{"id":55,"date":"2026-01-12T13:01:30","date_gmt":"2026-01-12T05:01:30","guid":{"rendered":"http:\/\/okx.biquan123.com\/blog\/?p=55"},"modified":"2026-01-12T14:07:24","modified_gmt":"2026-01-12T06:07:24","slug":"%e6%9c%ba%e6%9e%84%e4%bc%98%e5%85%88-10","status":"publish","type":"post","link":"http:\/\/okx.biquan123.com\/blog\/?p=55","title":{"rendered":"\u673a\u6784\u4f18\u5148 | #10"},"content":{"rendered":"

\u6211\u4eec\u6bcf\u4e24\u5468\u53d1\u5e03\u4e00\u6b21\u5bf9\u673a\u6784\u9886\u57df\u6295\u8d44\u8005\u81f3\u5173\u91cd\u8981\u7684\u5e02\u573a\u6d1e\u5bdf\uff0c\u8ba9\u60a8\u968f\u65f6\u638c\u63e1\u884c\u4e1a\u6700\u65b0\u52a8\u6001\u3002<\/span><\/i><\/p>\n

\u5728\u672c\u5468\u7684\u6587\u7ae0\u4e2d\uff0cOKX \u673a\u6784\u7814\u7a76\u4e3b\u7ba1\u3001\u7279\u8bb8\u91d1\u878d\u5206\u6790\u5e08 Kelvin Lam \u5206\u4eab\u4e86\u4ed6\u5bf9 2024 \u5e74\u673a\u6784\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u7684\u4e09\u4e2a\u9884\u6d4b\u3002\u9664\u4e86\u63ed\u793a\u8fd9\u4e9b\u9884\u6d4b\u4e4b\u5916\uff0c\u4ed6\u8fd8\u5c06\u89e3\u91ca\u4e3a\u4ec0\u4e48\u8fd9\u4e9b\u8d8b\u52bf\u5bf9\u4e8e\u76ee\u524d\u5728\u52a0\u5bc6\u8d27\u5e01\u9886\u57df\u5e03\u5c40\u7684\u673a\u6784\u5177\u6709\u91cd\u8981\u610f\u4e49\u3002<\/span><\/i><\/p>\n

\u6df1\u5165\u673a\u6784\u4ea4\u6613<\/span><\/span><\/a><\/div>\n

2024 \u5e74\u673a\u6784\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u7684 3 \u4e2a\u9884\u6d4b<\/span><\/h2>\n

\u968f\u7740\u6211\u4eec\u5373\u5c06\u8fc8\u51652024\u5e74\uff0c\u8d8a\u6765\u8d8a\u660e\u663e\u7684\u662f\uff0c\u4eca\u5e74\u5c06\u6210\u4e3a\u5168\u7403\u673a\u6784\u91c7\u7528\u548c\u53c2\u4e0e\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u7684\u5173\u952e\u65f6\u523b\u3002\u5c3d\u7ba1\u5404\u5927\u5a92\u4f53\u7684\u5934\u6761\u65b0\u95fb\u90fd\u805a\u7126\u4e8e\u73b0\u8d27<\/span>\u6bd4\u7279\u5e01ETF<\/span><\/a>\u3001\u5373\u5c06\u5230\u6765\u7684\u6bd4\u7279\u5e01\u51cf\u534a\u4ee5\u53ca\u7f8e\u8054\u50a8\u53ef\u80fd\u964d\u606f\u7b49\u5e02\u573a\u4e8b\u4ef6\uff0c\u4f46\u8fd8\u6709\u4e00\u4e9b\u6f5c\u5728\u7684\u53d1\u5c55\u503c\u5f97\u6211\u4eec\u5173\u6ce8\u3002<\/span><\/p>\n

