{"id":4866,"date":"2025-11-02T06:55:16","date_gmt":"2025-11-01T22:55:16","guid":{"rendered":"https:\/\/www.dm-yq.com\/?p=4866"},"modified":"2025-11-02T06:55:16","modified_gmt":"2025-11-01T22:55:16","slug":"%e7%be%8e%e5%9b%bd%e9%a6%96%e6%a1%a3%e6%af%94%e7%89%b9%e5%b8%81%e6%9d%a0%e6%9d%86%e6%9c%9f%e8%b4%a7etf%e4%ba%ae%e7%9b%b8%ef%bc%8c%e5%85%b6%e8%a1%a8%e7%8e%b0%e5%a6%82%e4%bd%95%ef%bc%9f","status":"publish","type":"post","link":"https:\/\/www.dm-yq.com\/?p=4866","title":{"rendered":"\u7f8e\u56fd\u9996\u6863\u6bd4\u7279\u5e01\u6760\u6746\u671f\u8d27ETF\u4eae\u76f8\uff0c\u5176\u8868\u73b0\u5982\u4f55\uff1f"},"content":{"rendered":"

\n\tETF \u53d1\u884c\u5546Volatility Shares \u63a8\u51fa\u76842x\u6bd4\u7279\u5e01\u7b56\u7565ETF\u5728\u7f8e\u56fd\u5f53\u5730\u65f6\u95f427 \u65e5\u4f4e\u8c03\u5f00\u76d8\u3002\u6839\u636eFactSet \u7684\u6570\u636e\uff0c\u8be5ETF \u5f00\u76d8\u7b2c\u4e00\u5929\u7684\u4ea4\u6613\u91cf\u7ea6\u4e3a550 \u4e07\u7f8e\u5143\uff0c\u9ad8\u4e8e\u5e73\u5747\u6c34\u5e73\uff0c\u4f46\u4e0e2021 \u5e74\u63a8\u51fa\u7684\u5177\u6709\u91cc\u7a0b\u7891\u610f\u4e49\u7684\u6bd4\u7279\u5e01\u671f\u8d27ETF \u76f8\u6bd4\u4ecd\u6709\u5dee\u8ddd\u3002<\/p>\n

\n\t\"\"<\/p>\n

\n\t\u7f8e\u56fd\u9996\u652f\u6760\u6746\u6bd4\u7279\u5e01\u7b56\u7565ETF \u9996\u65e5\u4ea4\u6613\u8868\u73b0<\/h2>\n

\n\t\u5f53\u5730\u65f6\u95f46 \u670827 \u65e5\uff0c\u7531Volatility Shares \u63a8\u51fa\u76842x \u6bd4\u7279\u5e01\u7b56\u7565ETF (BITX) \u5f00\u59cb\u5728\u829d\u52a0\u54e5\u671f\u6743\u4ea4\u6613\u6240\uff08CBOE BZX\uff09\u5f00\u653e\u4ea4\u6613\u3002<\/p>\n

\n\t\u6839\u636e\u5f6d\u535a\u793e\u7684\u6570\u636e\uff0cBITX\u4e0a\u7ebf15 \u5206\u949f\u5185\u4ea4\u6613\u91cf\u7ea650 \u4e07\u7f8e\u5143, \u9996\u65e5\u6210\u4ea4\u91cf\u7ea6\u4e3a550\u4e07\u7f8e\u5143\uff0c\u4f7f\u5176\u6210\u4e3a\u4eca\u5e74\u63a8\u51fa\u7684ETF \u4e2d\u9996\u65e5\u4ea4\u6613\u91cf\u6700\u5927\u7684\u4ea7\u54c1\u4e4b\u4e00\u3002<\/p>\n

