\u696d\u754c\u7684\u8b8a\u901a\u505a\u6cd5<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%8A%A0%E5%AF%86%E8%B2%A8%E5%B9%A3%E5%9F%BA%E9%87%91\"><\/span>\u52a0\u5bc6\u8ca8\u5e63\u57fa\u91d1<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>2017\u5e74\u6642\uff0c\u5176\u5be6\u5c31\u5df2\u7d93\u6709Bitwise Asset Management\u9019\u5bb6\u696d\u8005\uff0c\u8a2d\u2f74\u2fb8\u6b3e\u52a0\u5bc6\u8ca8\u5e63\u6307\u6578\u57fa\u2fa6\uff0c\u85c9\u6b64\u8b93\u6295\u8cc7\u8005\u80fd\u4ee5\u66f4\u7c21\u55ae\u2f45\u5f0f\u6295\u8cc7\u2f50\u7279\u5e63\u7b49\u65b0\u8208\u6578\u4f4d\u52a0\u5bc6\u8ca8\u5e63\uff0c\u7121\u9700\u2f83\u2f8f\u6295\u8cc7\u786c\u9ad4\u8a2d\u5099\u9032\u2f8f\u300c\u6316\u7926\u300d\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%8A%A0%E5%AF%86%E8%B2%A8%E5%B9%A3%E4%BF%A1%E8%A8%97%E7%AE%A1%E7%90%86\"><\/span>\u52a0\u5bc6\u8ca8\u5e63\u4fe1\u8a17\u7ba1\u7406<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u76ee\u524d\u7522\u696d\u754c\u7684\u8b8a\u901a\u505a\u6cd5\u662f\u63a1\u53d6\u985eETF\u7684\u505a\u6cd5\uff0c\u7531\u52a0\u5bc6\u8ca8\u5e63\u4fe1\u8a17\u7ba1\u7406\u6240\u6301\u6709\u7684\u52a0\u5bc6\u8ca8\u5e63\uff0c\u6295\u8cc7\u4eba\u518d\u6295\u8cc7\u6301\u6709\u52a0\u5bc6\u8ca8\u5e63\u4fe1\u8a17\u7ba1\u7406\u7684\u6295\u8cc7\u6a5f\u69cb\u3002\u7070\u5ea6\u6295\u8cc7\uff08Grayscale Investments\uff09\u9019\u5bb6\u4f01\u696d\u5c31\u662f\u5f9e\u4e8b\u9019\u7a2e\u696d\u52d9\u7684\u4ee3\u8868\u6027\u6295\u8cc7\u6a5f\u69cb\uff0c\u5b83\u6240\u767c\u884c\u7684\u7684Grayscale Bitcoin Trust\uff08\u7f8e\u80a1\u4ee3\u78bc\uff1aGBTC\uff09\u5c31\u662f\u5b83\u6700\u8457\u540d\u7684\u4e00\u9805\u9ad8\u5ea6\u9023\u7d50\u7684\u76f8\u95dc\u5546\u54c1\u3002<\/p>\n\n\n\n<p>\u9019\u7a2e\u505a\u6cd5\u5176\u5be6\u904a\u8d70\u5728\u6cd5\u5f8b\u908a\u7de3\uff0c\u7f8e\u570b\u4e3b\u7ba1\u6a5f\u69cb\u4e5f\u5f88\u96e3\u76e3\u7ba1\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E6%8C%81%E6%9C%89%E5%8A%A0%E5%AF%86%E8%B2%A8%E5%B9%A3%E7%9A%84%E4%BC%81%E6%A5%AD\"><\/span>\u6301\u6709\u52a0\u5bc6\u8ca8\u5e63\u7684\u4f01\u696d<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u4e5f\u6709\u6295\u8cc7\u4eba\u6539\u6295\u8cc7\u6301\u6709\u52a0\u5bc6\u8ca8\u5e63\u7684\u4f01\u696d\uff0c\u9019\u7a2e\u4e0a\u5e02\u4f01\u696d\u7684\u4e3b\u696d\u4e26\u4e0d\u662f\u6295\u8cc7\u6a5f\u69cb\uff0c\u4f01\u696d\u7684\u50f9\u503c\u4f86\u81ea\u65bc\u672c\u8eab\u6240\u6301\u6709\u7684\u52a0\u5bc6\u8ca8\u5e63\u3002\u5176\u4e2d\u6700\u6709\u540d\u7684\u4e00\u5bb6\u5c31\u662f\u56e0\u70ba\u6301\u6709\u5927\u91cf\u6bd4\u7279\u5e63\uff0c\u6bcd\u4ee5\u5b50\u8cb4\u7684Strategy\uff08\u7f8e\u80a1\u4ee3\u78bc\uff1aMSTR\uff09\u3002<\/p>\n\n\n\n<p>Strategy\u516c\u53