\u901a\u8fc7\u4e0e\u884c\u4e1a\u4e13\u5bb6\u548c\u53c2\u4e0e\u8005\u7684\u5e7f\u6cdb\u4e92\u52a8\uff0c\u6211\u4eec\u786e\u5b9a\u4e86\u4e09\u4e2a\u5173\u952e\u9884\u6d4b\uff0c\u8fd9\u4e9b\u9884\u6d4b\u5c06\u5728 2024 \u5e74\u5851\u9020\u673a\u6784\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u3002\u5728\u672c\u671f Top of Mind \u4e2d\uff0c\u6211\u4eec\u91cd\u70b9\u4ecb\u7ecd\u4e86\u4e09\u4e2a\u9884\u6d4b\uff0c\u5e76\u63a2\u8ba8\u4e86\u5b83\u4eec\u5bf9\u4e8e\u5df2\u7ecf\u6d3b\u8dc3\u4e8e\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u6216\u6b63\u5728\u8003\u8651\u6218\u7565\u8f6c\u5411\u8fd9\u4e00\u52a8\u6001\u9886\u57df\u7684\u673a\u6784\u7684\u91cd\u8981\u6027\u3002<\/span><\/p>\n

1. \u591a\u6837\u5316\u5de5\u5177\u548c\u5e73\u53f0\u63a8\u52a8\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u91cf\u518d\u521b\u65b0\u9ad8<\/span><\/h2>\n

\u6839\u636e\u884c\u4e1a\u4e13\u5bb6\u548c\u8d44\u4ea7\u7ba1\u7406\u516c\u53f8\u7684\u5404\u79cd\u9884\u6d4b\uff0c\u6bd4\u7279\u5e01\u73b0\u8d27ETF\u9884\u8ba1\u5c06\u5438\u5f15\u6570\u5341\u4ebf\u7f8e\u5143\u7684\u8d44\u91d1\u6d41\u5165\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\uff08\u89c1\u4e0b\u8868\u4e2d\u7684\u7efc\u5408\u4f30\u503c\uff09\u3002\u4e3a\u4e86\u66f4\u597d\u5730\u7406\u89e3\u6f5c\u5728\u6d41\u5165\u89c4\u6a21\uff0c\u6839\u636eGlassnode*\u7684\u6570\u636e\uff0c\u622a\u81f32023\u5e7412\u670831\u65e5\uff0c\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u6240\u7684\u6bd4\u7279\u5e01\u603b\u4f59\u989d\u4e3a990\u4ebf\u7f8e\u5143\uff1b\u6839\u636eCoinshares**\u7684\u6570\u636e\uff0c2023\u5e74\u5168\u5e74\u6bd4\u7279\u5e01\u6295\u8d44\u4ea7\u54c1\u6d41\u5165\u91cf\u4e3a19.3\u4ebf\u7f8e\u5143\u3002\u8fd9\u5145\u5206\u8bf4\u660e\u4e86\u4e0e\u52a0\u5bc6\u8d27\u5e01\u539f\u751f\u4ea4\u6613\u573a\u6240\uff08\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u6240\uff09\u548c\u73b0\u6709\u7684TradFi\u6570\u5b57\u8d44\u4ea7\u4ea7\u54c1\u76f8\u6bd4\uff0c\u6bd4\u7279\u5e01\u73b0\u8d27ETF\u7684\u6f5c\u5728\u8d44\u91d1\u6d41\u5165\uff08\u5373\u4e00\u5e74150\u4ebf\u7f8e\u5143\uff09\u662f\u591a\u4e48\u5de8\u5927\u3002<\/span><\/p>\n