\n\t\"\"<\/p>\n

\n\t\u6570\u636e\u663e\u793a\uff0c\u5c31\u9996\u65e5\u4ea4\u6613\u91cf\u800c\u8a00\uff0cBITX \u6b64\u6b21\u53d1\u884c\u57282023 \u5e74\u8fc4\u4eca\u4e3a\u6b62\u63a8\u51fa\u7684195 \u53eaETF \u4e2d\u6392\u540d\u7b2c30 \u4f4d\u3002iShares Climate Conscious & Transition MSCI USA ETF (USCL) \u548cXtrackers MSCI USA Climate Action Equity ETF (USCA) \u5728\u4eca\u5e74\u8868\u73b0\u6700\u4f73\uff0c\u5f00\u76d8\u65e5\u4ea4\u6613\u91cf\u5747\u8d85\u8fc720 \u4ebf\u7f8e\u5143\u3002\u4f46\u503c\u5f97\u6ce8\u610f\u7684\u662f\uff0c\u4eca\u5e74\u6ca1\u6709ETF \u80fd\u591f\u8fbe\u52301 \u4ebf\u7f8e\u5143\u7684\u89c4\u6a21\u3002<\/p>\n

\n\t\u6b64\u5916\uff0c\u5c3d\u7ba1Bitx \u7684\u6392\u540d\u76f8\u5bf9\u8f83\u9ad8\uff0c\u4f46\u5176\u521d\u59cb\u4ea4\u6613\u91cf\u7ea6\u4e3a2021 \u5e7410 \u6708\u4e0a\u5e02\u7684\u7b2c\u4e00\u652f\u6301\u6709\u6bd4\u7279\u5e01\u671f\u8d27\u5408\u7ea6\u7684\u7f8e\u56fdETF——ProShares \u6bd4\u7279\u5e01\u7b56\u7565ETF (BITO) \u76840.5% \u5de6\u53f3\u3002BITO \u63a8\u51fa\u4ec5\u51e0\u4e2a\u5c0f\u65f6\uff0c\u4ea4\u6613\u91cf\u5c31\u8d85\u8fc7\u4e8610 \u4ebf\u7f8e\u5143\uff0c\u800c\u63a5\u4e0b\u6765\u51e0\u5929\u63a8\u51fa\u7684\u7c7b\u4f3c\u4ea7\u54c1\u5e76\u6ca1\u6709\u5f15\u8d77\u592a\u5927\u5174\u8da3\u3002<\/p>\n

\n\t\u7136\u800c\uff0c\u4e0e\u4eca\u5e74\u63a8\u51fa\u7684\u53e6\u4e00\u652f\u6bd4\u7279\u5e01\u671f\u8d27\u57fa\u91d1\u76f8\u6bd4\uff0cBITX \u7684\u9996\u65e5\u4ea4\u6613\u91cf\u76f8\u5f53\u4e0d\u9519\u3002\u636eFactSet \u79f0\uff0cBitwise \u6bd4\u7279\u5e01\u7b56\u7565\u6700\u4f18\u6eda\u52a8ETF (BITC) \u57283 \u670821 \u65e5\u63a8\u51fa\u671f\u95f4\u7684\u4ef7\u503c\u4ec5\u4e3a36,000 \u7f8e\u5143\u3002<\/p>\n

\n\tBITX \u7684\u63a8\u51fa\u610f\u5473\u7740\u4ec0\u4e48\uff1f<\/h2>\n

\n\t\u7f8e\u56fd\u9996\u6863\u6760\u6746\u6bd4\u7279\u5e01\u671f\u8d27ETF\u4e0a\u5e02\u4e4b\u9645\uff0c\u5404\u884c\u4e1a\u89c2\u5bdf\u4eba\u58eb\u90fd\u5bf9\u73b0\u8d27\u6bd4\u7279\u5e01ETF\u8868\u793a\u4e86\u8d8a\u6765\u8d8a\u4e50\u89c2\u7684\u60c5\u7eea\u3002\u4e14\u4e0e\u6b64\u540c\u65f6\uff0cBITX \u4ee3\u8868\u4e86ETF \u9886\u57df\u53e6\u4e00\u4e2a\u4e0e\u52a0\u5bc6\u8d27\u5e01\u76f8\u5173\u7684\u91cc\u7a0b\u7891\u3002<\/p>\n

\n\t1\u3001\u6bd4\u7279\u5e01\u6760\u6746\u671f\u8d27ETF\u7684\u63a8\u51fa\u6216\u4ee3\u8868SEC\u6001\u5ea6\u7684\u8f6c\u53d8<\/p>\n