f8\u6210\u7acb\u65bc\u8fd135\u5e74\u524d\uff0c\u5728\u5176\u5927\u90e8\u5206\u6b77\u53f2\u4e2d\uff0c\u5b83\u90fd\u662f\u4e00\u5bb6\u9bae\u70ba\u4eba\u77e5\u7684\u5c08\u6ce8\u65bc\u5546\u696d\u667a\u6167\u7684\u8edf\u9ad4\u516c\u53f8\u3002\u8207\u4f9d\u9760\u71df\u6536\u6210\u9577\u6216\u5e02\u4f54\u7387\u6210\u9577\u4f86\u63a8\u52d5\u80a1\u50f9\u7684\u79d1\u6280\u540c\u696d\u4e0d\u540c\uff0cStrategy\u7684\u6295\u8cc7\u4eba\u5438\u5f15\u529b\u5e7e\u4e4e\u5b8c\u5168\u6b78\u529f\u65bc\u6bd4\u7279\u5e63\u3002<\/p>\n\n\n\n<p>\u8a72\u516c\u53f8\u65bc2020\u5e74\u5e74\u4e2d\u958b\u59cb\u8cfc\u8cb7\u52a0\u5bc6\u8ca8\u5e63\uff0c\u662f\u5168\u7403\u6301\u6709\u6bd4\u7279\u5e63\u6700\u591a\u7684\u4e0a\u5e02\u516c\u53f8\u3002\u622a\u81f32023\u5e74\u5e95\u6642\uff0c\u6301\u5e63\u7e3d\u6578\u9054\u5230189,150\u679a\uff0c\u50f9\u503c\u8d85\u904e80\u5104\u7f8e\u5143\u3002\u5982\u6b64\u7684\u6301\u6709\u91cf\u903c\u8fd1\u6d41\u901a\u6bd4\u7279\u5e63\u7e3d\u6578\u76841%\u3002<\/p>\n\n\n\n<p>\u57282023\u5e74\uff0c\u8a72\u80a1\u98c6\u5347\u4e86335.54%\uff0c\u5927\u7d04\u662f\u6bd4\u7279\u5e63\u540c\u671f\u6f32\u5e45\u7684\u5169\u500d\uff0c\u4f7f\u5176\u6210\u70ba\u7f8e\u570b\u5e02\u503c50\u5104\u7f8e\u5143\u6216\u4ee5\u4e0a\u7684\u516c\u53f8\u4e2d\u6f32\u5e45\u6700\u5927\u7684\u516c\u53f8\u4e4b\u4e00\uff0c\u751a\u81f3\u8d85\u904e\u4e86\u8f1d\u9054245.94%\u7684\u6f32\u5e45\u548cMeta Platforms\u516c\u53f8\u7684183.76%\u6f32\u5e45\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%8A%A0%E5%AF%86%E8%B2%A8%E5%B9%A3%E6%9C%9F%E8%B2%A8\"><\/span>\u52a0\u5bc6\u8ca8\u5e63\u671f\u8ca8<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Coinbase\u57282017\u5e748\u6708\u6642\uff0c\u5247\u5df2\u7d93\u7372\u6279\u5728\u7f8e\u570b\u53ef\u4ee5\u516c\u958b\u92b7\u552e\u52a0\u5bc6\u8ca8\u5e63\u671f\u8ca8\uff0c\u7576\u65e5\u9019\u5247\u6d88\u606f\u66f4\u8b93Coinbase\u80a1\u50f9\u5927\u6f32\u6f325%\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%90%84%E5%9C%8B%E6%A0%B8%E6%B7%AE%E6%83%85%E5%BD%A2\"><\/span>\u5404\u570b\u6838\u6dee\u60c5\u5f62<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%8A%A0%E6%8B%BF%E5%A4%A7%E5%B7%B2%E6%A0%B8%E6%B7%AE\"><\/span>\u52a0\u62ff\u5927\u5df2\u6838\u6dee<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u76f8\u8f03\u4e4b\u4e0b\uff0c\u52a0\u62ff\u2f24\u5df2\u8a3b\u518a\u4e0a\u5e023\u6a94\u6bd4\u7279\u5e63ETF\u3002\u5176\u4e2d\uff0c2021\u5e742\u6708\u6642\uff0c\u554f\u4e16\u7684\u300cPurpose Bitcoin ETF\u300d\uff0c\u8cc7\u7522\u898f\u6a21\u9054\u523015.1\u5104\u7f8e\u5143\u3002\u53e6\u5169\u6a94\u70ba\u300cThe Evolve Bitcoin ETF\u300d\u548c\u300cCI Galaxy Bitcoin