\u867d\u7136\u5bf9\u6bd4\u7279\u5e01\u4ef7\u683c\u7684\u5f71\u54cd\u5c1a\u4e0d\u786e\u5b9a\uff0c\u4f46\u8fd9\u79cd\u65b0\u578b\u91d1\u878d\u4ea7\u54c1\u4e3a\u673a\u6784\u548c\u666e\u901a\u516c\u4f17\u63d0\u4f9b\u4e86\u4fbf\u6377\u7684\u6bd4\u7279\u5e01\u4ef7\u683c\u4ea4\u6613\u6e20\u9053\u3002\u8fd9\u5e94\u8be5\u4f1a\u63d0\u5347\u52a0\u5bc6\u8d27\u5e01\u4ea7\u54c1\u7684\u4ea4\u6613\u91cf\uff0c\u5e76\u589e\u52a0\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u8005\u7684\u6570\u91cf\u3002\u6b64\u5916\uff0c\u7531\u4e8eETF\u53d1\u884c\u4eba\u9700\u8981\u4e70\u5165\uff08\u6216\u5356\u51fa\uff09\u6807\u7684\u8d44\u4ea7\uff0c\u5176\u6807\u7684ETF\u7684\u73b0\u91d1\u589e\u53d1\u548c\u8d4e\u56de\u673a\u5236\u9884\u8ba1\u5c06\u8fdb\u4e00\u6b65\u63d0\u5347\u73b0\u8d27\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u6240\u7684\u4ea4\u6613\u91cf\u3002<\/span><\/p>\n

*\u6765\u6e90\uff1a<\/span><\/i>Glassnode<\/span><\/i><\/a><\/p>\n

**\u6765\u6e90\uff1a<\/span><\/i>Coinshares<\/span><\/i><\/a><\/p>\n

\n
\n\n\n\n\n\n\n\n\n
\u4f30\u8ba1<\/span><\/b>\uff08\u6309\u5b57\u6bcd\u987a\u5e8f\uff09<\/span><\/th>\n\u5927\u4f53\u65f6\u95f4<\/span><\/b><\/th>\n\u6f5c\u5728\u6d41\u5165\uff08\u7f8e\u5143\uff09<\/span><\/b><\/th>\n\u5173\u952e\u5047\u8bbe<\/span><\/b><\/th>\n<\/tr>\n
\u8054\u535a<\/span><\/a><\/td>\n1\u5e74<\/span><\/td>\n150\u4ebf\u7f8e\u5143<\/span><\/td>\n\u57fa\u4e8e\u4e0d\u65ad\u589e\u52a0\u7684\u673a\u6784\u6d41\u52a8\u6027\u6d41\u5165\u7684\u4e13\u6709\u4f30\u8ba1<\/span><\/td>\n<\/tr>\n
\u6309\u4f4d<\/span><\/a><\/td>\n5\u5e74<\/span><\/td>\n550\u4ebf\u7f8e\u5143<\/span><\/td>\n\u6839\u636e\u6d41\u5165\u5176\u4ed6\u5e02\u573a\u4e0a\u5e02\u7684\u6bd4\u7279\u5e01 ETF \u7684\u8d44\u91d1\u60c5\u51b5\u3002<\/span><\/td>\n<\/tr>\n
\u94f6\u6cb3\u6570\u7801<\/span><\/a><\/td>\n1\u5e74<\/span><\/td>\n144\u4ebf\u7f8e\u5143<\/span><\/td>\n\u6bcf\u4e2a\u8d22\u5bcc\u6e20\u9053\u5360\u603b\u53ef\u7528\u8d44\u4ea7\u7684 10%\uff0c\u5e73\u5747\u5206\u914d 1%<\/span><\/td>\n<\/tr>\n
\u77e9\u9635\u7aef\u53e3<\/span><\/a><\/td>\n\u672a\u6307\u5b9a<\/span><\/td>\n240-500\u4ebf\u7f8e\u5143<\/span><\/td>\n\u8d35\u91d1\u5c5eETF\u5e02\u503c\u768420%\u548cRIA\u76841%\u5206\u914d<\/span><\/td>\n<\/tr>\n
\u8303\u57c3\u514b<\/span><\/a><\/td>\n1\u4e2a\u5b63\u5ea6<\/span><\/td>\n24\u4ebf\u7f8e\u5143<\/span><\/td>\n\u57fa\u4e8e SPDR \u9ec4\u91d1\u80a1\u7968 (GLD) ETF \u7684\u76f8\u5bf9\u6bd4\u7387\uff0c\u5e76\u6839\u636e 2023 \u5e74\u5b8f\u89c2\u60c5\u666f\u8fdb\u884c\u8c03\u6574\u3002<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

