{"id":192,"date":"2026-09-01T01:20:30","date_gmt":"2026-08-31T17:20:30","guid":{"rendered":"http:\/\/ouyi.biquan123.com\/blog\/?p=192"},"modified":"2026-09-01T02:30:32","modified_gmt":"2026-08-31T18:30:32","slug":"%e7%9b%91%e7%ae%a1%e5%8f%98%e5%8c%96%e4%b8%8b%ef%bc%8c%e7%81%b0%e5%ba%a6%e6%8e%a8%e5%8a%a8%e4%bb%a5%e5%a4%aa%e5%9d%8a-etf-%e7%9a%84%e8%b4%a8%e6%8a%bc%e6%95%b4%e5%90%88","status":"publish","type":"post","link":"http:\/\/ouyi.biquan123.com\/blog\/index.php\/2026\/09\/01\/%e7%9b%91%e7%ae%a1%e5%8f%98%e5%8c%96%e4%b8%8b%ef%bc%8c%e7%81%b0%e5%ba%a6%e6%8e%a8%e5%8a%a8%e4%bb%a5%e5%a4%aa%e5%9d%8a-etf-%e7%9a%84%e8%b4%a8%e6%8a%bc%e6%95%b4%e5%90%88\/","title":{"rendered":"\u76d1\u7ba1\u53d8\u5316\u4e0b\uff0c\u7070\u5ea6\u63a8\u52a8\u4ee5\u592a\u574a ETF \u7684\u8d28\u62bc\u6574\u5408"},"content":{"rendered":"<h2 id=\"1\"><span dir=\"auto\">Grayscale \u81f4\u529b\u4e8e\u5c06 Staking \u529f\u80fd\u878d\u5165\u4ee5\u592a\u574a ETF<\/span><\/h2>\n<p><span dir=\"auto\">\u9886\u5148\u7684\u6570\u5b57\u8d44\u4ea7\u7ba1\u7406\u516c\u53f8\u7070\u5ea6\u6295\u8d44 (Grayscale Investments) \u6b63\u5728\u5f00\u62d3\u6027\u5730\u5c06\u8d28\u62bc\u529f\u80fd\u6574\u5408\u5230\u5176\u73b0\u8d27\u4ee5\u592a\u574a ETF \u4e2d\u3002\u8fd9\u4e00\u5927\u80c6\u4e3e\u63aa\u6216\u5c06\u91cd\u65b0\u5b9a\u4e49\u4ee5\u592a\u574a\u751f\u6001\u7cfb\u7edf\u548c ETF \u5e02\u573a\uff0c\u4e3a\u6295\u8d44\u8005\u5e26\u6765\u65b0\u7684\u673a\u9047\uff0c\u540c\u65f6\u589e\u5f3a\u57fa\u91d1\u8fd0\u8425\u3002\u7070\u5ea6\u6295\u8d44\u6b63\u5728\u5bfb\u6c42\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a (SEC) \u7684\u6279\u51c6\uff0c\u65e8\u5728\u5c06\u81ea\u5df1\u5b9a\u4f4d\u4e3a\u52a0\u5bc6\u8d27\u5e01\u6295\u8d44\u4ea7\u54c1\u7684\u5f00\u62d3\u8005\u3002<\/span><\/p>\n<h2 id=\"2\"><span dir=\"auto\">\u4ec0\u4e48\u662f Staking\uff1f\u4e3a\u4ec0\u4e48\u5b83\u5982\u6b64\u91cd\u8981\uff1f<\/span><\/h2>\n<p><span dir=\"auto\">\u8d28\u62bc\u662f\u6307\u52a0\u5bc6\u8d27\u5e01\u6301\u6709\u8005\u9501\u5b9a\u5176\u8d44\u4ea7\u4ee5\u652f\u6301\u533a\u5757\u94fe\u8fd0\u884c\u548c\u5b89\u5168\u7684\u8fc7\u7a0b\u3002\u4f5c\u4e3a\u56de\u62a5\uff0c\u4ed6\u4eec\u4f1a\u83b7\u5f97\u5956\u52b1\uff0c\u901a\u5e38\u4ee5\u989d\u5916\u7684\u4ee3\u5e01\u5f62\u5f0f\u53d1\u653e\u3002\u5bf9\u4e8e\u4ee5\u592a\u574a\u800c\u8a00\uff0c\u8d28\u62bc\u662f\u5176\u5411\u6743\u76ca\u8bc1\u660e (PoS) \u5171\u8bc6\u673a\u5236\u8fc7\u6e21\u7684\u5173\u952e\uff0c\u8be5\u673a\u5236\u80fd\u591f\u63d0\u5347\u53ef\u6269\u5c55\u6027\u3001\u80fd\u6e90\u6548\u7387\u548c\u7f51\u7edc\u5b89\u5168\u3002<\/span><\/p>\n<h3><span