\n\t\u7531\u4e8eBITX\u7684\u63a8\u51fa\u6b63\u503c\u8d1d\u83b1\u5fb7(BlackRock)\u5411SEC\u9012\u4ea4\u73b0\u8d27\u6bd4\u7279\u5e01ETF\u4e4b\u9645\uff0c\u8003\u8651\u5230\u8be5\u8d44\u4ea7\u7ba1\u7406\u516c\u53f8\u7684\u5730\u4f4d\u548c\u8fd1\u4e4e\u5b8c\u7f8e\u7684\u6279\u51c6\u5386\u53f2\uff0c\u4e00\u4e9b\u5e02\u573a\u89c2\u5bdf\u4eba\u58eb\u8ba4\u4e3a\uff0c\u8fd9\u53ef\u80fd\u662f\u6b64\u7c7b\u4ea7\u54c1\u83b7\u5f97\u76d1\u7ba1\u673a\u6784\u6279\u51c6\u7684\u4e00\u4e2a\u6f5c\u5728\u597d\u5146\u5934\u3002<\/p>\n

\n\t\u5f6d\u535a\u8d44\u8bafETF \u5206\u6790\u5e08James Seyffart \u548cEric Balchunas\u5728\u63a8\u6587\u4e2d\u8868\u793a\uff0c\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a\u613f\u610f\u5141\u8bb8\u6760\u6746\u6bd4\u7279\u5e01\u671f\u8d27ETF \u53ef\u80fd\u9884\u793a\u7740\u6bd4\u7279\u5e01\u4ea7\u54c1\u300c\u770b\u5230\u4e86\u5e0c\u671b\u300d\u3002<\/p>\n

\n\t\"\"<\/p>\n

\n\t\u5728\u63a8\u6587\u4e2d\uff0cBalchunas\u8fd8\u63a8\u6d4b\uff0c\u8be5\u6279\u51c6\u53ef\u80fd\u662f\u300c\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a\u653e\u677e\u8b66\u60d5\u7684\u65e9\u671f\u8ff9\u8c61\u300d\uff0c\u6216\u8bb8\u662f\u4e3a\u4e86\u8003\u8651\u672a\u6765\u5176\u4ed6\u7c7b\u578b\u7684\u6bd4\u7279\u5e01ETF \u7684\u60f3\u6cd5\u3002<\/p>\n

\n\t\u5c3d\u7ba1\u5982\u6b64\uff0c\u4e00\u4e9b\u673a\u6784\u6295\u8d44\u8005\u5df2\u7ecf\u64a4\u56de\u4e86\u7533\u8bf7\u3002Direxion \u548cProShares \u5206\u522b\u4e8e6 \u67081 \u65e5\u548c7 \u65e5\u64a4\u56de\u4e862 \u500d\u6bd4\u7279\u5e01\u671f\u8d27\u7533\u8bf7\u30022021\u5e7410\u6708\uff0cValkyrie \u7684\u6760\u6746\u5f0fBTC \u671f\u8d27ETF\u5728\u63d0\u4ea4\u4e09\u5929\u540e\u88abSEC\u8981\u6c42\u64a4\u56de\u3002<\/p>\n

\n\tCoinShares \u7814\u7a76\u4e3b\u7ba1James Butterfill \u5206\u6790\u79f0\uff0cCME \u5bf9\u6bd4\u7279\u5e01\u671f\u8d27\u5408\u7ea6\u7684\u76d1\u7763\u662fVolatility Shares \u63d0\u6848\u83b7\u5f97\u6279\u51c6\u7684\u300c\u5173\u952e\u539f\u56e0\u300d\u3002SEC\u5bf9\u6279\u51c6\u73b0\u8d27\u6bd4\u7279\u5e01ETF \u7684\u4e3b\u8981\u72b9\u8c6b\u4e0e\u73b0\u8d27\u4ea4\u6613\u6240\u662f\u5426\u53d7\u5230\u9002\u5f53\u7684\u76d1\u7ba1\u6709\u5173\u3002<\/p>\n

\n\tJames Butterfill \u8868\u793a\uff0c\u300c\u5982\u679c\u8d1d\u83b1\u5fb7\u80fd\u591f\u6ee1\u8db3\u5bf9\u73b0\u8d27\u4ea4\u6613\u6240\u8fdb\u884c\u5145\u5206\u76d1\u7ba1\u7684\u76d1\u7ba1\u8981\u6c42\uff0c\u90a3\u4e48\u73b0\u8d27ETF \u5f88\u53ef\u80fd\u4f1a\u83b7\u5f97\u6279\u51c6\u3002\u300d<\/p>\n