\u8d44\u6599\u6765\u6e90\uff1aAlliance Bernstein\u3001Bitwise\u3001Galaxy Digital\u3001Matrixport\u3001VanEck<\/span><\/i><\/p>\n

\u9664\u4e86\u73b0\u8d27\u6bd4\u7279\u5e01 ETF \u83b7\u6279<\/span><\/a>\u7684\u5f71\u54cd\u4e4b\u5916\uff0c\u52a0\u5bc6\u884d\u751f\u54c1\u5e02\u573a\u4e5f\u6709\u671b\u5728 2024 \u5e74\u53d7\u673a\u6784\u91c7\u7528\u63a8\u52a8\u7684\u4e24\u4e2a\u5173\u952e\u7ef4\u5ea6\u4e0a\u5b9e\u73b0\u4ea4\u6613\u91cf\u7684\u56de\u5347\u3002<\/span><\/p>\n

\u9996\u5148\u662f\u52a0\u5bc6\u8d27\u5e01\u671f\u6743\u5e02\u573a\u3002\u4f20\u7edf\u91d1\u878d\u673a\u6784\u65e9\u5df2\u6df1\u8c19\u671f\u6743\u4ea4\u6613\u4e4b\u9053\uff0c\u53ef\u4ee5\u5229\u7528\u52a0\u5bc6\u8d27\u5e01\u671f\u6743\u5bf9\u51b2\u4ed3\u4f4d\uff0c\u6709\u6548\u7ba1\u7406\u98ce\u9669\u3002\u7ecf\u9a8c\u4e30\u5bcc\u7684\u4ea4\u6613\u8005\u53ef\u4ee5\u8fd0\u7528\u5404\u79cd\u671f\u6743\u7b56\u7565\uff0c\u4ece\u4e0d\u540c\u7684\u5e02\u573a\u7ed3\u679c\u4e2d\u83b7\u5229\uff0c\u4f8b\u5982\u62bc\u6ce8\u9690\u542b\u6ce2\u52a8\u7387\u7684\u53d8\u5316\uff0c\u6216\u6839\u636e\u7279\u5b9a\u5e02\u573a\u884c\u60c5\u5b9a\u5236\u671f\u6743\u3002\u5c71\u5be8\u5e01\u671f\u6743\u5e02\u573a\u9700\u6c42\u7684\u6f5c\u5728\u56de\u5347\uff0c\u4e5f\u53ef\u80fd\u63a8\u52a8\u671f\u6743\u5e02\u573a\u7684\u589e\u957f\uff0c\u4f7f\u5176\u4e0d\u518d\u5c40\u9650\u4e8e<\/span>BTC<\/span><\/a>\u548c<\/span>ETH<\/span><\/a>\u671f\u6743\u3002\u53e6\u4e00\u65b9\u9762\uff0c\u5bfb\u6c42\u5e02\u573a\u4e2d\u6027\u7b56\u7565\u7684\u5bf9\u51b2\u57fa\u91d1\u548c\u8d44\u4ea7\u7ba1\u7406\u516c\u53f8\u4e5f\u7eb7\u7eb7\u52a0\u5165\uff0c\u53c2\u4e0e\u4ef7\u5dee\u4ea4\u6613\u3002\u8fc7\u53bb\u4e00\u5e74\u4ea4\u6613\u5e73\u53f0\u7684\u8fdb\u6b65\uff0c\u4f7f\u4ea4\u6613\u8005\u66f4\u5bb9\u6613\u8fd0\u7528\u4ef7\u5dee\u4ea4\u6613\u7b56\u7565\uff0c\u5e76\u83b7\u5f97\u5dee\u5f02\u5316\u7684\u6536\u76ca\u3002<\/span><\/p>\n

