{"id":29223,"date":"2026-02-26T17:02:44","date_gmt":"2026-02-26T09:02:44","guid":{"rendered":"https:\/\/academy.qubic.app\/?p=29223"},"modified":"2026-03-12T16:35:59","modified_gmt":"2026-03-12T08:35:59","slug":"what-is-a-bitcoin-helving","status":"publish","type":"post","link":"https:\/\/academy.qubic.app\/qubic-web3\/what-is-a-bitcoin-helving\/","title":{"rendered":"\u6bd4\u7279\u5e63\u300c\u56db\u5e74\u9031\u671f\u300d\u662f\u4ec0\u9ebc\uff1f\u6a5f\u69cb\u6642\u4ee3\u6e1b\u534a\u9031\u671f\u9084\u91cd\u8981\uff1f"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"29223\" class=\"elementor elementor-29223\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c2a19bb e-flex e-con-boxed e-con e-parent\" data-id=\"c2a19bb\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-254ecad elementor-widget elementor-widget-image\" data-id=\"254ecad\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/i0.wp.com\/academy.qubic.app\/wp-content\/uploads\/2026\/02\/btc-4-year-trend.png?fit=1024%2C512&amp;ssl=1\" class=\"attachment-large size-large wp-image-29232\" alt=\"\u6bd4\u7279\u5e63\u6e1b\u534a4\u5e74\u9031\u671f\" srcset=\"https:\/\/i0.wp.com\/academy.qubic.app\/wp-content\/uploads\/2026\/02\/btc-4-year-trend.png?w=1200&amp;ssl=1 1200w, https:\/\/i0.wp.com\/academy.qubic.app\/wp-content\/uploads\/2026\/02\/btc-4-year-trend.png?resize=300%2C150&amp;ssl=1 300w, https:\/\/i0.wp.com\/academy.qubic.app\/wp-content\/uploads\/2026\/02\/btc-4-year-trend.png?resize=1024%2C512&amp;ssl=1 1024w, https:\/\/i0.wp.com\/academy.qubic.app\/wp-content\/uploads\/2026\/02\/btc-4-year-trend.png?resize=768%2C384&amp;ssl=1 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c7b5e19 e-flex e-con-boxed e-con e-parent\" data-id=\"c7b5e19\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-eb4f8a3 elementor-widget elementor-widget-text-editor\" data-id=\"eb4f8a3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">2026 \u5e74\u521d\uff0c\u5168\u7403\u52a0\u5bc6\u5e02\u5834\u6b63\u7d93\u6b77\u4e00\u5834\u9a5a\u5fc3\u52d5\u9b44\u7684\u300c\u8a8d\u77e5\u6d17\u724c\u300d\u3002\u8cc7\u7522\u7ba1\u7406\u5de8\u982d \u7070\u5ea6 (<\/span><a href=\"https:\/\/www.grayscale.com\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">Grayscale<\/span><\/a><span style=\"font-weight: 400;\">) \u8207 <\/span><a href=\"https:\/\/bitwiseinvestments.com\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">Bitwise<\/span><\/a><span style=\"font-weight: 400;\"> \u5728 1 \u6708\u624d\u5ba3\u544a\u56db\u5e74\u9031\u671f\u5df2\u6210\u6b77\u53f2\uff0c\u9810\u6e2c\u6bd4\u7279\u5e63\u5c07\u544a\u5225\u904e\u5f80\u7684\u5287\u70c8\u6ce2\u52d5\uff1b\u7136\u800c\uff0c2 \u6708\u6bd4\u7279\u5e63\u7684\u6158\u70c8\u5d29\u76e4\uff0c\u537b\u72e0\u72e0\u6253\u81c9\u4e86\u9019\u4e9b\u5c08\u696d\u5831\u544a\u3002\u96a8\u8457\u300c\u6bd4\u7279\u5e63\u66b4\u8dcc\u300d\u8207\u300c\u6bd4\u7279\u5e63 k \u7dda\u300d\u5728 Google Trend \u4e0a\u7684\u641c\u5c0b\u91cf\u6025\u5287\u98c6\u5347\uff0c\u6295\u8cc7\u4eba\u4e0d\u7981\u81ea\u554f\uff1a\u90a3\u500b\u795e\u7955\u7684\u56db\u5e74\u6bd4\u7279\u5e63\u6e1b\u534a\u9670\u5f71\uff0c\u96e3\u9053\u5f9e\u672a\u96e2\u53bb\uff1f<\/span><\/p><h2><strong>\u6587\u7ae0\u6458\u8981<\/strong><\/h2><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u6bd4\u7279\u5e63\u900f\u904e\u6bcf\u56db\u5e74\u4e00\u6b21\u7684\u300c\u6e1b\u534a\u300d\u6a5f\u5236\u5f37\u5236\u7e2e\u6e1b\u4f9b\u61c9\u91cf\uff0c\u6b77\u53f2\u898f\u5f8b\u986f\u793a\u5e63\u50f9\u901a\u5e38\u5728\u6e1b\u534a\u5f8c\u7684 12 \u5230 18 \u500b\u6708\u5167\u885d\u5411\u5dd4\u5cf0\u3002<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">2026 \u5e74 2 \u6708\u6bd4\u7279\u5e63\u5f9e 12.6 \u842c\u7f8e\u5143\u9ad8\u9ede\u91cd\u632b 50% \u7684\u9707\u76ea\uff0c\u5f15\u767c\u4e86\u5e02\u5834\u5c0d\u300c\u6a5f\u69cb\u5316\u80fd\u6d88\u9664\u6bd4\u7279\u5e63\u6ce2\u52d5\u300d\u4e4b\u89c0\u9ede\u7684\u91cd\u65b0\u5be9\u8996\uff0c\u4e5f\u53cd\u6620\u51fa\u9031\u671f\u4fee\u6b63\u7684\u898f\u5f8b\u4f9d\u7136\u5177\u5099\u5f37\u5927\u5f71\u97ff\u529b\u3002<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u6bd4\u7279\u5e63\u6b63\u5f9e\u55ae\u7d14\u7684\u7522\u91cf\u9a45\u52d5\u8f49\u5411\u5b8f\u89c0\u6d41\u52d5\u6027\u9a45\u52d5\uff0c\u73fe\u8ca8 ETF \u7684\u9ad8\u6d41\u52d5\u6027\u8b93\u6a5f\u69cb\u80fd\u5728\u7d93\u6fdf\u6ce2\u52d5\u6642\u5feb\u901f\u300c\u4e00\u9375\u6e05\u5009\u300d\uff0c\u9032\u800c\u52a0\u5287\u5e02\u5834\u7684\u6e05\u7b97\u529b\u9053\u3002<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u6295\u8cc7\u4eba\u61c9\u900f\u904e\u9577\u7dda\u5927\u6236\u7372\u5229\u6bd4\u4f8b\u3001ETF \u8cc7\u91d1\u9032\u51fa\u53ca\u7926\u5de5\u95dc\u6a5f\u5e63\u50f9\u7b49\u6578\u64da\u6307\u6a19\uff0c\u5ba2\u89c0\u5224\u65b7\u5e02\u5834\u662f\u8655\u65bc\u904e\u71b1\u5674\u767c\u6216\u662f\u89f8\u5e95\u652f\u6490\u968e\u6bb5\u3002<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u9762\u5c0d\u6a5f\u69cb\u6642\u4ee3\u7684\u9031\u671f\u8b8a\u5f62\uff0c\u61c9\u9078\u64c7 MaiCoin \u7b49\u6cd5\u9075\u5e73\u53f0\u4e26\u63a1\u53d6\u5b9a\u671f\u5b9a\u984d\uff08DCA\uff09\u7b56\u7565\uff0c\u4ee5\u7d00\u5f8b\u5316\u6295\u8cc7\u5c0d\u6297\u4eba\u6027\u8caa\u5a6a\u8207\u6050\u61fc\u5e36\u4f86\u7684\u6ce2\u52d5\u98a8\u96aa\u3002<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a6e98fc e-flex e-con-boxed e-con e-parent\" data-id=\"a6e98fc\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5f3bbc2 elementor-widget elementor-widget-text-editor\" data-id=\"5f3bbc2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 ez-toc-wrap-left counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"\u986f\u793a\/\u96b1\u85cf\u5167\u5bb9\u76ee\u9304\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/academy.qubic.app\/qubic-web3\/what-is-a-bitcoin-helving\/#%E4%BB%80%E9%BA%BC%E6%98%AF%E3%80%8C%E5%9B%9B%E5%B9%B4%E9%80%B1%E6%9C%9F%E3%80%8D%EF%BC%9F%E4%B8%80%E5%88%87%E6%BA%90%E6%96%BC%E6%AF%94%E7%89%B9%E5%B9%A3%E6%B8%9B%E5%8D%8A\" >\u4ec0\u9ebc\u662f\u300c\u56db\u5e74\u9031\u671f\u300d\uff1f\u4e00\u5207\u6e90\u65bc\u6bd4\u7279\u5e63\u6e1b\u534a<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/academy.qubic.app\/qubic-web3\/what-is-a-bitcoin-helving\/#%E6%AF%94%E7%89%B9%E5%B9%A3%E5%BE%9E_12_%E8%90%AC%E5%88%B0_6_%E8%90%AC%EF%BC%9A%E7%95%B6%E3%80%8C%E8%B6%85%E7%B4%9A%E5%BE%AA%E7%92%B0%E3%80%8D%E9%81%87%E4%B8%8A%E7%8F%BE%E5%AF%A6%E9%87%8D%E5%8A%9B\" >\u6bd4\u7279\u5e63\u5f9e 12 \u842c\u5230 6 \u842c\uff1a\u7576\u300c\u8d85\u7d1a\u5faa\u74b0\u300d\u9047\u4e0a\u73fe\u5be6\u91cd\u529b<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/academy.qubic.app\/qubic-web3\/what-is-a-bitcoin-helving\/#%E6%AF%94%E7%89%B9%E5%B9%A3%E6%B8%9B%E5%8D%8A%E6%95%88%E6%87%89%E8%B3%AA%E8%AE%8A%EF%BC%9A%E6%A9%9F%E6%A7%8B%E6%99%82%E4%BB%A3%E5%B0%87%E9%87%8D%E5%A1%91%E5%9B%9B%E5%B9%B4%E9%80%B1%E6%9C%9F%EF%BC%9F\" >\u6bd4\u7279\u5e63\u6e1b\u534a\u6548\u61c9\u8cea\u8b8a\uff1a\u6a5f\u69cb\u6642\u4ee3\u5c07\u91cd\u5851\u56db\u5e74\u9031\u671f\uff1f<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/academy.qubic.app\/qubic-web3\/what-is-a-bitcoin-helving\/#2026_%E5%B8%82%E5%A0%B4%E6%95%B8%E6%93%9A%E8%83%8C%E5%BE%8C%E7%9A%84%E9%9A%B1%E8%97%8F%E7%9C%9F%E7%9B%B8\" >2026 \u5e02\u5834\u6578\u64da\u80cc\u5f8c\u7684\u96b1\u85cf\u771f\u76f8<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/academy.qubic.app\/qubic-web3\/what-is-a-bitcoin-helving\/#%E9%8F%88%E4%B8%8A%E7%B1%8C%E7%A2%BC%E5%8B%95%E6%85%8B%EF%BC%9A%E8%A7%80%E5%AF%9F_LTH-SOPR_%E6%8C%87%E6%A8%99\" >\u93c8\u4e0a\u7c4c\u78bc\u52d5\u614b\uff1a\u89c0\u5bdf LTH-SOPR \u6307\u6a19<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/academy.qubic.app\/qubic-web3\/what-is-a-bitcoin-helving\/#%E6%A9%9F%E6%A7%8B%E8%B3%87%E9%87%91%E6%B5%81%E5%90%91%EF%BC%9A%E8%BF%BD%E8%B9%A4%E6%AF%94%E7%89%B9%E5%B9%A3%E7%8F%BE%E8%B2%A8_ETF_%E6%B7%A8%E6%B5%81%E5%87%BA\" >\u6a5f\u69cb\u8cc7\u91d1\u6d41\u5411\uff1a\u8ffd\u8e64\u6bd4\u7279\u5e63\u73fe\u8ca8 ETF \u6de8\u6d41\u51fa<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/academy.qubic.app\/qubic-web3\/what-is-a-bitcoin-helving\/#%E7%94%A2%E6%A5%AD%E6%94%AF%E6%92%90%E5%BA%95%E7%B7%9A%EF%BC%9A%E5%8F%83%E8%80%83%E6%AF%94%E7%89%B9%E5%B9%A3%E7%A4%A6%E5%B7%A5%E7%94%9F%E7%94%A2%E6%88%90%E6%9C%AC\" >\u7522\u696d\u652f\u6490\u5e95\u7dda\uff1a\u53c3\u8003\u6bd4\u7279\u5e63\u7926\u5de5\u751f\u7522\u6210\u672c<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/academy.qubic.app\/qubic-web3\/what-is-a-bitcoin-helving\/#%E7%82%BA%E4%BB%80%E9%BA%BC%E8%8F%AF%E7%88%BE%E8%A1%97%E7%88%AD%E7%9B%B8%E5%8F%83%E8%88%87%EF%BC%9F%E5%89%96%E6%9E%90%E6%A9%9F%E6%A7%8B%E7%9A%84%E3%80%8C%E7%AE%97%E7%9B%A4%E3%80%8D%E8%88%87%E6%9C%AC%E8%B3%AA\" >\u70ba\u4ec0\u9ebc\u83ef\u723e\u8857\u722d\u76f8\u53c3\u8207\uff1f\u5256\u6790\u6a5f\u69cb\u7684\u300c\u7b97\u76e4\u300d\u8207\u672c\u8cea<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/academy.qubic.app\/qubic-web3\/what-is-a-bitcoin-helving\/#2026_%E6%AF%94%E7%89%B9%E5%B9%A3%E7%94%9F%E5%AD%98%E6%8C%87%E5%8D%97%EF%BC%9A%E9%9C%87%E7%9B%AA%E8%A1%8C%E6%83%85%E5%A6%82%E4%BD%95%E7%AB%99%E7%A9%A9%E8%85%B3%E6%AD%A5%EF%BC%9F\" >2026 \u6bd4\u7279\u5e63\u751f\u5b58\u6307\u5357\uff1a\u9707\u76ea\u884c\u60c5\u5982\u4f55\u7ad9\u7a69\u8173\u6b65\uff1f<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"%E4%BB%80%E9%BA%BC%E6%98%AF%E3%80%8C%E5%9B%9B%E5%B9%B4%E9%80%B1%E6%9C%9F%E3%80%8D%EF%BC%9F%E4%B8%80%E5%88%87%E6%BA%90%E6%96%BC%E6%AF%94%E7%89%B9%E5%B9%A3%E6%B8%9B%E5%8D%8A\"><\/span><strong>\u4ec0\u9ebc\u662f\u300c\u56db\u5e74\u9031\u671f\u300d\uff1f\u4e00\u5207\u6e90\u65bc\u6bd4\u7279\u5e63\u6e1b\u534a<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><span style=\"font-weight: 400;\">\u60f3\u8981\u7406\u89e3\u6bd4\u7279\u5e63\u7684\u50f9\u683c\u898f\u5f8b\uff0c\u5c31\u5fc5\u9808\u5148\u8a8d\u8b58\u5b83\u7684\u6838\u5fc3\u8a2d\u8a08\uff1a\u6e1b\u534a\uff08Halving\uff09\u3002\u9019\u4e26\u975e\u5206\u6790\u5e2b\u7684\u9810\u6e2c\uff0c\u800c\u662f\u5beb\u5728\u7a0b\u5f0f\u78bc\u4e2d\u5982\u540c\u7269\u7406\u5b9a\u5f8b\u822c\u7684\u5f37\u5236\u898f\u7bc4\u3002\u70ba\u4e86\u6a21\u64ec\u9ec3\u91d1\u7684\u7a00\u7f3a\u6027\uff0c\u6bd4\u7279\u5e63\u5275\u59cb\u4eba\u4e2d\u672c\u8070\u8a2d\u5b9a\u6bcf\u7522\u751f 21 \u842c\u500b\u5340\u584a\uff08\u7d04\u56db\u5e74\uff09\uff0c\u767c\u653e\u7d66\u7926\u5de5\u7684\u734e\u52f5\u5c31\u6703\u300c\u780d\u534a\u300d\uff0c\u9019\u7a2e\u4eba\u70ba\u88fd\u9020\u7684\u4f9b\u61c9\u7dca\u7e2e\uff0c\u5f62\u6210\u4e86\u6240\u8b02\u7684\u56db\u5e74\u9031\u671f\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">\u56de\u9867\u6b77\u53f2\uff0c\u5f9e 2009 \u5e74\u5275\u4e16\u521d\u671f\u7684\u6bcf\u5340\u584a 50 <\/span><a href=\"https:\/\/max.maicoin.com\/trades\/btctwd\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">BTC<\/span><\/a><span style=\"font-weight: 400;\">\uff0c\u5230 2024 \u5e74\u56db\u5ea6\u6e1b\u534a\u5f8c\u7684 3.125 BTC\uff0c\u9019\u7a2e\u898f\u5f8b\u6027\u7684\u4f9b\u61c9\u65b7\u5c64\uff0c\u901a\u5e38\u6703\u5728\u6bd4\u7279\u5e63\u6e1b\u534a\u5f8c\u7684 12 \u5230 18 \u500b\u6708\u5167\u9a45\u52d5\u5e63\u50f9\u885d\u5411\u5dd4\u5cf0\u30022025 \u5e74 10 \u6708\uff0c\u6bd4\u7279\u5e63\u5275\u4e0b 126,272 \u7f8e\u5143 \u7684\u6b77\u53f2\u65b0\u9ad8\uff0c\u9019\u6bb5\u9a5a\u4eba\u7684\u6f32\u5e45\u518d\u6b21\u5370\u8b49\u4e86\u300c\u6e1b\u534a\u5f8c\u5fc5\u6709\u5927\u725b\u5e02\u300d\u7684\u50b3\u8aaa\u3002<\/span><\/p><table><tbody><tr><td><p><span style=\"font-weight: 400;\">\u5e74\u4efd<\/span><\/p><\/td><td><p><span style=\"font-weight: 400;\">\u6bd4\u7279\u5e63\u7522\u51fa<\/span><\/p><\/td><\/tr><tr><td><p><span style=\"font-weight: 400;\">2009 \u5e74\uff08\u5275\u4e16\uff09<\/span><\/p><\/td><td><p><span style=\"font-weight: 400;\">\u6bcf 10 \u5206\u9418\u7522\u51fa 50 BTC\u3002<\/span><\/p><\/td><\/tr><tr><td><p><span style=\"font-weight: 400;\">2012 \u5e74\uff08\u9996\u5ea6\u6bd4\u7279\u5e63\u6e1b\u534a\uff09<\/span><\/p><\/td><td><p><span style=\"font-weight: 400;\">\u7522\u51fa\u964d\u81f3 25 BTC\u3002<\/span><\/p><\/td><\/tr><tr><td><p><span style=\"font-weight: 400;\">2016 \u5e74\uff08\u4e8c\u5ea6\u6bd4\u7279\u5e63\u6e1b\u534a\uff09<\/span><\/p><\/td><td><p><span style=\"font-weight: 400;\">\u7522\u51fa\u964d\u81f3 12.5 BTC\u3002<\/span><\/p><\/td><\/tr><tr><td><p><span style=\"font-weight: 400;\">2020 \u5e74\uff08\u4e09\u5ea6\u6bd4\u7279\u5e63\u6e1b\u534a\uff09<\/span><\/p><\/td><td><p><span style=\"font-weight: 400;\">\u7522\u51fa\u964d\u81f3 6.25 BTC\u3002<\/span><\/p><\/td><\/tr><tr><td><p><span style=\"font-weight: 400;\">2024 \u5e74\uff08\u56db\u5ea6\u6bd4\u7279\u5e63\u6e1b\u534a\uff09<\/span><\/p><\/td><td><p><span style=\"font-weight: 400;\">\u7522\u51fa\u964d\u81f3 3.125 BTC\u3002<\/span><\/p><\/td><\/tr><\/tbody><\/table><p><span style=\"font-weight: 400;\"><br \/>\u5ef6\u4f38\u95b1\u8b80\uff1a<\/span><br \/><a href=\"https:\/\/www.qubic.app\/academy\/qubic-web3\/what-is-bitcoin\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">\u6bd4\u7279\u5e63\u662f\u4ec0\u9ebc\uff1f2026 \u65b0\u624b\u61f6\u4eba\u5305\uff5c\u5f9e\u5169\u584a\u62ab\u85a9\u5230\u50f9\u503c 