\n\tVettaFi \u7814\u7a76\u4e3b\u7ba1Todd Rosenbluth\u4e5f\u8868\u793a\uff0c\u300c\u6bd4\u7279\u5e01\u4eca\u5e74\u5927\u5e45\u590d\u82cf\uff0c\u91cd\u65b0\u6fc0\u53d1\u4e86\u6295\u8d44\u8005\u7684\u5174\u8da3\u3002\u867d\u7136\u73b0\u5728\u4ec5\u6709\u57fa\u4e8e\u671f\u8d27\u7684ETF\uff0c\u4f46\u4e00\u4e9b\u6295\u8d44\u8005\u53ef\u80fd\u613f\u610f\u627f\u62c5\u989d\u5916\u7684\u98ce\u9669\uff0c\u4ee5\u83b7\u5f97\u66f4\u9ad8\u7684\u56de\u62a5\u3002\u300d<\/p>\n

\n\t2\u3001\u5bf9\u6bd4\u7279\u5e01\u6760\u6746ETF\u7684\u62c5\u5fe7<\/p>\n

\n\t\u5e02\u573a\u4e0a\u5927\u591a\u6570\u6bd4\u7279\u5e01\u652f\u6301\u8005\u5bf9BITX\u7684\u63a8\u51fa\u8868\u793a\u6b22\u8fce\uff0c\u4f46\u4e5f\u6709\u4e00\u4e9b\u53cd\u5bf9\u7684\u58f0\u97f3\u3002\u90e8\u5206\u884c\u4e1a\u4eba\u58eb\u8ba4\u4e3a\uff0c\u4ece\u6295\u8d44\u8005\u4fdd\u62a4\u7684\u89d2\u5ea6\u6765\u770b\uff0c\u5728\u7b80\u5355\u7684\u73b0\u8d27ETF \u4e4b\u524d\u6279\u51c6\u6760\u6746\u671f\u8d27ETF \u6beb\u65e0\u610f\u4e49\u3002<\/p>\n

\n\t\u6760\u6746\u57fa\u91d1\u4f7f\u7528\u503a\u52a1\u6216\u91d1\u878d\u884d\u751f\u54c1\uff08\u5728BITX\u4e2d\u4e3a\u6bd4\u7279\u5e01\u671f\u8d27\uff09\u4f5c\u4e3a\u6760\u6746\u6765\u653e\u5927\u57fa\u51c6\u6307\u6570\u7684\u56de\u62a5\u3002\u8fd9\u79cd\u6760\u6746\u53ef\u80fd\u610f\u5473\u7740\u6295\u8d44\u8005\u7684\u77ed\u671f\u6536\u76ca\uff0c\u4f46\u4e5f\u53ef\u80fd\u5bfc\u81f4\u5de8\u989d\u635f\u5931\u3002\u7531\u4e8e\u5176\u9ad8\u98ce\u9669\u3001\u9ad8\u6210\u672c\u7684\u6027\u8d28\uff0c\u6760\u6746ETF\u5f88\u5c11\u88ab\u7528\u4f5c\u957f\u671f\u6295\u8d44\u3002<\/p>\n

\n\t\u6bd4\u7279\u5e012x\u6760\u6746\u671f\u8d27\u4ecb\u7ecd<\/h2>\n

\n\t2x \u6bd4\u7279\u5e01\u7b56\u7565ETF \u662fVolatility Shares\u63a8\u51fa\u7684\u4e00\u79cd\u6bd4\u7279\u5e01\u4fe1\u6258\uff0c\u80a1\u7968\u4ea4\u6613\u4ee3\u7801\u4e3aBITX\uff0c \u4e3b\u8981\u662f\u5728CBOE BZX \u4ea4\u6613\u6240\u8fdb\u884c\u4ea4\u6613\u3002\u8be5\u57fa\u91d1\u65e8\u5728\u901a\u8fc7\u5c06\u5176\u8d44\u4ea7\u6295\u8d44\u4e8e\u4ee5\u73b0\u91d1\u7ed3\u7b97\u7684\u6bd4\u7279\u5e01\u671f\u8d27\u5408\u7ea6\u6765\u5b9e\u73b0\u5176\u6295\u8d44\u8d44\u76ee\u6807\uff0c\u5e76\u5c06\u5bfb\u6c42\u6bcf\u5929\u5c06\u6807\u666eCME\u6bd4\u7279\u5e01\u671f\u8d27\u65e5\u6eda\u52a8\u6307\u6570\u7684\u8868\u73b0\u63d0\u9ad8\u4e00\u500d\u3002<\/p>\n