ETF\u300d\uff0c\u5206\u5225\u65bc2\u2f49\u30013\u2f49\u63a8\u51fa\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E7%BE%8E%E5%9C%8B%E5%8F%AA%E5%B7%AE%E4%B8%8A%E5%B8%82%E6%97%A5%E6%9C%9F\"><\/span>\u7f8e\u570b\u53ea\u5dee\u4e0a\u5e02\u65e5\u671f<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u6309\u7522\u696d\u7684\u8da8\u52e2\u548c\u76ee\u524d\u7684\u76e3\u7ba1\u6a5f\u95dc\u7684\u767c\u8a00\uff0c\u7f8e\u570b\u6838\u6dee\u52a0\u5bc6\u5e63ETF\uff0c\u842c\u4e8b\u4ff1\u5099\uff0c\u4e0d\u53ef\u80fd\u4e0d\u6838\u6dee\uff0c\u53ea\u5dee\u4e3b\u7ba1\u6a5f\u6a5f\u7684\u6b63\u5f0f\u5ba3\u4f48\u5f8c\uff0cETF\u767c\u884c\u5546\u5c31\u53ef\u4ee5\u4ee5\u7acb\u5373\u5ba3\u4f48\u5404\u81ea\u7684\u4e0a\u5e02\u65e5\u671f\u4e86\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E7%8D%B2%E5%88%A9%E7%9A%84%E7%9B%B8%E9%97%9C%E4%BC%81%E6%A5%AD\"><\/span>\u7372\u5229\u7684\u76f8\u95dc\u4f01\u696d<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%8A%A0%E5%AF%86%E5%B9%A3%E4%BA%A4%E6%98%93%E5%95%86\"><\/span>\u52a0\u5bc6\u5e63\u4ea4\u6613\u5546<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u5176\u4e2d\u53c8\u4ee5\u5168\u7f8e\u6700\u5927\u7684\u52a0\u5bc6\u5e63\u4ea4\u6613\u5546Coinbase\uff0c\u5168\u4e16\u754c\u6700\u5927\u7684\u52a0\u5bc6\u5e63\u4ea4\u6613\u5546\u5e63\u5b89\uff08Binance\uff09 (\u8acb\u53c3\u8003\u6211\u4e4b\u524d\u7684\u8cbc\u6587\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2023\/12\/28\/coinbase%e5%92%8c%e5%b9%a3%e5%ae%89%e5%a6%82%e4%bd%95%e8%b3%ba%e9%8c%a2%e5%84%aa%e5%8b%a2%e7%9a%84%e6%af%94%e8%bc%83\/\" target=\"_blank\" rel=\"noreferrer noopener\">Coinbase\u548c\u5e63\u5b89\uff08Binance\uff09\u5982\u4f55\u8cfa\u9322\uff1f\u96d9\u65b9\u512a\u52e2\u7684\u6bd4\u8f03<\/a>\u300b)\uff0c\u4ee5\u53ca\u4ea4\u6613\u52a0\u5bc6\u5e63\u7684\u91d1\u878d\u79d1\u6280\u696d\u8005Block\uff08\u7f8e\u80a1\u4ee3\u78bc\uff1aXYZ\uff09\u548c\u8c9d\u5bf6\uff08\u7f8e\u80a1\u4ee3\u78bc\uff1aPYPL\uff09\u70ba\u6700\u5177\u4ee3\u8868\u6027\u3002 \u8b80\u8005\u53ef\u4ee5\u53c3\u898b\u6211\u4e4b\u524d\u6240\u64b0\u5beb\u7684\u4e09\u7bc7\u95dc\u65bc\u9019\u56db\u5bb6\u4f01\u696d\u7684\u8cbc\u6587\u7684\u4ecb\u7d39\uff1a\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2021\/09\/12\/%e6%82%a8%e6%87%89%e8%a9%b2%e8%aa%8d%e8%ad%98square%e9%80%99%e5%ae%b6%e4%bc%81%e6%a5%ad\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u60a8\u61c9\u8a72\u8a8d\u8b58Square\u9019\u5bb6\u4f01\u696d\uff08\u516c\u53f8\u540d\u7a31\u5df2\u6539\u70baBlock\uff09<\/a>\u300b\uff0c\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2021\/07\/06\/%E6%AF%94%E7%89%B9%E5%B9%A3%E7%9A%84%E7%8B%82%E7%86%B1%E6%94%AF%E6%8C%81%E8%80%85%E5%82%91%E5%85%8B%EF%BC%8E%E5%A4%9A%E8%A5%BF\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