300 \u5104\u53f0\u5e63\u7684\u50b3\u5947<\/span><\/a><br \/><a class=\"eael-grid-post-link\" title=\"\u5340\u584a\u93c8\u6280\u8853\u662f\u4ec0\u9ebc\uff1f\u6dfa\u8ac7\u9019\u9805\u6539\u8b8a\u4e16\u754c\u7684\u6280\u8853\uff5c\u5340\u584a\u93c8\u7c21\u55ae\u8aaa\" href=\"https:\/\/www.qubic.app\/academy\/qubic-web3\/blockchain\/\" target=\"_blank\" rel=\"noopener\">\u5340\u584a\u93c8\u6280\u8853\u662f\u4ec0\u9ebc\uff1f\u6dfa\u8ac7\u9019\u9805\u6539\u8b8a\u4e16\u754c\u7684\u6280\u8853\uff5c\u5340\u584a\u93c8\u7c21\u55ae\u8aaa<\/a><a href=\"https:\/\/www.qubic.app\/academy\/qubic-web3\/what-is-bitcoin\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\"><br \/><\/span><\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-778fd8d e-flex e-con-boxed e-con e-parent\" data-id=\"778fd8d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1457928 elementor-widget elementor-widget-eael-adv-accordion\" data-id=\"1457928\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"eael-adv-accordion.default\">\n\t\t\t\t\t            <div class=\"eael-adv-accordion\" id=\"eael-adv-accordion-1457928\" data-scroll-on-click=\"no\" data-scroll-speed=\"300\" data-accordion-id=\"1457928\" data-accordion-type=\"accordion\" data-toogle-speed=\"300\">\n            <div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"1\" aria-controls=\"elementor-tab-content-2131\"><span class=\"eael-advanced-accordion-icon-closed\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-advanced-accordion-icon-opened\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-accordion-tab-title\">\u6578\u64da\u4f86\u6e90<\/span><svg aria-hidden=\"true\" class=\"fa-toggle e-font-icon-svg e-fas-angle-right\" viewBox=\"0 0 256 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M224.3 273l-136 136c-9.4 9.4-24.6 9.4-33.9 0l-22.6-22.6c-9.4-9.4-9.4-24.6 0-33.9l96.4-96.4-96.4-96.4c-9.4-9.4-9.4-24.6 0-33.9L54.3 103c9.4-9.4 24.6-9.4 33.9 0l136 136c9.5 9.4 9.5 24.6.1 34z\"><\/path><\/svg><\/div><div id=\"elementor-tab-content-2131\" class=\"eael-accordion-content clearfix\" data-tab=\"1\" aria-labelledby=\"\"><p><a href=\"https:\/\/bitcoin.org\/bitcoin.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">Bitcoin Whitepaper<\/span><\/a><span style=\"font-weight: 400\">\uff1b<\/span><a href=\"https:\/\/www.ishares.com\/us\/insights\/what-is-the-bitcoin-halving\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">The Bitcoin halving: What is it? And why does it matter?<\/span><\/a><\/p><\/div>\n\t\t\t\t\t<\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-aa1c430 e-flex e-con-boxed e-con e-parent\" data-id=\"aa1c430\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f43b4fa elementor-widget elementor-widget-text-editor\" data-id=\"f43b4fa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h2><span class=\"ez-toc-section\" id=\"%E6%AF%94%E7%89%B9%E5%B9%A3%E5%BE%9E_12_%E8%90%AC%E5%88%B0_6_%E8%90%AC%EF%BC%9A%E7%95%B6%E3%80%8C%E8%B6%85%E7%B4%9A%E5%BE%AA%E7%92%B0%E3%80%8D%E9%81%87%E4%B8%8A%E7%8F%BE%E5%AF%A6%E9%87%8D%E5%8A%9B\"><\/span>\u6bd4\u7279\u5e63\u5f9e 12 \u842c\u5230 6 \u842c\uff1a\u7576\u300c\u8d85\u7d1a\u5faa\u74b0\u300d\u9047\u4e0a\u73fe\u5be6\u91cd\u529b<span class=\"ez-toc-section-end\"><\/span><\/h2><p><span style=\"font-weight: 400;\">\u5728\u5e63\u50f9\u7a81\u7834 12 \u842c\u7f8e\u5143\u4e4b\u969b\uff0c\u5e02\u5834\u5145\u6eff\u4e86\u300c\u9019\u6b21\u4e0d\u4e00\u6a23\u300d\u7684\u6a02\u89c0\u6c1b\u570d\u3002\u7576\u6642 Bitwise \u7b49\u6a5f\u69cb\u8a8d\u70ba\uff0c\u96a8\u8457\u6bd4\u7279\u5e63\u73fe\u8ca8 ETF \u7684\u5408\u6cd5\u5316\uff0c\u5927\u91cf\u9577\u7dda\u8cc7\u91d1\u5df2\u6210\u70ba\u5e02\u5834\u7684\u907f\u9707\u5668\uff0c\u6ce2\u52d5\u6027\u5c07\u5927\u5e45\u4e0b\u964d\uff0c\u751a\u81f3\u63d0\u51fa\u6bd4\u7279\u5e63\u5df2\u9032\u5165\u300c\u4e0d\u518d\u66b4\u8dcc\u300d\u7684\u8d85\u7d1a\u5faa\u74b0\uff08Supercycle\uff09\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">\u7136\u800c\uff0c2026 \u5e74 2 \u6708\u7684\u73fe\u5be6\u537b\u6975\u70ba\u6b98\u9177\u3002\u6bd4\u7279\u5e63\u5728\u77ed\u6642\u9593\u5167\u91cd\u632b 50%\uff0c\u4e00\u5ea6\u8dcc\u7834 60,000 \u7f8e\u5143 \u5927\u95dc\u3002\u9019\u5834\u5927\u8dcc\u4e0d\u50c5\u6e05\u7b97\u4e86\u8d85\u904e 20 \u5104\u7f8e\u5143\u7684\u69d3\u687f\u5009\u4f4d\uff0c\u4e5f\u6233\u7834\u4e86\u300c\u6a5f\u69cb\u5316\u80fd\u6d88\u9664\u6ce2\u52d5\u300d\u7684\u5e7b\u8c61\u3002\u4e8b\u5be6\u8b49\u660e\uff0c12 \u842c\u7f8e\u5143\u7684\u9ad8\u9ede\u96d6\u7136\u5370\u8b49\u4e86\u4f9b\u61c9\u7a00\u7f3a\u7684\u529b\u91cf\uff0c\u4f46\u96a8\u5f8c\u7684\u8170\u65ac\u5247\u7121\u60c5\u5730\u5ba3\u544a\uff1a\u6bd4\u7279\u5e63\u7684\u9031\u671f\u6027\u4fee\u6b63\u5287\u672c\uff0c\u4f9d\u7136\u64c1\u6709\u5f37\u5927\u7684\u91cd\u529b\u3002<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5889a4f e-flex e-con-boxed e-con e-parent\" data-id=\"5889a4f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7d5ca3a elementor-widget elementor-widget-eael-adv-accordion\" data-id=\"7d5ca3a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"eael-adv-accordion.default\">\n\t\t\t\t\t            <div class=\"eael-adv-accordion\" id=\"eael-adv-accordion-7d5ca3a\" data-scroll-on-click=\"no\" data-scroll-speed=\"300\" data-accordion-id=\"7d5ca3a\" data-accordion-type=\"accordion\" data-toogle-speed=\"300\">\n            <div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"1\" aria-controls=\"elementor-tab-content-1311\"><span class=\"eael-advanced-accordion-icon-closed\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-advanced-accordion-icon-opened\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-accordion-tab-title\">\u53c3\u8003\u8cc7\u6599<\/span><svg aria-hidden=\"true\" class=\"fa-toggle e-font-icon-svg e-fas-angle-right\" viewBox=\"0 0 256 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M224.3 273l-136 136c-9.4 9.4-24.6 9.4-33.9 0l-22.6-22.6c-9.4-9.4-9.4-24.6 0-33.9l96.4-96.4-96.4-96.4c-9.4-9.4-9.4-24.6 0-33.9L54.3 103c9.4-9.4 24.6-9.4 33.9 0l136 136c9.5 9.4 9.5 24.6.1 34z\"><\/path><\/svg><\/div><div id=\"elementor-tab-content-1311\" class=\"eael-accordion-content clearfix\" data-tab=\"1\" aria-labelledby=\"\"><p><a href=\"https:\/\/research.grayscale.com\/reports\/2024-halving-this-time-its-actually-different\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">2024 Halving: This Time It\u2019s Actually Different<\/span><\/a><span style=\"font-weight: 400\">\uff1b<\/span><a