dir=\"auto\">\u4ee5\u592a\u574a ETF \u8d28\u62bc\u7684\u597d\u5904<\/span><\/h3>\n<p><span dir=\"auto\">\u901a\u8fc7\u5c06\u8d28\u62bc\u7eb3\u5165\u5176\u4ee5\u592a\u574a ETF\uff0cGrayscale \u5bfb\u6c42\uff1a<\/span><\/p>\n<ul>\n<li><b><span dir=\"auto\">\u63d0\u9ad8\u6295\u8d44\u8005\u56de\u62a5\uff1a<\/span><\/b><span dir=\"auto\">\u8d28\u62bc\u5956\u52b1\u53ef\u4ee5\u63d0\u4f9b\u989d\u5916\u7684\u6536\u5165\u6765\u6e90\uff0c\u4ece\u800c\u63d0\u9ad8 ETF \u7684\u6574\u4f53\u4ef7\u503c\u3002<\/span><\/li>\n<li><b><span dir=\"auto\">\u7b80\u5316\u57fa\u91d1\u8fd0\u8425\uff1a<\/span><\/b><span dir=\"auto\">\u8d28\u62bc\u53ef\u4ee5\u6539\u5584\u57fa\u91d1\u7684\u521b\u5efa\u548c\u8d4e\u56de\u6d41\u7a0b\uff0c\u4f7f\u57fa\u91d1\u7ba1\u7406\u66f4\u52a0\u9ad8\u6548\u3002<\/span><\/li>\n<li><b><span dir=\"auto\">\u52a0\u5f3a\u7f51\u7edc\u5b89\u5168\uff1a<\/span><\/b><span dir=\"auto\">\u53c2\u4e0e\u8d28\u62bc\u6709\u52a9\u4e8e\u63d0\u9ad8\u4ee5\u592a\u574a\u7684\u5b89\u5168\u6027\u548c\u8fd0\u884c\u6548\u7387\uff0c\u7b26\u5408\u533a\u5757\u94fe\u7684\u66f4\u5e7f\u6cdb\u76ee\u6807\u3002<\/span><\/li>\n<\/ul>\n<h2 id=\"3\"><span dir=\"auto\">SEC \u76d1\u7ba1\u653f\u7b56\u53ca\u5176\u5bf9 Staking \u7684\u5f71\u54cd<\/span><\/h2>\n<p><span dir=\"auto\">\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a (SEC) \u5386\u6765\u5bf9\u6279\u51c6 ETF \u4e2d\u7684 Staking \u76f8\u5173\u529f\u80fd\u6301\u8c28\u614e\u6001\u5ea6\u30022024 \u5e74 7 \u6708\uff0c\u8be5\u76d1\u7ba1\u673a\u6784\u8981\u6c42\u53d1\u884c\u4eba\u5728\u6279\u51c6 ETF \u4e4b\u524d\uff0c\u5fc5\u987b\u5c06 Staking \u5956\u52b1\u4ece\u73b0\u8d27\u4ee5\u592a\u574a ETF \u4e2d\u6392\u9664\u3002\u7136\u800c\uff0c\u76d1\u7ba1\u6001\u5ea6\u7684\u8f6c\u53d8\u53ef\u80fd\u4f1a\u4e3a\u672a\u6765 Staking \u7684\u6574\u5408\u94fa\u5e73\u9053\u8def\u3002<\/span><\/p>\n<h3><span dir=\"auto\">\u7070\u5ea6\u7684\u5408\u89c4\u63aa\u65bd<\/span><\/h3>\n<p><span dir=\"auto\">Grayscale \u5f3a\u8c03\u5176\u8d28\u62bc\u6d3b\u52a8\u5c06\uff1a<\/span><\/p>\n<ul>\n<li><span dir=\"auto\">\u907f\u514d\u201c\u59d4\u6258\u8d28\u62bc\u201d\u6216\u201c\u8d28\u62bc\u5373\u670d\u52a1\u201d\u6a21\u5f0f\u3002<\/span><\/li>\n<li><span dir=\"auto\">\u4e0d\u4fdd\u8bc1\u6216\u5ba3\u4f20\u8d28\u62bc\u7684\u56fa\u5b9a\u56de\u62a5\u3002<\/span><\/li>\n<\/ul>\n<p><span