u6bd4\u7279\u5e63\u7684\u72c2\u71b1\u652f\u6301\u8005\u5091\u514b\uff0e\u591a\u897f<\/a>\u300b\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2021\/07\/16\/%E7%82%BA%E4%BB%80%E9%BA%BC%E7%94%A8paypal%E8%B2%B7%E6%AF%94%E7%89%B9%E5%B9%A3%E4%B8%8D%E6%98%AF%E5%80%8B%E5%A5%BD%E4%B8%BB%E6%84%8F%EF%BC%9F\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u70ba\u4ec0\u9ebc\u7528\u8c9d\u5bf6\uff08PayPal\uff09\u8cb7\u52a0\u5bc6\u8ca8\u5e63\u4e0d\u662f\u500b\u597d\u4e3b\u610f\uff1f<\/a>\u300b\uff0c\u300a\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2023\/12\/28\/coinbase%e5%92%8c%e5%b9%a3%e5%ae%89%e5%a6%82%e4%bd%95%e8%b3%ba%e9%8c%a2%e5%84%aa%e5%8b%a2%e7%9a%84%e6%af%94%e8%bc%83\/\" target=\"_blank\" rel=\"noreferrer noopener\">Coinbase\u548c\u5e63\u5b89\uff08Binance\uff09\u5982\u4f55\u8cfa\u9322\uff1f\u96d9\u65b9\u512a\u52e2\u7684\u6bd4\u8f03<\/a>\u300b\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%8A%A0%E5%AF%86%E5%B9%A3%E6%8E%A1%E7%A4%A6%E5%95%86\"><\/span>\u52a0\u5bc6\u5e63\u63a1\u7926\u5546<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u4ee5&nbsp;Riot Platforms\uff08\u7f8e\u80a1\u4ee3\u78bc\uff1aRIOT\uff09\u548cMarathon Digital\uff08\u7f8e\u80a1\u4ee3\u78bc\uff1aMARA\uff09\u505a\u70ba\u7b87\u4e2d\u7684\u4ee3\u8868\u3002&nbsp;\u6bd4\u7279\u5e632023\u5e74\u4e0a\u6f32150%\uff0c\u4f46Marathon Digital\u548cRiot Platforms\u80a1\u79682023\u5e74\u7684\u8868\u73fe\u660e\u986f\u512a\u65bc\u6bd4\u7279\u5e63\uff0c\u9019\u5169\u6a94\u500b\u80a1\u4eca\u5e74\u6f32\u5e45\u5206\u5225\u8d85\u904e590.85%\u548c359.05%\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"ETF%E7%99%BC%E8%A1%8C%E5%95%86\"><\/span>ETF\u767c\u884c\u5546<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u8c9d\u840a\u5fb7\uff08\u7f8e\u80a1\u4ee3\u78bc\uff1aBLK\uff09\u662f\u5176\u4e2d\u6700\u5177\u4efd\u91cf\u7684\u4ee3\u8868\uff0c\u56e0\u70ba\u5b83\u672c\u8eab\u5c31\u662f\u5168\u4e16\u754c\u6700\u5927\u7684\u6307\u6578ETF\u7684\u767c\u884c\u5546\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%BE%8C%E8%A8%98\"><\/span>\u5f8c\u8a18<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u7f8e\u570b\u8b49\u5238\u4ea4\u6613\u59d4\u54e1\u67032024\u5e741\u670810\u65e5\u5df2\u7d93\u6295\u7968\u6c7a\u5b9a\uff0c\u6279\u51c6\u4e8611\u6a94\u6bd4\u7279\u5e63ETF\u7533\u8acb\uff0c\u7d50\u675f\u4e86\u8207\u9802\u7d1a\u8cc7\u7522\u7ba1\u7406\u516c\u53f8\u9577\u9054\u6578\u500b\u6708\u8ac7\u5224\uff0c\u5176\u4e2d\u5305\u542b\u8c9d\u840a\u5fb7\u6295\u4fe1\uff08BlackRock\uff09\u3001\u65b9\u821f\u8cc7\u672c\uff08Ark\uff09 Investments\/21Shares\u3001\u5bcc\u9054\u6295\u4fe1\uff08Fidelity\uff09\u3001\u666f\u9806\u6295\u4fe1\uff08Invesco\uff09\u548c\u8303\u9054\uff08Van