href=\"https:\/\/bitwiseinvestments.com\/crypto-market-insights\/the-year-ahead-10-crypto-predictions-for-2026\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">The Year Ahead: 10 Crypto Predictions for 2026<\/span><\/a><\/p><\/div>\n\t\t\t\t\t<\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-cdbf8e3 e-flex e-con-boxed e-con e-parent\" data-id=\"cdbf8e3\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-49856da elementor-widget elementor-widget-text-editor\" data-id=\"49856da\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h2><span class=\"ez-toc-section\" id=\"%E6%AF%94%E7%89%B9%E5%B9%A3%E6%B8%9B%E5%8D%8A%E6%95%88%E6%87%89%E8%B3%AA%E8%AE%8A%EF%BC%9A%E6%A9%9F%E6%A7%8B%E6%99%82%E4%BB%A3%E5%B0%87%E9%87%8D%E5%A1%91%E5%9B%9B%E5%B9%B4%E9%80%B1%E6%9C%9F%EF%BC%9F\"><\/span><strong>\u6bd4\u7279\u5e63\u6e1b\u534a\u6548\u61c9\u8cea\u8b8a\uff1a\u6a5f\u69cb\u6642\u4ee3\u5c07\u91cd\u5851\u56db\u5e74\u9031\u671f\uff1f<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><span style=\"font-weight: 400;\">\u5118\u7ba1 2 \u6708\u7684\u8d70\u52e2\u4ee4\u4eba\u5fc3\u9a5a\uff0c\u4f46\u6211\u5011\u4e0d\u80fd\u5426\u8a8d\u300c\u6a5f\u69cb\u6642\u4ee3\u300d\u78ba\u5be6\u6539\u8b8a\u4e86\u9031\u671f\u7684\u7279\u8cea\u3002\u76ee\u524d\u7684\u6bd4\u7279\u5e63\u6b63\u5f9e\u55ae\u7d14\u7684\u300c\u7522\u91cf\u9a45\u52d5\u300d\u8f49\u5411\u66f4\u8907\u96dc\u7684\u300c\u5b8f\u89c0\u6d41\u52d5\u6027\u9a45\u52d5\u300d\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">\u300aMorningstar\u300b \u5728<\/span><a href=\"https:\/\/www.morningstar.com\/news\/marketwatch\/20260207133\/bitcoins-50-plunge-from-highs-hurts-a-little-but-it-isnt-shaking-these-investors-conviction\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">\u5206\u6790<\/span><\/a><span style=\"font-weight: 400;\">\u4e2d\u6307\u51fa\uff0c\u9019\u5834 50% \u7684\u5d29\u76e4\u5c0d\u65bc\u8a31\u591a\u65b0\u9032\u5834\u7684\u73fe\u8ca8 ETF \u6295\u8cc7\u8005\u4f86\u8aaa\u6975\u70ba\u75db\u82e6\uff0c\u5b83\u6233\u7834\u4e86\u6bd4\u7279\u5e63\u80fd\u4f5c\u70ba\u7a69\u5b9a\u907f\u96aa\u8cc7\u7522\u7684\u8ff7\u601d\u3002\u9019\u610f\u5473\u8457\u6bd4\u7279\u5e63\u73fe\u5728\u66f4\u5bb9\u6613\u53d7\u5230\u806f\u6e96\u6703\u5229\u7387\u8def\u5f91\u8207\u5168\u7403\u6d41\u52d5\u6027\u6536\u7e2e\u7684\u885d\u64ca\uff0c\u5176\u300c\u91ce\u6027\u300d\u4e26\u672a\u56e0\u70ba\u83ef\u723e\u8857\u8cc7\u91d1\u7684\u6ce8\u5165\u800c\u6d88\u5931\u3002<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-aea1082 e-flex e-con-boxed e-con e-parent\" data-id=\"aea1082\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6f9f3e0 elementor-widget elementor-widget-image\" data-id=\"6f9f3e0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/i0.wp.com\/academy.qubic.app\/wp-content\/uploads\/2026\/02\/bticoin-price.png?fit=1024%2C512&amp;ssl=1\" class=\"attachment-large size-large wp-image-29231\" alt=\"\u6bd4\u7279\u5e63\u50f9\u683c\u6ce2\u52d5\" srcset=\"https:\/\/i0.wp.com\/academy.qubic.app\/wp-content\/uploads\/2026\/02\/bticoin-price.png?w=1200&amp;ssl=1 1200w, https:\/\/i0.wp.com\/academy.qubic.app\/wp-content\/uploads\/2026\/02\/bticoin-price.png?resize=300%2C150&amp;ssl=1 300w, https:\/\/i0.wp.com\/academy.qubic.app\/wp-content\/uploads\/2026\/02\/bticoin-price.png?resize=1024%2C512&amp;ssl=1 1024w, https:\/\/i0.wp.com\/academy.qubic.app\/wp-content\/uploads\/2026\/02\/bticoin-price.png?resize=768%2C384&amp;ssl=1 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d42b76f e-flex e-con-boxed e-con e-parent\" data-id=\"d42b76f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5c44abd elementor-widget elementor-widget-text-editor\" data-id=\"5c44abd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h2><span class=\"ez-toc-section\" id=\"2026_%E5%B8%82%E5%A0%B4%E6%95%B8%E6%93%9A%E8%83%8C%E5%BE%8C%E7%9A%84%E9%9A%B1%E8%97%8F%E7%9C%9F%E7%9B%B8\"><\/span><strong>2026 \u5e02\u5834\u6578\u64da\u80cc\u5f8c\u7684\u96b1\u85cf\u771f\u76f8<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><span style=\"font-weight: 400;\">\u5728\u300c<a href=\"https:\/\/www.qubic.app\/academy\/qubic-web3\/buy-bitcoin-legally-taiwan\/\" target=\"_blank\" rel=\"noopener\">\u6bd4\u7279\u5e63<\/a>\u5927\u8dcc\u300d\u7684\u5e02\u5834\u60c5\u7dd2\u4e2d\uff0c\u6295\u8cc7\u4eba\u53ef\u900f\u904e\u93c8\u4e0a\u6307\u6a19\u8207\u6a5f\u69cb\u52d5\u614b\uff0c\u5ba2\u89c0\u91d0\u6e05\uff1a\u9019\u7a76\u7adf\u662f\u8da8\u52e2\u7684\u8f49\u5411\uff0c\u9084\u662f\u9031\u671f\u7684\u63db\u624b\u904e\u7a0b\uff1f\u4ee5\u4e0b\u70ba\u4e09\u5927\u6838\u5fc3\u6578\u64da\u89c0\u6e2c\uff1a<\/span><\/p><h3><span class=\"ez-toc-section\" id=\"%E9%8F%88%E4%B8%8A%E7%B1%8C%E7%A2%BC%E5%8B%95%E6%85%8B%EF%BC%9A%E8%A7%80%E5%AF%9F_LTH-SOPR_%E6%8C%87%E6%A8%99\"><\/span><strong>\u93c8\u4e0a\u7c4c\u78bc\u52d5\u614b\uff1a\u89c0\u5bdf LTH-SOPR \u6307\u6a19<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p><span style=\"font-weight: 400;\">\u7576\u6bd4\u7279\u5e63\u89f8\u53ca 12 \u842c\u7f8e\u5143\u9ad8\u4f4d\u6642\uff0c\u6839\u64da <\/span><a href=\"https:\/\/glassnode.com\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">Glassnode<\/span><\/a><span style=\"font-weight: 400;\"> \u6578\u64da\u986f\u793a\uff0c\u9577\u671f\u6301\u6709\u8005\uff08HODLers\uff09\u7684\u7372\u5229\u4e86\u7d50\u6bd4\u4f8b (LTH-SOPR) \u9054\u5230\u968e\u6bb5\u6027\u9ad8\u9ede\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">\u767d\u8a71\u4f86\u8aaa\uff0c\u9019\u4ee3\u8868\u6301\u5e63\u5df2\u4e45\u7684\u300c\u9577\u7dda\u5927\u6236\u300d\u6b63\u96c6\u9ad4\u8d81\u9ad8\u4f4d\u5165\u888b\u70ba\u5b89\u3002\u5f9e\u6559\u80b2\u89d2\u5ea6\u89c0\u6e2c\uff0c\u7576 <a href=\"https:\/\/docs.glassnode.com\/guides-and-tutorials\/metric-guides\/sopr\/lth-sopr\" target=\"_blank\" rel=\"nofollow noopener\">LTH-SOPR<\/a> \u6307\u6a19\u9060\u5927\u65bc 1\uff0c\u53cd\u6620\u51fa\u5e02\u5834\u7c4c\u78bc\u6b63\u5f9e\u5805\u5b9a\u6301\u6709\u8005\u8f49\u5411\u77ed\u671f\u6295\u6a5f\u8005\uff0c\u9019\u985e\u300c\u63db\u624b\u300d\u904e\u7a0b\u901a\u5e38\u4f34\u96a8\u8457\u5e02\u5834\u6ce2\u52d5\u52a0\u5287\uff0c\u662f\u5224\u65b7\u904e\u71b1\u98a8\u96aa\u7684\u91cd\u8981\u53c3\u8003\u3002<\/span><\/p><h3><span class=\"ez-toc-section\" id=\"%E6%A9%9F%E6%A7%8B%E8%B3%87%E9%87%91%E6%B5%81%E5%90%91%EF%BC%9A%E8%BF%BD%E8%B9%A4%E6%AF%94%E7%89%B9%E5%B9%A3%E7%8F%BE%E8%B2%A8_ETF_%E6%B7%A8%E6%B5%81%E5%87%BA\"><\/span><span style=\"font-weight: 400;\">\u6a5f\u69cb\u8cc7\u91d1\u6d41\u5411\uff1a\u8ffd\u8e64\u6bd4\u7279\u5e63\u73fe\u8ca8 ETF \u6de8\u6d41\u51fa<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3><p><span style=\"font-weight: 