2倍比特币策略ETF的持有

截至2025年初，2倍比特币战略ETF的净资产约为19.8亿美元。它的目标是基于滚动比特币期货的每日绩效两倍。

The 2x Bitcoin Strategy ETF, which has around $1.98 billion in net assets, is designed to provide double the daily performance of an index designed to measure the price performance of U.S. Bitcoin futures.

2倍比特币战略ETF的净资产约为19.8亿美元，旨在提供旨在衡量美国比特币期货价格绩效的指数的每日表现的两倍。

The fund aims to deliver twice the daily performance of an index based on rolling Bitcoin futures. To maintain its 2x daily exposure, the fund adjusts its holdings daily, buying or selling futures contracts as needed to account for market movements, as well as investor inflows or redemptions.

该基金旨在基于滚动比特币期货的指数每日表现两倍。为了维持每日2倍的曝光，该基金每天都会调整其持股，根据需要购买或出售期货合约，以解释市场变动以及投资者流入或赎回。

The fund’s primary holdings include cash-settled Bitcoin futures contracts traded on the Chicago Mercantile Exchange (CME), as well as cash-like instruments or high-quality securities used as collateral.

该基金的主要股份包括在芝加哥商业交易所（CME）上交易的现金分配比特币期货合约，以及类似现金的工具或用作抵押品的高质量证券。

It regularly rolls its futures positions, typically moving from contracts with a near-term expiration to longer-dated contracts to avoid holding futures that are about to expire. For instance, as of March 31, 2025, the fund had no positions in CME Bitcoin futures expiring in March 2025.

它会定期提出期货职位，通常从近期到期的合同转变为较长日期的合同，以避免持有即将到期的期货。例如，截至2025年3月31日，该基金在2025年3月到期的CME比特币期货中没有职位。

The 2x Bitcoin Strategy ETF is classified as a non-diversified fund, meaning it can concentrate a large portion of its assets in Bitcoin futures.

2x比特币策略ETF被归类为非多元基金，这意味着它可以集中在比特币期货中的大部分资产。

Unlike many ETFs, which are required to diversify investments broadly across many asset types to reduce risk, this fund is not subject to such limitations.

与许多ETF不同，这些ETF是在许多资产类型中广泛多样化的投资所必需的，以降低风险，该基金不受此类限制。

The ETF keeps most of its money in cash for safety and uses futures contracts to get 2x exposure to Bitcoin, so its futures positions can add up to more than 100% of its assets.

ETF将其大部分资金用于现金，并使用期货合约将2倍的比特币接触，因此其期货头寸可以增加到其资产的100％以上。

The ETF’s holdings include 31.69% of its net assets in CME Bitcoin futures expiring in April 2025, 168.29% in CME Bitcoin futures expiring in May 2025, and 99.99% in cash-like instruments.

ETF的持股包括2025年4月到期的CME比特币期货中的净资产的31.69％，CME比特币期货在2025年5月到期的168.29％，类似于现金仪器的99.99％。