Eck\uff09\u7b49\u91d1\u878d\u5de8\u64d8\u3002\u83ef\u723e\u8857\u5206\u6790\u5e2b\u4f30\u8a08\uff0c\u6bd4\u7279\u5e63ETF\u6d41\u5165\u5c07\u9010\u6f38\u7a4d\u7d2f\uff0c2024\u5e74\u5c07\u8d85\u904e100\u5104\u7f8e\u5143\u4e26\u5728\u660e\u5e74\u5e95\u9054\u5230800\u5104\u7f8e\u5143\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"156\" height=\"90\" src=\"https:\/\/www.granitefirm.com\/blog\/wp-content\/uploads\/2023\/12\/betf-1600x1200-1.jpg\" alt=\"\u52a0\u5bc6\u8ca8\u5e63ETF\" class=\"wp-image-43743\"\/><figcaption class=\"wp-element-caption\">credit: U. Today<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E7%9B%B8%E9%97%9C%E6%96%87%E7%AB%A0\"><\/span>\u76f8\u95dc\u6587\u7ae0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/08\/18\/%E7%BE%85%E8%B3%93%E6%BC%A2%EF%BC%88robinhood%EF%BC%89%E5%A6%82%E4%BD%95%E8%B3%BA%E9%8C%A2%EF%BC%9F\/\">\u7f85\u8cd3\u6f22\uff08Robinhood\uff09\u5982\u4f55\u8cfa\u9322\uff1f<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/11\/24\/%e8%82%a1%e7%a5%a8%e4%bb%a3%e5%b9%a3%e5%8c%96%e6%ad%a3%e5%9c%a8%e9%a1%9b%e8%a6%86%e5%85%a8%e7%90%83%e9%87%91%e8%9e%8d%e5%b8%82%e5%a0%b4\/\">\u80a1\u7968\u4ee3\u5e63\u5316\u6b63\u5728\u985b\u8986\u5168\u7403\u91d1\u878d\u5e02\u5834<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/08\/02\/%e7%a9%a9%e5%ae%9a%e5%b9%a3%e6%ad%a3%e5%bf%ab%e9%80%9f%e8%a2%ab%e8%b3%87%e6%9c%ac%e5%b8%82%e5%a0%b4%e6%8e%a5%e5%8f%97\/\">\u7a69\u5b9a\u5e63(Stablecoin)\u6b63\u5feb\u901f\u88ab\u5e02\u5834\u63a5\u53d7<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/07\/16\/%e6%af%94%e7%89%b9%e5%b9%a3%e5%a3%9f%e6%96%b7%e5%8a%a0%e5%af%86%e8%b2%a8%e5%b9%a3%e5%b8%82%e5%a0%b4%e7%9a%84%e5%8e%9f%e5%9b%a0\/\">\u6bd4\u7279\u5e63\u58df\u65b7\u52a0\u5bc6\u8ca8\u5e63\u5e02\u5834\u7684\u539f\u56e0<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/03\/02\/%e7%be%8e%e5%9c%8b%e7%b5%82%e6%96%bc%e9%96%8b%e6%94%be%e6%af%94%e7%89%b9%e5%b9%a3etf%e7%8f%be%e8%b2%a8%e4%ba%a4%e6%98%93\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u7f8e\u570b\u6838\u6dee\u6bd4\u7279\u5e63ETF\u73fe\u8ca8\u4ea4\u6613\u5f71\u97ff\u6df1\u9060<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/11\/26\/%E4%B8%8D%E5%8B%99%E6%AD%A3%E6%A5%AD%E7%9A%84%E5%BE%AE%E7%AD%96%E7%95%A5Strategy%E6%AF%94%E7%89%B9%E5%B9%A3\/\">\u4e0d\u52d9\u6b63\u696d\u7684\u5fae\u7b56\u7565\uff08Strategy\uff09\u9760\u6bd4\u7279\u5e63\u767c\u5927\u8ca1<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/03\/12\/%E6%AF%94%E7%89%B9%E5%B9%A3%E5%86%8D%E6%94%80%E9%AB%98%E5%B3%B0%E7%9A%84%E5%8E%9F%E5%9B%A0\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u6bd4\u7279\u5e63\u518d\u6500\u9ad8\u5cf0\u7684\u555f\u793a<