400;\">\u4e0d\u540c\u65bc\u4ee5\u5f80\u7684\u6563\u6236\u6050\u614c\uff0c2026 \u5e74 2 \u6708\u7684\u5e02\u5834\u6ce2\u52d5\u4e2d\uff0c\u300c\u6bd4\u7279\u5e63\u73fe\u8ca8 ETF\u300d\u7684\u6de8\u6d41\u51fa\u6578\u64da\u6210\u70ba\u89c0\u5bdf\u91cd\u9ede\u3002\u6a5f\u69cb\u8cc7\u91d1\u7684\u64a4\u51fa\u5f80\u5f80\u5177\u5099\u9023\u9396\u6548\u61c9\uff0c\u5176\u5f15\u767c\u7684\u6e05\u7b97\u53cd\u61c9\u53ef\u80fd\u8f03\u4ee5\u5f80\u66f4\u70ba\u8fc5\u901f\u3002\u900f\u904e\u8ffd\u8e64 <\/span><a href=\"https:\/\/www.coinglass.com\/zh-TW\/etf\/bitcoin\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Coinglass<\/span><\/a><span style=\"font-weight: 400;\"> \u7b49\u7b2c\u4e09\u65b9\u7d71\u8a08\uff0c\u6295\u8cc7\u4eba\u80fd\u66f4\u7406\u6027\u5730\u5224\u65b7\u6cd5\u4eba\u6a5f\u69cb\u5c0d\u65bc\u7576\u524d\u50f9\u683c\u98a8\u96aa\u7684\u8a55\u4f30\u3002<\/span><\/p><h3><span class=\"ez-toc-section\" id=\"%E7%94%A2%E6%A5%AD%E6%94%AF%E6%92%90%E5%BA%95%E7%B7%9A%EF%BC%9A%E5%8F%83%E8%80%83%E6%AF%94%E7%89%B9%E5%B9%A3%E7%A4%A6%E5%B7%A5%E7%94%9F%E7%94%A2%E6%88%90%E6%9C%AC\"><\/span><span style=\"font-weight: 400;\">\u7522\u696d\u652f\u6490\u5e95\u7dda\uff1a\u53c3\u8003\u6bd4\u7279\u5e63\u7926\u5de5\u751f\u7522\u6210\u672c<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3><p><span style=\"font-weight: 400;\">\u96a8\u8457 2024 \u5e74\u6bd4\u7279\u5e63\u6e1b\u534a\u5f8c\u6316\u7926\u96e3\u5ea6\u8207\u96fb\u529b\u6210\u672c\u4e0a\u5347\uff0cCoinShares \u7814\u7a76\u5831\u544a\u6307\u51fa\uff0c\u7576\u6bd4\u7279\u5e63\u56de\u843d\u81f3 6 \u842c\u7f8e\u5143\u9644\u8fd1\u6642\uff0c\u5df2\u903c\u8fd1\u591a\u6578\u5927\u578b\u7926\u5834\u7684\u300c\u95dc\u6a5f\u5e63\u50f9\u300d\u3002\u5728\u6b77\u53f2\u6578\u64da\u89c0\u6e2c\u4e2d\uff0c\u751f\u7522\u6210\u672c\u5340\u9593\u901a\u5e38\u6703\u5c0d\u5e02\u5834\u5fc3\u7406\u5f62\u6210\u6280\u8853\u6027\u652f\u6490\uff0c\u4f46\u5177\u9ad4\u8d70\u52e2\u4ecd\u9700\u8996\u6574\u9ad4\u6d41\u52d5\u6027\u800c\u5b9a\uff0c\u5efa\u8b70\u8b80\u8005\u4ea4\u53c9\u6bd4\u5c0d\u4e0d\u540c\u6578\u64da\u6e90\u3002<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d1aa664 e-con-full e-flex e-con e-child\" data-id=\"d1aa664\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9f4711a elementor-widget elementor-widget-image\" data-id=\"9f4711a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"488\" src=\"https:\/\/i0.wp.com\/academy.qubic.app\/wp-content\/uploads\/2026\/02\/Bitcoin-Long-Term-Holder-SOPR-LTH-SOPR-1.png?fit=1024%2C488&amp;ssl=1\" class=\"attachment-large size-large wp-image-29238\" alt=\"Bitcoin Long Term Holder SOPR (LTH-SOPR)\" srcset=\"https:\/\/i0.wp.com\/academy.qubic.app\/wp-content\/uploads\/2026\/02\/Bitcoin-Long-Term-Holder-SOPR-LTH-SOPR-1.png?w=1342&amp;ssl=1 1342w, https:\/\/i0.wp.com\/academy.qubic.app\/wp-content\/uploads\/2026\/02\/Bitcoin-Long-Term-Holder-SOPR-LTH-SOPR-1.png?resize=300%2C143&amp;ssl=1 300w, https:\/\/i0.wp.com\/academy.qubic.app\/wp-content\/uploads\/2026\/02\/Bitcoin-Long-Term-Holder-SOPR-LTH-SOPR-1.png?resize=1024%2C488&amp;ssl=1 1024w, https:\/\/i0.wp.com\/academy.qubic.app\/wp-content\/uploads\/2026\/02\/Bitcoin-Long-Term-Holder-SOPR-LTH-SOPR-1.png?resize=768%2C366&amp;ssl=1 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">\uff08\u8cc7\u6599\u4f86\u6e90\uff1aGlassnode\uff09<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1ac2f92 e-flex e-con-boxed e-con e-parent\" data-id=\"1ac2f92\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-8cf3b8d e-con-full e-flex e-con e-child\" data-id=\"8cf3b8d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-20841c2 elementor-widget elementor-widget-text-editor\" data-id=\"20841c2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">LTH-SOPR \u7684\u5168\u7a31\u662f Long Term Holder Spent Output Profit Ratio\u3002\u9019\u500b\u6307\u6a19\u7684\u4e2d\u8b6f\u901a\u5e38\u70ba\u300c\u9577\u671f\u6301\u6709\u8005\u652f\u51fa\u5229\u6f64\u7387\u300d\u3002\u770b\u9019\u5f35\u5716\u8868\u6642\uff0c\u8acb\u5148\u627e\u5230\u6578\u503c \u300c1\u300d \u9019\u6839\u6c34\u5e73\u57fa\u6e96\u7dda\uff0c\u5b83\u662f\u5224\u65b7\u5e02\u5834\u60c5\u7dd2\u7684\u7d05\u7da0\u71c8\uff1a<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u7576\u6578\u503c &gt; 1 (\u7da0\u7dda\u9ad8\u65bc\u57fa\u6e96\u7dda)\uff1a \u4ee3\u8868\u9577\u671f\u6301\u6709\u8005\u6b63\u8655\u65bc\u300c\u7372\u5229\u300d\u72c0\u614b\u3002\u6578\u503c\u8d8a\u9ad8\uff0c\u4ee3\u8868\u8001\u624b\u8ce3\u5e63\u7372\u5229\u7684\u7a0b\u5ea6\u8d8a\u8a87\u5f35\uff0c\u901a\u5e38\u6697\u793a\u5e02\u5834\u904e\u71b1\uff0c\u751a\u81f3\u53ef\u80fd\u50cf 2026 \u5e74\u521d\u90a3\u6a23\u5f15\u767c\u56de\u6e2c\u3002<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u7576\u6578\u503c &lt; 1 (\u7da0\u7dda\u4f4e\u65bc\u57fa\u6e96\u7dda)\uff1a \u4ee3\u8868\u9577\u671f\u6301\u6709\u8005\u6b63\u5728\u300c\u8667\u640d\u300d\u8ce3\u5e63\u3002\u9019\u901a\u5e38\u51fa\u73fe\u5728\u5e02\u5834\u6975\u5ea6\u7d55\u671b\u7684\u5e95\u90e8\uff0c\u7576\u9023\u6700\u6709\u8010\u5fc3\u7684\u8001\u624b\u90fd\u958b\u59cb\u300c\u5272\u8089\u96e2\u5834\u300d\u6642\uff0c\u5f80\u5f80\u96e2\u5e02\u5834\u5e95\u90e8\u4e5f\u4e0d\u9060\u4e86\u3002<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u8207\u5e63\u50f9\u7684\u9023\u52d5\uff1a \u6307\u6578\u7684\u5c16\u5cf0\uff08\u5982\u5716\u4e2d 2025 \u5e74\u672b\u7684\u7da0\u8272\u7a81\u8d77\uff09\u901a\u5e38\u5c0d\u61c9\u8457\u5e63\u50f9\u7684\u9ad8\u9ede\uff1b\u7576\u6307\u6578\u56de\u843d\u81f3 1 \u9644\u8fd1\uff0c\u5247\u986f\u793a\u5e02\u5834\u6ce1\u6cab\u5df2\u9010\u6f38\u6d17\u6de8\uff0c\u7c4c\u78bc\u91cd\u56de\u51b7\u975c\u671f\u3002<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">\u5ef6\u4f38\u95b1\u8b80\uff1a<\/span><span style=\"font-weight: 400;\"><br \/><\/span><a href=\"https:\/\/www.qubic.app\/academy\/qubictrends\/what-is-bitcoin-etf\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">2026 \u6bd4\u7279\u5e63 ETF \u53f0\u7063\u600e\u9ebc\u8cb7\uff1f\u76f4\u63a5\u8cb7\u5e63 vs ETF \u512a\u7f3a\u9ede\u8207\u98a8\u96aa\u89e3\u6790<\/span><\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a70f6b8 elementor-widget elementor-widget-eael-adv-accordion\" data-id=\"a70f6b8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"eael-adv-accordion.default\">\n\t\t\t\t\t            <div class=\"eael-adv-accordion\" id=\"eael-adv-accordion-a70f6b8\" data-scroll-on-click=\"no\" data-scroll-speed=\"300\" data-accordion-id=\"a70f6b8\" data-accordion-type=\"accordion\" data-toogle-speed=\"300\">\n            <div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"1\" aria-controls=\"elementor-tab-content-1751\"><span class=\"eael-advanced-accordion-icon-closed\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-advanced-accordion-icon-opened\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-accordion-tab-title\">\u8cc7\u6599\u4f86\u6e90<\/span><svg aria-hidden=\"true\" class=\"fa-toggle e-font-icon-svg e-fas-angle-right\" viewBox=\"0 0 256 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M224.3 273l-136 136c-9.4 9.4-24.6 9.4-33.9 0l-22.6-22.6c-9.4-9.4-9.4-24.6 0-33.9l96.4-96.4-96.4-96.4c-9.4-9.4-9.4-24.6 0-33.9L54.3 103c9.4-9.4 24.6-9.4 33.9 0l136 136c9.5 9.4 9.5 24.6.1 34z\"><\/path><\/svg><\/div><div id=\"elementor-tab-content-1751\" class=\"eael-accordion-content clearfix\" data-tab=\"1\" aria-labelledby=\"\"><p><a href=\"https:\/\/researchblog.coinshares.com\/coinshares-bitcoin-mining-report-q4-2025-6ec054d71554\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">CoinShares Bitcoin Mining Report Q4 2025<\/span><\/a><\/p><\/div>\n\t\t\t\t\t<\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6496489 e-flex e-con-boxed e-con e-parent\" data-id=\"6496489\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-aae014f elementor-widget elementor-widget-text-editor\" data-id=\"aae014f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h2><span class=\"ez-toc-section\" id=\"%E7%82%BA%E4%BB%80%E9%BA%BC%E8%8F%AF%E7%88%BE%E8%A1%97%E7%88%AD%E7%9B%B8%E5%8F%83%E8%88%87%EF%BC%9F%E5%89%96%E6%9E%90%E6%A9%9F%E6%A7%8B%E7%9A%84%E3%80%8C%E7%AE%97%E7%9B%A4%E3%80%8D%E8%88%87%E6%9C%AC%E8%B3%AA\"><\/span><strong>\u70ba\u4ec0\u9ebc\u83ef\u723e\u8857\u722d\u76f8\u53c3\u8207\uff1f\u5256\u6790\u6a5f\u69cb\u7684\u300c\u7b97\u76e4\u300d\u8207\u672c\u8cea<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><span style=\"font-weight: 400;\">\u7576\u6211\u5011\u770b\u5230\u6bd4\u7279\u5e63\u5927\u8dcc\u6642\u6a5f\u69cb\u5e36\u982d\u64a4\u9000\uff0c\u53ef\u80fd\u6703\u89ba\u5f97\u4ed6\u5011\u53ea\u662f\u5728\u6295\u6a5f\uff0c\u4f46\u5176\u5be6\u6a5f\u69cb\u53c3\u8207\u6301\u6709\u6bd4\u7279\u5e63\u73fe\u8ca8 ETF \u7684\u52d5\u6a5f\u6bd4\u6563\u6236\u60f3\u50cf\u4e2d\u66f4\u70ba\u6df1\u5c64\u3002\u7406\u89e3\u6a5f\u69cb\u7684\u672c\u8cea\uff0c\u80fd\u5e6b\u52a9\u4f60\u5728\u9707\u76ea\u4e2d\u4fdd\u6301\u7406\u6027\uff1a<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u591a\u6a23\u6027\u7684\u8cc7\u7522\u914d\u7f6e\uff1a \u5c0d\u65bc\u8a31\u591a\u5927\u578b\u57fa\u91d1\uff08\u5982\u9000\u4f11\u57fa\u91d1\u6216\u58fd\u96aa\uff09\u4f86\u8aaa\uff0c\u53d7\u9650\u65bc\u6cd5\u898f\uff0c\u6295\u8cc7\u6a19\u7684\u6709\u9650\u3002<\/span><a href=\"https:\/\/www.qubic.app\/academy\/qubictrends\/what-is-bitcoin-etf\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">\u73fe\u8ca8 ETF<\/span><\/a><span style=\"font-weight: 400;\"> \u70ba\u6a5f\u69cb\u63d0\u4f9b\u4e86\u4e00\u500b\u7b26\u5408\u65e2\u6709\u6295\u8cc7\u898f\u7bc4\u7684\u7ba1\u9053\uff0c\u8b93\u5176\u80fd\u5728\u50b3\u7d71\u914d\u7f6e\u67b6\u69cb\u4e0b\uff0c\u5c07\u6bd4\u7279\u5e63\u7d0d\u5165\u8cc7\u7522\u6e05\u55ae\uff0c\u5229\u7528\u5176\u985e\u4f3c\u300c\u6578\u4f4d\u9ec3\u91d1\u300d\u7684\u7279\u6027\u4f86\u512a\u5316\u6295\u8cc7\u7d44\u5408\u7684\u591a\u6a23\u6027\u3002\u00a0<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u9ad8\u6d41\u52d5\u6027\uff1a\u900f\u904e ETF \uff0c\u6a5f\u69cb\u80fd\u5728\u50b3\u7d71\u4ea4\u6613\u6240\u50cf\u8cb7\u8ce3\u80a1\u7968\u4e00\u6a23\u5feb\u901f\u64cd\u4f5c\u6bd4\u7279\u5e63\u3002\u9019\u7a2e\u6975\u9ad8\u7684\u4fbf\u5229\u6027\u96d6\u7136\u5438\u5f15\u4e86\u6578\u5341\u5104\u7f8e\u5143\u9032\u5834\uff0c\u4f46\u4e5f\u610f\u5473\u8457\u7576\u5168\u7403\u7d93\u6fdf\u51fa\u73fe\u98a8\u5439\u8349\u52d5\u6642\uff0c\u6a5f\u69cb\u80fd\u300c\u4e00\u9375\u6e05\u5009\u300d\u56de\u88dc\u73fe\u91d1\uff0c\u9019\u6b63\u662f 2026 \u5e74 2 \u6708\u6e05\u7b97\u53cd\u61c9\u5982\u6b64\u5287\u70c8\u7684\u4e3b\u56e0\u3002<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u5f9e\u300c\u4fe1\u4ef0\u300d\u8f49\u5411\u300c\u7b56\u7565\u300d\uff1a \u4e0d\u540c\u65bc\u6563\u6236\u7684\u9577\u671f\u4fe1\u4ef0\uff0c\u6a5f\u69cb\u66f4\u770b\u91cd\u8cc7\u7522\u9593\u7684\u76f8\u95dc\u6027\u3002\u7576\u6bd4\u7279\u5e63\u73fe\u50f9\u8868\u73fe\u5f97\u50cf\u9ad8\u98a8\u96aa\u79d1\u6280\u80a1\u6642\uff0c\u6a5f\u69cb\u6703\u5c07\u5176\u8996\u70ba\u98a8\u96aa\u6027\u6307\u6a19\u3002\u4e00\u65e6\u5b8f\u89c0\u74b0\u5883\u8f49\u5411\uff08\u5982\u806f\u6e96\u6703\u5229\u7387\u7dad\u6301\u9ad8\u6a94\uff09\uff0c\u6a5f\u69cb\u6703\u512a\u5148\u780d\u6389\u6ce2\u52d5\u6027\u6700\u9ad8\u7684\u8cc7\u7522\uff0c\u9019\u624d\u5c0e\u81f4\u4e86\u539f\u672c\u300c\u907f\u98a8\u6e2f\u300d\u5e7b\u8c61\u7684\u66ab\u6642\u6d88\u5931\u3002<\/span><\/li><\/ul><p>\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5167374 e-flex e-con-boxed e-con e-parent\" data-id=\"5167374\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8fec492 elementor-widget elementor-widget-eael-adv-accordion\" data-id=\"8fec492\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"eael-adv-accordion.default\">\n\t\t\t\t\t            <div class=\"eael-adv-accordion\" id=\"eael-adv-accordion-8fec492\" data-scroll-on-click=\"no\" data-scroll-speed=\"300\" data-accordion-id=\"8fec492\" data-accordion-type=\"accordion\" data-toogle-speed=\"300\">\n            <div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"1\" aria-controls=\"elementor-tab-content-1501\"><span class=\"eael-advanced-accordion-icon-closed\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-advanced-accordion-icon-opened\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-accordion-tab-title\">\u8cc7\u6599\u4f86\u6e90<\/span><svg aria-hidden=\"true\" class=\"fa-toggle e-font-icon-svg e-fas-angle-right\" viewBox=\"0 0 256 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M224.3 273l-136 136c-9.4 9.4-24.6 9.4-33.9 0l-22.6-22.6c-9.4-9.4-9.4-24.6 0-33.9l96.4-96.4-96.4-96.4c-9.4-9.4-9.4-24.6 0-33.9L54.3 103c9.4-9.4 24.6-9.4 33.9 0l136 136c9.5 9.4 9.5 24.6.1 34z\"><\/path><\/svg><\/div><div id=\"elementor-tab-content-1501\" class=\"eael-accordion-content clearfix\" data-tab=\"1\" aria-labelledby=\"\"><p><span style=\"font-weight: 400\">Bitwise <\/span><a href=\"https:\/\/bitwiseinvestments.com\/crypto-market-insights\/the-year-ahead-10-crypto-predictions-for-2026\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">The Year Ahead: 10 Crypto Predictions for 2026<\/span><\/a><span style=\"font-weight: 