{"id":4891,"date":"2025-11-08T12:55:16","date_gmt":"2025-11-08T04:55:16","guid":{"rendered":"https:\/\/www.dm-yq.com\/?p=4891"},"modified":"2025-11-08T12:55:16","modified_gmt":"2025-11-08T04:55:16","slug":"%e8%b6%b3%e8%b6%b3%e5%bb%b6%e5%ae%95%e4%b8%80%e5%b9%b4%ef%bc%81%e6%ac%a7%e6%b4%b2%e9%a6%96%e6%a1%a3%e6%af%94%e7%89%b9%e5%b8%81etf-%e6%96%99%e6%9c%ac%e6%9c%88%e4%b8%8a%e5%b8%82","status":"publish","type":"post","link":"https:\/\/www.dm-yq.com\/?p=4891","title":{"rendered":"\u8db3\u8db3\u5ef6\u5b95\u4e00\u5e74\uff01\u6b27\u6d32\u9996\u6863\u6bd4\u7279\u5e01ETF \u6599\u672c\u6708\u4e0a\u5e02"},"content":{"rendered":"

\n\t\"\"
\n\t\u6b27\u6d32\u7b2c\u4e00\u6863\u6bd4\u7279\u5e01\u6307\u6570\u80a1\u7968\u578b\u57fa\u91d1\uff08ETF\uff09\u9884\u671f\u5c06\u5728\u672c\u6708\u4e0a\u5e02\uff0c\u8ddd\u79bb\u8fd9\u6863\u57fa\u91d1\u539f\u672c\u89c4\u5212\u4e0a\u5e02\u7684\u65e5\u5b50\uff0c\u5df2\u8db3\u8db3\u5ef6\u5b95\u4e86\u4e00\u5e74\u4e4b\u4e45\u3002<\/p>\n

\n\t\u8d44\u4ea7\u7ba1\u7406\u516c\u53f8Jacobi \u539f\u5148\u5ba3\u5e03\u8fd9\u6863\u6bd4\u7279\u5e01ETF \u5c06\u57282022 \u5e747 \u6708\u4e8e\u963f\u59c6\u65af\u7279\u4e39\u6cdb\u6b27\u4ea4\u6613\u6240\uff08Euronext Amsterdam\uff09\u4e0a\u5e02\u3002\u7136\u800c\uff0c\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u53bb\u5e74\u52a8\u8361\u4e0d\u582a\uff0c\u5148\u662fTerra \u5d29\u76d8\uff0c\u540e\u6765FTX \u53c8\u5ba3\u544a\u5012\u95ed\uff0c\u56e0\u6b64\u4e00\u76f4\u82e6\u4e8e\u627e\u4e0d\u5230\u5408\u9002\u7684\u4e0a\u5e02\u65f6\u673a\uff0c\u6240\u4ee5\u624d\u4f1a\u5ef6\u5b95\u81f3\u4eca\uff0c\u73b0\u5728\u5219\u9884\u8ba1\u8fd9\u6863\u57fa\u91d1\u5c06\u5728\u672c\u6708\u63a8\u51fa\u3002<\/p>\n

\n\t\u8fd9\u5bb6\u8d44\u4ea7\u7ba1\u7406\u516c\u53f8\u8868\u793a\uff1a\u300c\u81ea\u53bb\u5e74\u590f\u5b63\u4ee5\u6765\uff0c\u9700\u6c42\u5df2\u7ecf\u6539\u53d8\u3002\u300d<\/p>\n

\n\t\u5728\u6b27\u6d32\uff0c\u6240\u6709\u6570\u5b57\u8d44\u4ea7\u4ea4\u6613\u6240\u4ea4\u6613\u4ea7\u54c1\uff08ETP\uff09\u90fd\u662f\u4ee5\u6307\u6570\u6295\u8d44\u8bc1\u5238\uff08Exchange Traded Note, ETN\uff09\u7684\u7ed3\u6784\u5b58\u5728\uff0c\u800c\u975e\u6307\u6570\u80a1\u7968\u578b\u57fa\u91d1\uff08ETF\uff09\u3002\u6bcf\u4e2aETF \u7684\u80a1\u7968\u6301\u6709\u4eba\u90fd\u62e5\u6709\u57fa\u91d1\u6807\u7684\u80a1\u7968\u7684\u4e00\u90e8\u5206\uff0c\u81f3\u4e8eETN \u7684\u6295\u8d44\u4eba\u5219\u6301\u6709\u503a\u52a1\u8bc1\u5238\uff0c\u800c\u975e\u6807\u7684\u8d44\u4ea7\u3002<\/p>\n

\n\tJacobi \u5df2\u7ecf\u8868\u660e\uff0c\u8be5\u516c\u53f8\u662f\u63a8\u51fa\u6bd4\u7279\u5e01ETF\uff0c\u800c\u975eETN\u3002Jacobi \u5171\u540c\u521b\u529e\u4eba\u3001\u8425\u8fd0\u957fPeter Lane \u53bb\u5e74\u8868\u793a\uff0c\u7ed3\u6784\u578b\u503a\u5238\uff08Structured Note\uff09\u53d1\u884c\u65b9\u80cc\u8d1f\u7740\u300c\u6ee5\u7528\u300dETF \u4e00\u8bcd\u7684\u7f6a\u540d\u3002<\/p>\n