\n\t\u5177\u4f53\u6765\u8bf4\uff0c\u8be5\u57fa\u91d1\u4f1a\u4e3b\u52a8\u5bfb\u6c42\u6263\u9664\u8d39\u7528\u548c\u5f00\u652f\u4e4b\u524d\u7684\u6bcf\u65e5\u6295\u8d44\u7ed3\u679c\uff0c\u76f8\u5f53\u4e8eS&P CME \u6bd4\u7279\u5e01\u671f\u8d27\u6bcf\u65e5\u6eda\u52a8\u6307\u6570\u7684\u5355\u65e5\u56de\u62a5\u7684\u4e24\u500d(2x) \u3002\u4f46\u662f\u98ce\u9669\u4e0e\u6536\u76ca\u5e76\u5b58\uff0c\u5728\u6307\u6570\u6ce2\u52a8\u8f83\u5927\u671f\u95f4\uff0c\u6307\u6570\u6ce2\u52a8\u5bf9\u57fa\u91d1\u56de\u62a5\u7684\u5f71\u54cd\u53ef\u80fd\u4f1a\u4e0e\u6307\u6570\u56de\u62a5\u4e00\u6837\u5927\u6216\u66f4\u5927\u3002<\/p>\n

\n\t\u9700\u8981\u6307\u51fa\u7684\u662f\uff0c\u8be5\u57fa\u91d1\u4e0d\u76f4\u63a5\u6295\u8d44\u6bd4\u7279\u5e01\u3002\u76f8\u53cd\uff0c\u800c\u662f\u5bfb\u6c42\u4ece\u6bd4\u7279\u5e01\u671f\u8d27\u5408\u7ea6\u5355\u65e5\u4ef7\u683c\u4e0a\u6da8\u4e2d\u5bfb\u6c42\u6536\u76ca\u3002<\/p>\n

\n\t\u76ee\u524d\uff0c\u8be5\u57fa\u91d1\u7684\u4e3b\u8981\u8d39\u7528\u7387\u4e3a1.85%\u3002\u5728\u5341\u5927\u6301\u6709\u4ed3\u4f4d\u4e2d\uff0c\u5b98\u65b9\u4ec5\u62ab\u9732\u4e86\u5176\u4e2d\u4e09\u4e2a\uff0c\u5206\u522b\u4e3aCME Bitcoin Fut Jun23\u3001CME Bitcoin Fut Jul23\u3001Cash & Other\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

ETF \u53d1\u884c\u5546Volatility Shares \u63a8\u51fa\u76842x\u6bd4\u7279\u5e01\u7b56\u7565ETF\u5728\u7f8e\u56fd\u5f53\u5730\u65f6\u95f427 \u65e5\u4f4e\u8c03\u5f00\u76d8\u3002\u6839…<\/p>\n","protected":false},"author":1,"featured_media":5985,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-4866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/www.dm-yq.com\/index.php?rest_route=\/wp\/v2\/posts\/4866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dm-yq.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dm-yq.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dm-yq.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dm-yq.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4866"}],"version-history":[{"count":1,"href":"https:\/\/www.dm-yq.com\/index.php?rest_route=\/wp\/v2\/posts\/4866\/revisions"}],"predecessor-version":[{"id":8470,"href":"https:\/\/www.dm-yq.com\/index.php?rest_route=\/wp\/v2\/posts\/4866\/revisions\/8470"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dm-yq.com\/index.php?rest_route=\/wp\/v2\/media\/5985"}],"wp:attachment":[{"href":"https:\/\/www.dm-yq.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dm-yq.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dm-yq.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}