400\">\uff1bGrayscale\uff1a<\/span><a href=\"https:\/\/research.grayscale.com\/reports\/2024-halving-this-time-its-actually-different\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">2024 Halving: This Time It&#8217;s Actually Different<\/span><\/a><span style=\"font-weight: 400\">\uff1bMORNINGSTAR\uff1a<\/span><a href=\"https:\/\/www.morningstar.com\/news\/marketwatch\/20260207133\/bitcoins-50-plunge-from-highs-hurts-a-little-but-it-isnt-shaking-these-investors-conviction\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">Bitcoin&#8217;s 50% plunge from highs hurts a little<\/span><\/a><\/p><\/div>\n\t\t\t\t\t<\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-bc26904 e-flex e-con-boxed e-con e-parent\" data-id=\"bc26904\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7a89aa4 elementor-widget elementor-widget-text-editor\" data-id=\"7a89aa4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h2><span class=\"ez-toc-section\" id=\"2026_%E6%AF%94%E7%89%B9%E5%B9%A3%E7%94%9F%E5%AD%98%E6%8C%87%E5%8D%97%EF%BC%9A%E9%9C%87%E7%9B%AA%E8%A1%8C%E6%83%85%E5%A6%82%E4%BD%95%E7%AB%99%E7%A9%A9%E8%85%B3%E6%AD%A5%EF%BC%9F\"><\/span><strong>2026 \u6bd4\u7279\u5e63\u751f\u5b58\u6307\u5357\uff1a\u9707\u76ea\u884c\u60c5\u5982\u4f55\u7ad9\u7a69\u8173\u6b65\uff1f<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><span style=\"font-weight: 400;\">\u5728\u300c<a href=\"https:\/\/www.qubic.app\/academy\/qubic-web3\/buy-bitcoin-legally-taiwan\/\" target=\"_blank\" rel=\"noopener\">\u6bd4\u7279\u5e63\u600e\u9ebc\u8cb7<\/a>\u300d\u8207\u300c\u5982\u4f55\u8cfc\u8cb7\u6bd4\u7279\u5e63\u300d\u641c\u5c0b\u91cf\u6fc0\u589e\u7684\u7576\u4e0b\uff0c\u65b0\u9032\u5834\u7684\u6295\u8cc7\u4eba\u66f4\u5bb9\u6613\u88ab\u9031\u671f\u7684\u5f8b\u52d5\u6240\u56f0\u60d1\u3002\u9762\u5c0d\u5c08\u696d\u9810\u6e2c\u5931\u9748\u7684\u6642\u523b\uff0c\u56de\u6b78\u57fa\u672c\u7684\u6295\u8cc7\u7d00\u5f8b\u624d\u662f\u738b\u9053\uff1a<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u7406\u89e3\u6ce2\u52d5\u7684\u672c\u8cea\uff1a \u8a8d\u6e05\u6bd4\u7279\u5e63\u7684\u9ad8\u6ce2\u52d5\u300c\u91ce\u6027\u300d\u4e26\u672a\u6d88\u5931\uff0c\u4e0d\u8981\u88ab\u300c\u4e0d\u518d\u66b4\u8dcc\u300d\u7684\u55ae\u4e00\u5831\u544a\u9ebb\u75fa\uff0c\u6c38\u9060\u9810\u7559\u61c9\u5c0d\u98a8\u96aa\u7684\u73fe\u91d1\u6d41\u3002<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u5584\u7528\u914d\u7f6e\u5de5\u5177\uff1a \u65e2\u7136\u7cbe\u6e96\u9810\u6e2c\u9031\u671f\u5e95\u90e8\u6975\u5176\u56f0\u96e3\uff0c\u63a1\u53d6<\/span><a href=\"https:\/\/blog.maicoin.com\/2022\/06\/13\/d7d2\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">\u5b9a\u671f\u5b9a\u984d\uff08DCA\uff09<\/span><\/a><span style=\"font-weight: 400;\">\u662f\u5e73\u6524\u6210\u672c\u6700\u7a69\u5065\u7684\u65b9\u5f0f\uff0c\u80fd\u6709\u6548\u898f\u907f\u60c5\u7dd2\u6027\u8ffd\u9ad8\u6bba\u4f4e\u7684\u98a8\u96aa\u3002<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u8a8d\u660e\u5408\u898f\u5e73\u53f0\uff1a \u5728\u53f0\u7063\uff0c\u5efa\u8b70\u9078\u64c7\u5982 <\/span><a href=\"https:\/\/www.maicoin.com\/sign_up?r=Qubic\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">MaiCoin<\/span><\/a><span style=\"font-weight: 400;\"> \u8207 <\/span><a href=\"https:\/\/m-max.maicoin.com\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">MAX<\/span><\/a><span style=\"font-weight: 400;\"> \u7b49\u5b8c\u6210\u91d1\u7ba1\u6703\u6d17\u9322\u9632\u5236\u767b\u8a18\u7684\u5e73\u53f0\uff0c\u78ba\u4fdd\u8cc7\u7522\u5728\u6975\u7aef\u884c\u60c5\u4e0b\u4f9d\u7136\u53d7\u5230\u5b89\u5168\u4fdd\u969c\u3002<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">\u56db\u5e74\u9031\u671f\u6216\u8a31\u6b63\u5728\u9032\u5316\u8207\u8b8a\u5f62\uff0c\u4f46\u4eba\u6027\u4e2d\u7684\u8caa\u5a6a\u8207\u6050\u61fc\uff0c\u4ee5\u53ca\u4f9b\u9700\u5931\u8861\u7684\u91cd\u529b\u4f9d\u7136\u5b58\u5728\u3002\u5728 2026 \u5e74\u9019\u500b\u8f49\u6298\u9ede\uff0c\u4fdd\u6301\u7406\u6027\u7684\u89c0\u5bdf\u800c\u975e\u76f2\u76ee\u7684\u5b9a\u8ad6\uff0c\u624d\u662f Web3 \u4e16\u754c\u9577\u7dda\u751f\u5b58\u7684\u552f\u4e00\u6e96\u5247\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">\u5ef6\u4f38\u95b1\u8b80\uff1a<br \/><\/span><a href=\"https:\/\/www.qubic.app\/academy\/qubic-web3\/buy-bitcoin-legally-taiwan\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">\u6bd4\u7279\u5e63\u600e\u9ebc\u8cb7\uff1f2026 \u5c0f\u8cc7\u653b\u7565\uff1a100 \u5143\u5165\u5834\u8207\u5b9a\u671f\u5b9a\u984d\u6295\u8cc7\u89c0\u5ff5<\/span><\/a><br \/><a href=\"https:\/\/www.qubic.app\/academy\/qubictrends\/crypto-market-cap-2025\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">2026 \u865b\u64ec\u8ca8\u5e63\u6703\u5d29\u76e4\u55ce\uff1f\u5f9e\u300c\u5e02\u503c\u300d\u770b\u61c2\u6bd4\u7279\u5e63\u9031\u671f\u8207\u5e02\u5834\u904e\u71b1\u6307\u6a19<\/span><\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c6ccaba e-flex e-con-boxed e-con e-parent\" data-id=\"c6ccaba\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-aac9d14 elementor-widget elementor-widget-eael-adv-accordion\" data-id=\"aac9d14\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"eael-adv-accordion.default\">\n\t\t\t\t\t            <div class=\"eael-adv-accordion\" id=\"eael-adv-accordion-aac9d14\" data-scroll-on-click=\"no\" data-scroll-speed=\"300\" data-accordion-id=\"aac9d14\" data-accordion-type=\"accordion\" data-toogle-speed=\"300\">\n            <div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"1\" aria-controls=\"elementor-tab-content-1791\"><span class=\"eael-advanced-accordion-icon-closed\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-advanced-accordion-icon-opened\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-accordion-tab-title\">\u6bd4\u7279\u5e63\u6e1b\u534a\u662f\u4ec0\u9ebc\uff1f\u5982\u4f55\u5f71\u97ff\u6bd4\u7279\u5e63\u7684\u56db\u5e74\u9031\u671f\u898f\u5f8b\uff1f<\/span><svg aria-hidden=\"true\" class=\"fa-toggle e-font-icon-svg e-fas-angle-right\" viewBox=\"0 0 256 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M224.3 273l-136 136c-9.4 9.4-24.6 9.4-33.9 0l-22.6-22.6c-9.4-9.4-9.4-24.6 0-33.9l96.4-96.4-96.4-96.4c-9.4-9.4-9.4-24.6 0-33.9L54.3 103c9.4-9.4 24.6-9.4 33.9 0l136 136c9.5 9.4 9.5 24.6.1 34z\"><\/path><\/svg><\/div><div id=\"elementor-tab-content-1791\" class=\"eael-accordion-content clearfix\" data-tab=\"1\" aria-labelledby=\"\"><p><span style=\"font-weight: 