ThefirstbitcoinETFfinallygetslistedintheUnitedStatesafter8yearsofa?longjourneysince2013.TheU.S.SECapprovedthefirstbitcoin-linkedETFafterits5commissionmembers’discussion.
It'sunderstoodiftheSECdoesnotreject,delayoraskmorequestions,thebitcoin-linkedETFproposalwilltakeeffectautomatically.DuringOctober15-18,norejection,delayormorequestionswere?heard.At9:30am,October19,ProShares’sCEOMichaelSapirrangthebellattheNYSE.Itisamilestoneinthehistoryofbitcoin,whichseesthepublic?listingofbitcoin-linkedETFbyProSharestradingunderTickerSymbolBITO.After4tradingdayssinceOctober20,1.2billiondollarsflowintothebitcoin-linkedETFandthebitcoinpricehitsanewrecord.
ItislearnedthatthefeeontheETFis0.95%,whichisonly?halfofthefeeonGBTC,whichis2%.Atthesametime,GrayscaleInvestmentsplansonfilinganapplicationtoconverttheworld’sbiggestbitcoinfundintoaspotETF,accordingtoapersonwithknowledgeofthematter.Bitcoin?trust?isnotthedesiredoneforGrayscale?fromtheverybeginning.InJanuary2017,GrayscalefiledanapplicationofbitcoinspotETFlistingtoSEC,butwithdrewitinOctobersinceSECthinksthebitcoinmarketisextremelyrisky.NowitseemsthatGrayscale?nevergivesupthebitcoinETF.
AOFEX已上线OXY 现报4.2 USDT:据官方消息，AOFEX交易所已于3月16日23:00（GMT+8）正式开放OXY/AQ、OXY/USDT交易对，开盘价为0.1 USDT，现报价4.2 USDT，累计涨幅为3400%。用户可在3月16日至21日期间交易OXY，将按照总交易量占比瓜分100,000 AQ。
Oxygen Protocol是非托管式的去中心化经纪业务协议。该协议由去中心化交易所Serum打造，在Solana链上运行，Maps.me项目为其提供强大的用户基础。
AOFEX数字货币金融衍生品交易所旨在为用户提供优质服务和资产安全保障。[2021/3/16 18:50:39]
WhatisanETF?
ETF(exchange-tradedfund)meansanexchange-tradedopenindexfund.Itisatraditionalfinancialmarketconcept,listedonexchanges,openwithvariablefundshares,suchasBUZZETF,ARKETF,VanguardETF,andSPYETF.
ETFvsmutualfund
ListingonexchangesComparedtotraditionalmutualfunds,listingonexchangesisfeaturedbystandardizedproducts?amonginvestors,all-daytradingcapability,andliquidityenhancement.
InstanttransparencyofshareholdingItallowsallinvestorstolearnaboutthefundshareholdingintheday,helpsplaytheroleofarbitrage,andguaranteesthatETFanditsunderlyingassetsaretradedindependentlyandrelevantly.
AOFEX即将上线热门币种FLOW:据官方消息，AOFEX交易所即将开放FLOW充值及提币功能，后续将于AQ及USDT交易区开放FLOW交易；具体上线时间将以公告形式另行通知。
Flow是一个快速，去中心化且对开发人员友好的区块链，旨在为下一代应用程序、游戏以及数字资产提供动力。顶级开发商和一些世界级品牌已经在Flow的基础上进行构建，并通过内容实现全新体验。
AOFEX数字货币金融衍生品交易所，旨在为用户提供优质服务和资产安全保障。[2021/2/2 18:42:06]
TaxadvantagesThecapitalgainsfrom?ETFsarefarlessthanrelated?mutualfundsbecausetheinteriorfeaturesofcreationandredemptionmechanismsenable?ETFtotransferinandoutassetswithoutanytaxesamongallinvestors.
InvestorswillnotbeaffectedbythebehaviorsofotherETFinvestors.ItisincrediblyimportantbecausenomatterwhereyouaretheonlyETFholderoroneofthe?millionsofshareholders,you?willnotbeaffectedduetootherinvestors’engagementorwithdrawal.Itvaries?considerablyfrommutualfundswherethefeesonassetsarechargedbythe?investorbase.
