ProShares 尋求 SEC 批准追蹤比特幣表現的 S&P 500、Nasdaq-100 和黃金 ETF

ProShares 是一家管理超過 750 億美元資產的著名資產管理公司，正在尋求 SEC 批准推出三款新 ETF，以追蹤標準普爾 500 指數、納斯達克 100 指數和黃金相對於比特幣的表現。

ProShares, an asset manager with over $75 billion in assets under management, has filed with the SEC to launch three new ETFs that will track the performance of the S&P 500, the Nasdaq-100, and gold relative to Bitcoin.

ProShares 是一家管理超過750 億美元資產的資產管理公司，已向美國證券交易委員會(SEC) 申請推出三隻新ETF，以追蹤標準普爾500 指數、納斯達克100 指數和黃金相對於比特幣的表現。

The proposed funds — ProShares S&P 500 Bitcoin ETF, ProShares Nasdaq-100 Bitcoin ETF, and ProShares Gold Bitcoin ETF — will measure returns in Bitcoin terms rather than US dollars, according to prospectus materials shared by Nate Geraci, president of The ETF Store. Management fees and ticker symbols have not been disclosed.

根據The ETF Store 總裁Nate Geraci 分享的招股說明書資料，擬議的基金——ProShares S&P 500 比特幣ETF、ProShares Nasdaq-100 比特幣ETF 和ProShares Gold 比特幣ETF——將以比特幣而非美元來衡量回報。管理費和股票代碼尚未揭露。

While the funds won’t directly invest in Bitcoin, they will utilize Bitcoin futures contracts to achieve Bitcoin-denominated returns. Each ETF will maintain a long position in its respective underlying asset alongside a short US dollar/long Bitcoin position through futures contracts.

雖然這些基金不會直接投資比特幣，但他們將利用比特幣期貨合約來實現以比特幣計價的回報。每隻 ETF 將透過期貨合約維持各自標的資產的多頭部位以及空頭美元/多頭比特幣部位。

“Reset monthly, the currency hedge is intended to mitigate the impact of changes in the value of the US dollar relative to Bitcoin,” according to the materials.

材料稱：“貨幣對沖每月重置一次，旨在減輕美元相對於比特幣價值變化的影響。”

“Basically a long position in underlying stocks or gold & then a short USD/long BTC position using BTC futures,” Geraci explained. “I’m calling these BTC hedged ETFs.”

「基本上是基礎股票或黃金的多頭頭寸，然後使用 BTC 期貨做空美元/多頭 BTC 頭寸，」Geraci 解釋道。 “我將這些 BTC 稱為對沖 ETF。”

Each fund plans to invest up to 25% of their total assets in wholly-owned Cayman Islands subsidiaries at each quarter-end to maintain regulated investment company status under US tax law.

每隻基金計劃在每個季度末將其總資產的最多 25% 投資於開曼群島全資子公司，以維持美國稅法規定的受監管投資公司地位。

ProShares' move comes amid a growing acceptance of crypto within traditional finance, as more asset managers explore ways to integrate Bitcoin into their investment offerings.

隨著越來越多的資產管理公司探索將比特幣整合到其投資產品中的方法，ProShares 的舉動正值傳統金融領域對加密貨幣的接受度不斷提高。

On Thursday, Strive Asset Management introduced the Strive Bitcoin Bond ETF, which offers Bitcoin exposure through convertible securities and derivatives backed primarily by MicroStrategy’s holdings.

週四，Strive Asset Management 推出了 Strive 比特幣債券 ETF，該 ETF 透過主要由 MicroStrategy 持有的資產支持的可轉換證券和衍生性商品提供比特幣曝險。