dir=\"auto\">\u8fd9\u4e9b\u63aa\u65bd\u65e8\u5728\u786e\u4fdd\u9075\u5b88\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a\u7684\u6307\u5bfc\u65b9\u9488\uff0c\u540c\u65f6\u964d\u4f4e\u76d1\u7ba1\u98ce\u9669\u3002<\/span><\/p>\n<h2 id=\"4\"><span dir=\"auto\">\u9519\u5931\u8d28\u62bc\u5956\u52b1\u673a\u4f1a<\/span><\/h2>\n<p><span dir=\"auto\">\u7070\u5ea6\u4ee3\u8868\u5f3a\u8c03\uff0c\u7531\u4e8e\u7f3a\u4e4f\u8d28\u62bc\u529f\u80fd\uff0c\u7f8e\u56fd\u4ee5\u592a\u574a ETF \u9762\u4e34\u7740\u7ade\u4e89\u52a3\u52bf\u3002\u81ea\u8fd9\u4e9b ETF \u63a8\u51fa\u4ee5\u6765\uff0c\u4f30\u8ba1\u5df2\u635f\u5931\u4e86 6100 \u4e07\u7f8e\u5143\u7684\u6f5c\u5728\u8d28\u62bc\u5956\u52b1\u3002\u8fd9\u51f8\u663e\u4e86\u76d1\u7ba1\u6539\u9769\u7684\u5fc5\u8981\u6027\uff0c\u4ee5\u4fc3\u8fdb\u8d28\u62bc\u529f\u80fd\u6574\u5408\u5e76\u63d0\u9ad8\u6295\u8d44\u8005\u56de\u62a5\u3002<\/span><\/p>\n<h2 id=\"5\"><span dir=\"auto\">\u7ade\u4e89\u683c\u5c40\uff1a\u7f8e\u56fd\u4e0e\u56fd\u9645\u4ee5\u592a\u574a ETF<\/span><\/h2>\n<p><span dir=\"auto\">\u5305\u542b\u8d28\u62bc\u529f\u80fd\u7684\u56fd\u9645\u4ee5\u592a\u574a ETF \u5df2\u83b7\u5f97\u663e\u8457\u53d1\u5c55\uff0c\u4e3a\u6295\u8d44\u8005\u63d0\u4f9b\u4e86\u66f4\u5168\u9762\u7684\u4ef7\u503c\u4e3b\u5f20\u3002\u76f8\u6bd4\u4e4b\u4e0b\uff0c\u7f8e\u56fd ETF \u7531\u4e8e\u76d1\u7ba1\u9650\u5236\u800c\u843d\u540e\u3002Grayscale \u63a8\u8fdb\u8d28\u62bc\u529f\u80fd\u6574\u5408\u53ef\u4ee5\u5f25\u8865\u8fd9\u4e00\u5dee\u8ddd\uff0c\u4f7f\u5176 ETF \u5728\u5168\u7403\u8303\u56f4\u5185\u66f4\u5177\u7ade\u4e89\u529b\u3002<\/span><\/p>\n<h2 id=\"6\"><span dir=\"auto\">\u6574\u4e2a\u884c\u4e1a\u5bf9 Staking \u6574\u5408\u7684\u5174\u8da3<\/span><\/h2>\n<p><span dir=\"auto\">Grayscale \u5e76\u975e\u5b64\u519b\u594b\u6218\u3002\u5176\u4ed6\u8d44\u4ea7\u7ba1\u7406\u516c\u53f8\uff0c\u4f8b\u5982 21Shares\uff0c\u4e5f\u5df2\u7533\u8bf7 Staking \u76f8\u5173\u529f\u80fd\uff0c\u8fd9\u8868\u660e\u884c\u4e1a\u5174\u8da3\u65e5\u76ca\u6d53\u539a\u3002\u8fd9\u4e00\u8d8b\u52bf\u51f8\u663e\u51fa\uff0cStaking \u4f5c\u4e3a ETF \u4ea7\u54c1\u4e2d\u4e00\u9879\u6709\u4ef7\u503c\u7684\u8865\u5145\uff0c\u6b63\u65e5\u76ca\u53d7\u5230\u8ba4\u53ef\u3002<\/span><\/p>\n<h2 id=\"7\"><span dir=\"auto\">Coinbase \u4f5c\u4e3a\u6258\u7ba1\u4eba\u7684\u89d2\u8272<\/span><\/h2>\n<p><span dir=\"auto\">Grayscale \u7ba1\u7406\u7740\u7ea6 13 \u4ebf\u7f8e\u5143\u7684\u4ee5\u592a\u574a\u8d44\u4ea7\uff0cCoinbase \u62c5\u4efb\u6258\u7ba1\u4eba\u3002Coinbase \u5f3a\u5927\u7684\u57fa\u7840\u8bbe\u65bd\u548c\u5b89\u5168\u63aa\u65bd\u5bf9\u4e8e\u8fd9\u4e9b\u8d44\u4ea7\u7684\u5b89\u5168\u5b58\u50a8\u548c\u7ba1\u7406\u81f3\u5173\u91cd\u8981\uff0c\u786e\u4fdd\u4e86 Staking \u7684\u6210\u529f\u5b9e\u65bd\u3002<\/span><\/p>\n<h2 id=\"8\"><span dir=\"auto\">\u4ee5\u592a\u574a\u7f51\u7edc\u7684\u53d1\u5c55\u53ca\u5176\u5f71\u54cd<\/span><\/h2>\n<p><span dir=\"auto\">\u4ee5\u592a\u574a\u751f\u6001\u7cfb\u7edf\u6b63\u5728\u7ecf\u5386\u91cd\u5927\u8fdb\u6b65\uff0c\u5305\u62ec\uff1a<\/span><\/p>\n<ul>\n<li><b><span dir=\"auto\">\u7b2c\u4e8c\u5c42\u89e3\u51b3\u65b9\u6848\uff1a<\/span><\/b><span dir=\"auto\">\u63d0\u9ad8\u4ea4\u6613\u901f\u5ea6\u5e76\u964d\u4f4e\u6210\u672c\u3002<\/span><\/li>\n<li><b><span dir=\"auto\">Layer-Zero \u521b\u65b0\uff1a<\/span><\/b><span dir=\"auto\">\u6539\u5584\u8de8\u94fe\u901a\u4fe1\u548c\u53ef\u6269\u5c55\u6027\u3002<\/span><\/li>\n<\/ul>\n<p><span dir=\"auto\">\u8fd9\u4e9b\u53d1\u5c55\u52a0\u5f3a\u4e86\u4ee5\u592a\u574a\u7684\u957f\u671f\u4ef7\u503c\u4e3b\u5f20\uff0c\u8fdb\u4e00\u6b65\u63d0\u5347\u4e86\u4ee5\u592a\u574a ETF \u7684\u5438\u5f15\u529b\u3002<\/span><\/p>\n<h2 id=\"9\"><span dir=\"auto\">Staking \u6574\u5408\u7684\u98ce\u9669\u4e0e\u6311\u6218<\/span><\/h2>\n<p><span dir=\"auto\">\u867d\u7136\u8d28\u62bc\u6574\u5408\u63d0\u4f9b\u4e86\u8bb8\u591a\u597d\u5904\uff0c\u4f46\u4e5f\u5e26\u6765\u4e86\u6311\u6218\uff1a<\/span><\/p>\n<ul>\n<li><b><span dir=\"auto\">\u76d1\u7ba1\u4e0d\u786e\u5b9a\u6027\uff1a<\/span><\/b><span dir=\"auto\">\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a\u5bf9\u8d28\u62bc\u76f8\u5173\u529f\u80fd\u7684\u7acb\u573a\u4ecd\u4e0d\u660e\u786e\uff0c\u53ef\u80fd\u4f1a\u5f71\u54cd\u5ba1\u6279\u65f6\u95f4\u3002<\/span><\/li>\n<li><b><span dir=\"auto\">\u6280\u672f\u590d\u6742\u6027\uff1a<\/span><\/b><span dir=\"auto\">\u5728 ETF \u4e2d\u5b9e\u65bd\u8d28\u62bc\u9700\u8981\u590d\u6742\u7684\u57fa\u7840\u8bbe\u65bd\u548c\u4e13\u4e1a\u77e5\u8bc6\u3002<\/span><\/li>\n<li><b><span dir=\"auto\">\u7a0e\u6536\u5f71\u54cd\uff1a<\/span><\/b><span dir=\"auto\">\u8d28\u62bc\u5956\u52b1\u88ab\u89c6\u4e3a\u6536\u5165\uff0c\u5176\u5206\u914d\u53ef\u80fd\u4f1a\u4ea7\u751f\u9700\u8981\u8c28\u614e\u7ba1\u7406\u7684\u7a0e\u6536\u540e\u679c\u3002<\/span><\/li>\n<\/ul>\n<h2 id=\"10\"><span dir=\"auto\">\u7ed3\u8bba<\/span><\/h2>\n<p><span dir=\"auto\">Grayscale \u5c06 Staking \u529f\u80fd\u6574\u5408\u5230\u5176\u4ee5\u592a\u574a ETF \u4e2d\u7684\u4e3e\u63aa\uff0c\u4ee3\u8868\u7740\u52a0\u5bc6\u8d27\u5e01\u6295\u8d44\u4ea7\u54c1\u7684\u53d8\u9769\u6027\u4e00\u6b65\u3002\u901a\u8fc7\u89e3\u51b3\u76d1\u7ba1\u969c\u788d\u5e76\u5145\u5206\u5229\u7528 