\n\tPeter Lane \u8868\u793a\uff1a\u300cETN \u53d1\u884c\u65b9\u5bf9\u4e8eETF \u4e00\u8bcd\u6709\u5927\u91cf\u9519\u8bef\u8d44\u8baf\u548c\u6ee5\u7528\uff0c\u63a8\u6d4b\u662f\u8981\u6df7\u6dc6\u8d2d\u4e70\u548c\u6295\u8d44ETN \u5185\u5728\u65e2\u6709\u7684\u98ce\u9669\u3002\u300dJacobi \u8868\u793a\uff0cETF \u548cETN \u4e4b\u95f4\u7684\u5dee\u5f02\u5728\u4e8e\uff0cETF \u4e0d\u80fd\u5229\u7528\u6760\u6746\u6216\u884d\u751f\u54c1\uff0c\u5426\u5219\u53ef\u80fd\u4f1a\u5bfc\u81f4\u300c\u91cd\u5927\u4ea4\u6613\u5bf9\u65b9\u98ce\u9669\u300d\u3002<\/p>\n

\n\tJacobi \u59d4\u4efb\u7684\u5883\u5916\u5f8b\u5e08\u4e8b\u52a1\u6240Carey Olsen \u5408\u4f19\u4ebaDavid Crosland \u8868\u793a\uff0c\u8fd9\u6863\u57fa\u91d1\u5df2\u7ecf\u5728\u63d0\u4f9b\u8bb8\u591a\u4f18\u52bf\u7684\u53f8\u6cd5\u8f96\u533a\u803f\u897f\u5c9b\uff08Guernsey\uff09\u534f\u52a9\u4e00\u6863\u6bd4\u7279\u5e01\u57fa\u91d1\u7684\u63a8\u51fa\u3002David Crosland \u8bf4\uff1a\u300c\u803f\u897f\u5c9b\u7684\u5f39\u6027\u548c\u613f\u610f\u4e86\u89e3\u590d\u6742\u7ec6\u8282\uff0c\u8ba9\u53d1\u8d77\u4eba\u80fd\u591f\u63a8\u51fa\u4e00\u79cd\u57fa\u91d1\u5de5\u5177\uff0c\u5728\u5176\u4ed6\u6b27\u6d32\u53f8\u6cd5\u8f96\u533a\u65e0\u6cd5\u505a\u5230\u65f6\uff0c\u53d7\u60e0\u4e8e\u53d7\u76d1\u7ba1\u57fa\u91d1\u7684\u5730\u4f4d\u3002\u300d<\/p>\n

\n\tETF \u4e0e\u6570\u5b57\u8d44\u4ea7\u987e\u95ee\u516c\u53f8Blackwater Search and Advisory \u521b\u529e\u5408\u4f19\u4ebaMichael O'Riordan \u8868\u793a\uff0c\u5728\u6b27\u6d32\u63a8\u51fa\u6bd4\u7279\u5e01ETF \u7684\u76d1\u7ba1\u6311\u6218\u300c\u975e\u5e38\u5927\u300d\uff0c\u56e0\u4e3a\u6839\u636e\u6b27\u76df\u300a\u53ef\u8f6c\u8ba9\u8bc1\u5238\u96c6\u4f53\u6295\u8d44\u627f\u8bfa\u300b\u7684\u89c4\u5b9a\uff0c\u6bd4\u7279\u5e01\u4e0d\u88ab\u89c6\u4e3a\u5408\u683c\u8d44\u4ea7\u3002<\/p>\n

\n\t\u4ed6\u8bf4:\u300c\u5b9e\u9645\u4e0a\uff0c\u9664\u4e86\u4e00\u4e9b\u7ed3\u6784\u4e0a\u7684\u4e0d\u540c\uff0cETF \u548cETP \u662f\u5f88\u76f8\u4f3c\u7684\u3002\u7136\u800c\uff0c\u505a\u4e3a\u4e00\u4e2a\u4ea7\u4e1a\uff0c\u6211\u4eec\u5728\u533a\u5206\u4e24\u8005\u65b9\u9762\u505a\u5f97\u4e0d\u591f\u597d\uff0c\u8fd9\u5e38\u5e38\u4f1a\u5728\u5e02\u573a\u4e0a\u9020\u6210\u5f88\u5927\u7684\u6df7\u6dc6\u3002\u300d<\/p>\n

\n\t\u6839\u636eCoinbase \u548c\u5f6d\u535a\u793e\u7684\u6570\u636e\uff0c\u8fc7\u53bb18 \u4e2a\u6708\uff0c\u6d41\u5165\u6b27\u6d32\u6570\u5b57\u8d44\u4ea7ETP \u7684\u51c0\u6d41\u91cf\u8fbe4.83 \u4ebf\u7f8e\u5143\uff0c\u5176\u4e2d\u5149\u662f2022 \u5e74\u7b2c3 \u5b63\u7684\u8d44\u91d1\u6d41\u5165\u5c31\u8fbe3.98 \u4ebf\u7f8e\u5143\u3002<\/p>\n

\n\t\u6839\u636eIgnites Europe \u5bf9\u57fa\u91d1\u6570\u636e\u4e1a\u8005\u6668\u661f\u7684\u6570\u636e\u8fdb\u884c\u7684\u5206\u6790\uff0c\u6b27\u6d32\u6570\u5b57\u8d44\u4ea7ETP \u7684\u8d44\u4ea7\u89c4\u6a21\u8fbe\u523043 \u4ebf\u6b27\u5143\uff0c\u57282021 \u5e74\u5e95\u66fe\u7ecf\u8fbe\u5230105 \u4ebf\u6b27\u5143\u7684\u9ad8\u5cf0\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

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