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/01\/04\/%E5%8A%A0%E5%AF%86%E8%B2%A8%E5%B9%A3etf%E6%8E%A8%E5%8B%95%E7%9B%B8%E9%97%9C%E4%BC%81%E6%A5%AD%E5%A4%A7%E6%BC%B2\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u52a0\u5bc6\u8ca8\u5e63ETF\u63a8\u52d5\u76f8\u95dc\u4f01\u696d\u5927\u6f32<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/07\/14\/%E6%8A%95%E8%B3%87%E5%8A%A0%E5%AF%86%E8%B2%A8%E5%B9%A3%E4%B8%8D%E5%A6%82%E6%8A%95%E8%B3%87%E7%9B%B8%E9%97%9C%E4%BC%81%E6%A5%AD\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u6295\u8cc7\u52a0\u5bc6\u8ca8\u5e63\u4e0d\u5982\u6295\u8cc7\u76f8\u95dc\u4f01\u696d<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/07\/24\/%e5%9c%96%e5%bd%a2%e8%99%95%e7%90%86%e5%99%a8gpu%e4%b8%bb%e8%a6%81%e7%9a%84%e5%bb%a0%e5%95%86%e5%92%8c%e7%94%a8%e9%80%94\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u5716\u5f62\u8655\u7406\u5668\uff08GPU\uff09\u4e3b\u8981\u7684\u5ee0\u5546\u548c\u7528\u9014<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2021\/09\/12\/%e6%82%a8%e6%87%89%e8%a9%b2%e8%aa%8d%e8%ad%98square%e9%80%99%e5%ae%b6%e4%bc%81%e6%a5%ad\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u60a8\u61c9\u8a72\u8a8d\u8b58Square\u9019\u5bb6\u4f01\u696d\uff08\u516c\u53f8\u540d\u7a31\u5df2\u6539\u70baBlock\uff09<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2021\/07\/06\/%E6%AF%94%E7%89%B9%E5%B9%A3%E7%9A%84%E7%8B%82%E7%86%B1%E6%94%AF%E6%8C%81%E8%80%85%E5%82%91%E5%85%8B%EF%BC%8E%E5%A4%9A%E8%A5%BF\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u6bd4\u7279\u5e63\u7684\u72c2\u71b1\u652f\u6301\u8005\u5091\u514b\uff0e\u591a\u897f<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2021\/07\/16\/%E7%82%BA%E4%BB%80%E9%BA%BC%E7%94%A8paypal%E8%B2%B7%E6%AF%94%E7%89%B9%E5%B9%A3%E4%B8%8D%E6%98%AF%E5%80%8B%E5%A5%BD%E4%B8%BB%E6%84%8F%EF%BC%9F\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u70ba\u4ec0\u9ebc\u7528\u8c9d\u5bf6\uff08PayPal\uff09\u8cb7\u52a0\u5bc6\u8ca8\u5e63\u4e0d\u662f\u500b\u597d\u4e3b\u610f\uff1f<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2023\/12\/28\/coinbase%e5%92%8c%e5%b9%a3%e5%ae%89%e5%a6%82%e4%bd%95%e8%b3%ba%e9%8c%a2%e5%84%aa%e5%8b%a2%e7%9a%84%e6%af%94%e8%bc%83\/\" target=\"_blank\" rel=\"noreferrer noopener\">Coinbase\u548c\u5e63\u5b89\uff08Binance\uff09\u5982\u4f55\u8cfa\u9322\uff1f\u96d9\u65b9\u512a\u52e2\u7684\u6bd4\u8f03<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2023\/09\/12\/%e5%85%a8%e7%90%83%e6%9c%80%e5%a4%a7%e7%9a%84%e6%8c%87%e6%95%b8%e5%92%8c%e8%b3%87%e7%94%a2%e7%ae%a1%e7%90%86%e4%bc%81%e6%a5%ad%e8%b2%9d%e8%90%8a%e5%be%b7%e6%98%af%e5%a6%82%e4%bd%95%e8%b3%ba%e9%8c%a2\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u5168\u7403\u6700\u5927\u7684\u6307\u6578\u548c\u8cc7\u7522\u7ba1\u7406\u4f01\u696d\u8c9d\u840a\u5fb7\uff08BlackRock\uff09\u662f\u5982\u4f55\u8cfa\u9322\u7684\uff1f<\/a>\u300b<\/li>\n<\/ul>\n\n\n\n<p