\u90a3\u53c8\u5982\u4f55\uff1f<\/span><\/b><\/i>\u00a0\u52a0\u5bc6\u8d27\u5e01\u9886\u57df\u7684\u673a\u6784\u4ea4\u6613\u91cf\u9884\u8ba1\u5c06\u57282024\u5e74\u5168\u5e74\u51fa\u73b0\u4e0a\u5347\u8d8b\u52bf\uff0c\u5e02\u573a\u683c\u5c40\u4e5f\u5c06\u4e0e\u53bb\u5e74\u6709\u6240\u4e0d\u540c\u3002\u4e3a\u4e86\u5728\u8fd9\u79cd\u52a8\u6001\u73af\u5883\u4e2d\u8131\u9896\u800c\u51fa\uff0c\u52a1\u5fc5\u4ed4\u7ec6\u8bc4\u4f30\u5e76\u9009\u62e9\u7b26\u5408\u60a8\u9700\u6c42\u7684\u4ea4\u6613\u573a\u6240\uff0c\u4ee5\u4fdd\u6301\u7ade\u4e89\u4f18\u52bf\u3002\u7136\u800c\uff0c\u52a1\u5fc5\u6ce8\u610f\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u7684\u56fa\u6709\u98ce\u9669\uff0c\u5e76\u91c7\u53d6\u5ba1\u614e\u7684\u98ce\u9669\u7ba1\u7406\u548c\u98ce\u9669\u7f13\u89e3\u7b56\u7565\u3002<\/span><\/i><\/p>\n

2. \u901a\u8bc1\u5316\u7684\u673a\u6784\u7528\u4f8b\u4e3a\u91d1\u878d\u884c\u4e1a\u5e26\u6765\u521b\u65b0<\/span><\/h2>\n

\u5728\u52a0\u5bc6\u8d27\u5e01\u9886\u57df\uff0c\u5927\u578b\u6295\u8d44\u94f6\u884c\u548c\u9876\u7ea7\u8d44\u4ea7\u7ba1\u7406\u516c\u53f8\u7b49\u4f20\u7edf\u91d1\u878d\u673a\u6784\u9762\u4e34\u7740\u4e25\u683c\u7684\u76d1\u7ba1\uff0c\u963b\u788d\u5176\u76f4\u63a5\u53c2\u4e0e\u6570\u5b57\u8d44\u4ea7\u4ea4\u6613\u3002\u56e0\u6b64\uff0c\u4ed6\u4eec\u4e13\u6ce8\u4e8e\u5c06\u73b0\u5b9e\u4e16\u754c\u8d44\u4ea7\uff08RWA\uff09\u4ee3\u5e01\u5316\u4e3a\u94fe\u4e0a\u6570\u5b57\u8d44\u4ea7\u3002\u53d7\u5b8f\u89c2\u7ecf\u6d4e\u73af\u5883\uff08\u56fd\u503a\u6536\u76ca\u7387\u8fbe\u5230\u9ad8\u4f4d\uff09\u7684\u5f71\u54cd\uff0c\u8fd9\u4e00\u8f6c\u53d8\u5728 2023 \u5e74\u83b7\u5f97\u4e86\u53d1\u5c55\u52a8\u529b\u3002\u4ee3\u5e01\u5316\u7684\u9700\u6c42\u4e3b\u8981\u6e90\u4e8e 2023 \u5e74\u52a0\u5bc6\u8d27\u5e01\u539f\u751f\u7528\u6237\u7fa4\u3002<\/span><\/p>\n

RWA \u90e8\u95e8\u7684\u603b\u9501\u5b9a\u4ef7\u503c (TVL)<\/span><\/b><\/u><\/p>\n