Whatisthefirstbitcoin-linkedETFintheU.S.?
Thebitcoin-linkedETFisacrypto-based?traditionalETF?andafinancialinvestmentproduct.Comparedtodirectinvestmentinbitcoinanditstrustfunds,thereisnoguaranteethatthebitcoin-linkedETFcanbringdesired?profitsforinvestorsbutprovidesalowerinvestmententry.
AOFEX创新型期权24H交易量2853万USDT:据AOFEX创新型期权交易数据：截至18:00， BTC 1M交割期权成交量632万USDT，多空换手频次18351次，看多/看空买入量比为1.04；5M交割期权成交量1245万USDT，多空换手频次31245次，看多/看空买入比为1.04。
AOFEX数字货币金融衍生品交易所，旨在为用户提供优质服务和资产安全保障。[2021/1/1 16:13:35]
Thefirstbitcoin-linkedETFisProSharesBitcoinStrategyETF(BITO),whichisappliedtobecreatedbytheassetmanagementcompanyProShares.ProSharesonLinkedin?showsthatithasbeenattheforefrontoftheETFrevolutionsince2006.Withoneofthenation’slargestlineupsofETFs,thecompanyprovidesinnovativestrategicandtacticalETFsdesignedtomanageriskandenhancereturns.ApartfromvariouspositivetrackingindexETFs,italsoincludes?low-leveragereverseETFs.
ProSharesBitcoinStrategyETF?seekstoprovidecapitalappreciationprimarily?throughactivelymanagedexposuretobitcoinfuturescontracts.?TheFunddoesnotinvestdirectlyinbitcoin.Therefore,the“bitcoin-linkedETF”referstostandardized,cash-settledbitcoinfuturescontracts?tradedoncommodityexchangesregistered?withtheCommodityFuturesTradingCommission?(“CFTC”).Thevalueofbitcoinfuturesisdeterminedbyreference?totheCMECFBitcoinReferenceRate(“BBR”),?whichprovidesanindicationofthepriceofbitcoinacross?certaincashbitcoinexchanges.TheFundseekstoinvestin?cash-settled,front-monthbitcoinfutures.Front-month?bitcoinfuturescontractsarethosecontractswiththe?shortesttimetomaturity.
AOFEX永续合约：24小时交易量6.6亿USDT 做多人数略占优:AOFEX交易大数据显示，截止今日11:00，永续合约交易量达6.6亿USDT，其中ETH/USDT永续合约交易量为1.97亿张，占比29.85%，现报价409.45USDT。BTC/USDT永续合约交易量为1.92亿张，占比29.09%，现报价13091.6USDT。BTC合约多空持仓人数比1.17，市场做多人数暂时占优。
AOFEX数字货币金融衍生品交易所，旨在为用户提供优质服务和资产安全保障。[2020/10/26]
Highlightsofthefirstbitcoin-linkedETFintheU.S.
TheFunddoesnottaketemporarydefensivepositions.The?Fundwillgenerallyholditsbitcoinfuturescontractsduring?periodsinwhichthevalueofbitcoinisflatordecliningas?wellasduringperiodsinwhichthevalueofbitcoinisrising.?Inordertomaintainexposuretobitcoinfuturescontracts,the?Fundmustsellitsfuturescontractsastheynearexpiration?andreplacethemwithnewfuturescontractswithalaterexpiration?date.Thisisoftenreferredtoas“rolling”afuturescontract.Futurescontractswithalongertermtoexpirationmay?bepricedhigherthanfuturescontractswithashortertermto?expiration,arelationshipcalled“contango.”Whenrolling?futurescontractsthatareincontango,theFundwillsellthe?expiringcontractatarelativelylowerpriceandbuyalonger-dated?contractatarelativelyhigherprice.Thatistosay,theFundwill“renew”contractspermanentlyratherthancloseoutthem.Conversely,futurescontractswithalongertermtoexpiration?maybepricedlowerthanfuturescontractswithashorter?termtoexpiration,arelationshipcalled“backwardation.”?