id=\"block-b602cc2b-45ae-45c0-a24c-5bec9bc06f95\"><em><strong>\u91cd\u8981\u8072\u660e<\/strong><\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>\u672c\u7ad9\u5167\u5bb9\u70ba\u4f5c\u8005\u500b\u4eba\u610f\u898b\uff0c\u50c5\u4f9b\u53c3\u8003\uff0c\u672c\u4eba\u4e0d\u5c0d\u6587\u7ae0\u5167\u5bb9\u3001\u8cc7\u6599\u4e4b\u6b63\u78ba\u6027\u3001\u770b\u6cd5\u3001\u8207\u5373\u6642\u6027\u8ca0\u4efb\u4f55\u8cac\u4efb\uff0c\u8b80\u8005\u8acb\u52d9\u5fc5\u81ea\u884c\u5224\u65b7\u3002<\/em><\/li>\n\n\n\n<li><em>\u5c0d\u65bc\u8b80\u8005\u76f4\u63a5\u6216\u9593\u63a5\u4f9d\u8cf4\u4e26\u53c3\u8003\u672c\u7ad9\u8cc7\u8a0a\u5f8c\uff0c\u63a1\u53d6\u4efb\u4f55\u6295\u8cc7\u884c\u70ba\u6240\u5c0e\u81f4\u4e4b\u76f4\u63a5\u6216\u9593\u63a5\u640d\u5931\uff0c\u6216\u56e0\u6b64\u7522\u751f\u4e4b\u4e00\u5207\u8cac\u4efb<\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>\u4f46\u76ee\u524d\u7684\u614b\u52e2\u5df2\u7d93\u767c\u5f88\u5927\u7684\u6539\u8b8a\uff0c\u8ca1\u7d93\u754c\u4eba\u58eb\uff0c\u83ef\u723e\u8857\uff0c\u4ee5\u53ca\u591a\u6578\u767c\u884c\u6a5f\u69cb\u672c\u8eab\u5224\u65b7\uff0cSEC\u5f88\u53ef\u80fd\u6703\u57282024\u5e741\u670810\u65e5\u524d\u540c\u6642\u6838\u53ef\u591a\u5bb6\u52a0\u5bc6\u8ca8\u5e63ETF\u639b\u724c\u4e0a\u5e02\u3002<\/p>\n","protected":false},"author":1,"featured_media":43743,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[183,178,359,390,97,3,414],"tags":[1336,1028,362,942,946,941,115,945,1584],"class_list":["post-43688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","category-etf","category-digital-asset","category-regulation","category-sec","category-us-stocks","category-fintech","tag-binance","tag-blk","tag-coin","tag-gbtc","tag-mara","tag-mstr","tag-pypl","tag-riot","tag-xyz"],"_links":{"self":[{"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/posts\/43688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/comments?post=43688"}],"version-history":[{"count":4,"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/posts\/43688\/revisions"}],"predecessor-version":[{"id":75673,"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/posts\/43688\/revisions\/75673"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/media\/43743"}],"wp:attachment":[{"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/media?parent=43688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/categories?post=43688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/tags?post=43688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}