Staking \u7684\u4f18\u52bf\uff0c\u8be5\u516c\u53f8\u65e8\u5728\u63d0\u9ad8\u6295\u8d44\u8005\u56de\u62a5\uff0c\u540c\u65f6\u63d0\u5347\u4ee5\u592a\u574a\u7684\u5b89\u5168\u6027\u548c\u6548\u7387\u3002\u968f\u7740\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a (SEC) \u548c\u5176\u4ed6\u76d1\u7ba1\u673a\u6784\u7ee7\u7eed\u8bc4\u4f30\u8fd9\u4e9b\u63d0\u6848\uff0cETF Staking \u7684\u672a\u6765\u524d\u666f\u5bf9\u6574\u4e2a\u884c\u4e1a\u800c\u8a00\u5145\u6ee1\u5e0c\u671b\u3002<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grayscale \u81f4\u529b\u4e8e\u5c06 Staking \u529f\u80fd\u878d\u5165\u4ee5\u592a\u574a ETF \u9886\u5148\u7684\u6570\u5b57\u8d44\u4ea7\u7ba1\u7406\u516c\u53f8\u7070\u5ea6\u6295\u8d44 (Gra&hellip; <a class=\"more-link\" href=\"http:\/\/ouyi.biquan123.com\/blog\/index.php\/2026\/09\/01\/%e7%9b%91%e7%ae%a1%e5%8f%98%e5%8c%96%e4%b8%8b%ef%bc%8c%e7%81%b0%e5%ba%a6%e6%8e%a8%e5%8a%a8%e4%bb%a5%e5%a4%aa%e5%9d%8a-etf-%e7%9a%84%e8%b4%a8%e6%8a%bc%e6%95%b4%e5%90%88\/\">\u7ee7\u7eed\u9605\u8bfb<span class=\"screen-reader-text\">\u76d1\u7ba1\u53d8\u5316\u4e0b\uff0c\u7070\u5ea6\u63a8\u52a8\u4ee5\u592a\u574a ETF \u7684\u8d28\u62bc\u6574\u5408<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-192","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"_links":{"self":[{"href":"http:\/\/ouyi.biquan123.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/ouyi.biquan123.com\/blog\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/ouyi.biquan123.com\/blog\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/ouyi.biquan123.com\/blog\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/ouyi.biquan123.com\/blog\/index.php\/wp-json\/wp\/v2\/comments?post=192"}],"version-history":[{"count":1,"href":"http:\/\/ouyi.biquan123.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/192\/revisions"}],"predecessor-version":[{"id":193,"href":"http:\/\/ouyi.biquan123.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/192\/revisions\/193"}],"wp:attachment":[{"href":"http:\/\/ouyi.biquan123.com\/blog\/index.php\/wp-json\/wp\/v2\/media?parent=192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/ouyi.biquan123.com\/blog\/index.php\/wp-json\/wp\/v2\/categories?post=192"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/ouyi.biquan123.com\/blog\/index.php\/wp-json\/wp\/v2\/tags?post=192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}