AOFEX交易所上线DSF:据官方消息，AOFEX交易所将于6月29日15:00上线DSF并开放充值，7月1日15:00 开放DSF/AQ交易对。用户可在6月27日至7月8日期间参与活动瓜分400,000 DSF豪华大奖。
Decentralized Social Finance，中文全称为分布式社交金融链，基于以太坊开发，定位为以太坊DeFi生态系统中最重要的一环，通过创新研发的链上社交合约系统，带来分布式金融应用从设计，推广，服务等多维度创新。
AOFEX数字货币金融衍生品交易所，已获美国MSB牌照及新加坡MAS豁免许可，24小时为113万用户提供优质服务和资产安全保障。[2020/6/27]
TheFundseekstofullyinvestintheseportfoliosatanytimetoprovideexposuretobitcoinfutures?
TheFunddoesnotinvestin,orseekdirectexposureto,the?current“spot”orcashpriceofbitcoin.TheFundisclassifiedasnon-diversified,whichmeansithas?theabilitytoinvestarelativelyhighpercentageofitsassets?infinancialinstrumentswithasinglecounterpartyorafew?counterparties.??
Thebitcoin-linkedfuturescontractsonCMEmaysignificantlydifferfrombitcoinspotsininvestmentstrategyrisk,marketandvolatility,liquidityrisk,bitcoinfuturesrisk,bitcoinfuturescapacityrisk,costoffuturesinvestmentrisk,bitcoinrisk,cashandmoneymarketinstruments?risk,subsidiaryinvestmentrisk,borrowingrisk,counterpartyrisk,non-diversification?risk,marketpricevariance?risk,authorizedparticipant?risk,cashpurchase?andredemptionrisk,earlyclosing/delayedclosing/tradingsuspensionrisk,activemanagementrisk,newfundrisk,taxriskandvaluationrisk.?
DifferencesbetweenGBTCandbitcoin-linkedETF
ETFallowsmarketmakerstorandomlycreateandredeemshares,whileGBTCdoesnotallow?andthefundsharescanonlybemonetizedonsecondarymarkets.?
GBTCsetsa6-monthlockingperiod,withahighpremium,whileETFhasbetterliquidityandisfreeofpremiumorreduction.?
GBTCtradingfeesareveryhigh,includingbrokerfees,annualmanagementfeesandpremium.Thebitcoin-linkedETFhaslowerfees.Forexample,fortheBITOonly0.95%ofmanagementfeesarecharged,whilethefirstNorthAmericabitcoinETF——BTCC,listedinCanada,hasalowermanagementfeeof75%.?
GBTCisonlyavailableforqualifiedinvestorswith50,000dollarsatleast.Thebitcoin-linkedETFhas?fewrestrictionsoninvestors’?qualifications?andamounts.?
Insummary,withovertenyearsofinsanedevelopment,thecryptocurrencymarketgraduallygoesbacktobeing?rational.Recently,thecryptocurrencymarketisexperiencinga?hugerevolutionandtransformation.ThecryptomarketplaceincludingBitcoinhasattractedtheeyesof?traditionalfinancialmarkets,andismoving?towardsstandardsandcompliance.
Workingoncryptocurrencydevelopmentforyears,AOFEXkeepsupdatesontheindustry,providescompleteinvestmentchannelsandprofoundinformation,securefinancialservices,helpsthemfindandgraspindustrialopportunities.AOFEXaccompaniesyouonyourinvestmentjourney.
For?more?information,pleasevisit:?
Officialwebsite:www.aofex.com
Telegram:https://t.me/Aofex888
Twitter1:https://twitter.com/Aofex2
Twitter2:https://twitter.com/AOFEXGlobal
Facebook:https://www.facebook.com/profile.php?id=100039575555419
YouTube:?https://www.youtube.com/channel/UCWW5jQ9Li17TrZ-P0YfhCgA
Medium:?https://medium.com/@aofex
郑重声明： 本文版权归原作者所有， 转载文章仅为传播更多信息之目的， 如作者信息标记有误， 请第一时间联系我们修改或删除， 多谢。