400\">\u6bd4\u7279\u5e63\u6bcf\u56db\u5e74\u6703\u7d93\u6b77\u4e00\u6b21\u300c\u6e1b\u534a\uff08Halving\uff09\u300d\uff0c\u5373\u7926\u5de5\u6316\u7926\u734e\u52f5\u6e1b\u534a\u3002\u6b77\u53f2\u4e0a\uff0c\u9019\u901a\u5e38\u6703\u5c0e\u81f4\u4f9b\u61c9\u91cf\u6e1b\u5c11\u4e26\u63a8\u5347\u5e63\u50f9\uff0c\u5f62\u6210\u4e00\u500b\u7d04\u56db\u5e74\u7684\u6f32\u8dcc\u5faa\u74b0\u3002<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"-2026-\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"2\" aria-controls=\"elementor-tab-content-1792\"><span class=\"eael-advanced-accordion-icon-closed\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-advanced-accordion-icon-opened\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-accordion-tab-title\">\u70ba\u4ec0\u9ebc\u6709\u4eba\u8aaa 2026 \u5e74\u7684\u9031\u671f\u898f\u5f8b\u88ab\u6253\u7834\u4e86\uff1f<\/span><svg aria-hidden=\"true\" class=\"fa-toggle e-font-icon-svg e-fas-angle-right\" viewBox=\"0 0 256 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M224.3 273l-136 136c-9.4 9.4-24.6 9.4-33.9 0l-22.6-22.6c-9.4-9.4-9.4-24.6 0-33.9l96.4-96.4-96.4-96.4c-9.4-9.4-9.4-24.6 0-33.9L54.3 103c9.4-9.4 24.6-9.4 33.9 0l136 136c9.5 9.4 9.5 24.6.1 34z\"><\/path><\/svg><\/div><div id=\"elementor-tab-content-1792\" class=\"eael-accordion-content clearfix\" data-tab=\"2\" aria-labelledby=\"-2026-\"><p><span style=\"font-weight: 400\">\u4e3b\u8981\u539f\u56e0\u662f\u300c\u6a5f\u69cb\u5316\u300d\u3002\u96a8\u8457\u73fe\u8ca8 ETF \u901a\u904e\uff0c\u5927\u8cc7\u91d1\u9032\u5834\u8207\u9000\u51fa\u7684\u908f\u8f2f\u8207\u6563\u6236\u4e0d\u540c\uff0c\u52a0\u4e0a\u7e3d\u9ad4\u7d93\u6fdf\uff08\u5982\u964d\u606f\u9031\u671f\uff09\u7684\u5e72\u9810\uff0c\u4f7f\u5f97\u4ee5\u5f80\u55ae\u7d14\u7684\u6bd4\u7279\u5e63\u6e1b\u534a\u898f\u5f8b\u8b8a\u5f97\u66f4\u52a0\u8907\u96dc\u3002<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"-lth-sopr-\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"3\" aria-controls=\"elementor-tab-content-1793\"><span class=\"eael-advanced-accordion-icon-closed\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-advanced-accordion-icon-opened\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-accordion-tab-title\">\u5982\u4f55\u900f\u904e LTH-SOPR \u6307\u6a19\u5224\u65b7\u6211\u5011\u8655\u65bc\u9031\u671f\u7684\u54ea\u500b\u968e\u6bb5\uff1f<\/span><svg aria-hidden=\"true\" class=\"fa-toggle e-font-icon-svg e-fas-angle-right\" viewBox=\"0 0 256 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M224.3 273l-136 136c-9.4 9.4-24.6 9.4-33.9 0l-22.6-22.6c-9.4-9.4-9.4-24.6 0-33.9l96.4-96.4-96.4-96.4c-9.4-9.4-9.4-24.6 0-33.9L54.3 103c9.4-9.4 24.6-9.4 33.9 0l136 136c9.5 9.4 9.5 24.6.1 34z\"><\/path><\/svg><\/div><div id=\"elementor-tab-content-1793\" class=\"eael-accordion-content clearfix\" data-tab=\"3\" aria-labelledby=\"-lth-sopr-\"><p><b>\u76ee\u524d\u5e02\u5834\u4e26\u7121\u5b9a\u8ad6\uff0c\u4f46\u6578\u64da\u986f\u793a\u5f71\u97ff\u529b\u6b63\u5728\u589e\u52a0\u3002<\/b><span style=\"font-weight: 400\"> \u904e\u53bb\u6bd4\u7279\u5e63\u9031\u671f\u4e3b\u8981\u7531\u300c\u6e1b\u534a\u5e36\u4f86\u7684\u4f9b\u7d66\u6e1b\u5c11\u300d\u9a45\u52d5\uff1b\u4f46 2026 \u5e74\u7684\u6578\u64da\u986f\u793a\uff0c<\/span><b>ETF \u7684\u6bcf\u65e5\u4ea4\u6613\u91cf\u5df2\u9060\u8d85\u6bcf\u65e5\u6316\u7926\u7522\u91cf<\/b><span style=\"font-weight: 400\">\u3002\u9019\u610f\u5473\u8457\uff1a<\/span><\/p><ul><li style=\"font-weight: 400\"><b>\u6f5b\u5728\u5f71\u97ff\uff1a<\/b><span style=\"font-weight: 400\"> \u5927\u898f\u6a21\u8cc7\u91d1\u6d41\u5165\u53ef\u80fd\u5f15\u767c\u300c\u5de6\u5074\u52a0\u901f\u300d\uff08\u8b93\u725b\u5e02\u63d0\u65e9\u5674\u767c\uff09\uff0c\u800c\u6a5f\u69cb\u7684\u907f\u96aa\u64a4\u9000\u5247\u53ef\u80fd\u52a0\u5287\u9707\u76ea\u3002<\/span><\/li><li style=\"font-weight: 400\"><b>\u89c0\u5bdf\u91cd\u9ede\uff1a<\/b><span style=\"font-weight: 400\"> \u90e8\u5206\u5206\u6790\u5e2b\uff08\u5982 Bitwise\uff09\u8a8d\u70ba\u50b3\u7d71\u9031\u671f\u5df2\u300c\u5931\u6548\u300d\uff0c\u5e02\u5834\u6b63\u8f49\u5411\u96a8\u7e3d\u9ad4\u7d93\u6fdf\u6ce2\u52d5\u7684\u300c\u5b8f\u89c0\u5faa\u74b0\u300d\uff1b\u4f46\u4e5f\u6709\u89c0\u9ede\u8a8d\u70ba\u9031\u671f\u53ea\u662f\u300c\u62c9\u9577\u300d\u4e86\u3002\u6295\u8cc7\u4eba\u61c9\u5c07 ETF \u6d41\u5411\u8996\u70ba\u89c0\u6e2c\u6307\u6a19\uff0c\u800c\u975e\u7d55\u5c0d\u7684\u9810\u6e2c\u6a21\u578b\u3002<\/span><\/li><\/ul><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"etf-\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"4\" aria-controls=\"elementor-tab-content-1794\"><span class=\"eael-advanced-accordion-icon-closed\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-advanced-accordion-icon-opened\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-accordion-tab-title\">ETF \u7684\u8cc7\u91d1\u6d41\u5411\u6703\u7e2e\u77ed\u6216\u5ef6\u9577\u6bd4\u7279\u5e63\u56db\u5e74\u9031\u671f\u55ce\uff1f<\/span><svg aria-hidden=\"true\" class=\"fa-toggle e-font-icon-svg e-fas-angle-right\" viewBox=\"0 0 256 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M224.3 273l-136 136c-9.4 9.4-24.6 9.4-33.9 0l-22.6-22.6c-9.4-9.4-9.4-24.6 0-33.9l96.4-96.4-96.4-96.4c-9.4-9.4-9.4-24.6 0-33.9L54.3 103c9.4-9.4 24.6-9.4 33.9 0l136 136c9.5 9.4 9.5 24.6.1 34z\"><\/path><\/svg><\/div><div id=\"elementor-tab-content-1794\" class=\"eael-accordion-content clearfix\" data-tab=\"4\" aria-labelledby=\"etf-\"><p><span style=\"font-weight: 400\">\u6703\u3002\u5927\u898f\u6a21\u7684 ETF \u6de8\u6d41\u5165\u53ef\u80fd\u8b93\u725b\u5e02\u52a0\u901f\uff08\u9031\u671f\u7e2e\u77ed\uff09\uff0c\u800c\u6a5f\u69cb\u7684\u907f\u96aa\u6027\u64a4\u9000\u5247\u53ef\u80fd\u5f15\u767c\u66f4\u5287\u70c8\u7684\u6d17\u76e4\u30022026 \u5e74\u7684\u5faa\u74b0\u7bc0\u594f\uff0c\u5f88\u5927\u7a0b\u5ea6\u53d6\u6c7a\u65bc\u6cd5\u4eba\u5c0d\u98a8\u96aa\u8cc7\u7522\u7684\u504f\u597d\u3002<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"-6-\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"5\" aria-controls=\"elementor-tab-content-1795\"><span class=\"eael-advanced-accordion-icon-closed\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-advanced-accordion-icon-opened\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-accordion-tab-title\">\u5982\u679c\u5e63\u50f9\u8dcc\u7834 6 \u842c\u7f8e\u5143\u7684\u300c\u95dc\u6a5f\u5e63\u50f9\u300d\uff0c\u4ee3\u8868\u9031\u671f\u7d42\u7d50\u55ce\uff1f<\/span><svg aria-hidden=\"true\" class=\"fa-toggle e-font-icon-svg e-fas-angle-right\" viewBox=\"0 0 256 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M224.3 273l-136 136c-9.4 9.4-24.6 9.4-33.9 0l-22.6-22.6c-9.4-9.4-9.4-24.6 0-33.9l96.4-96.4-96.4-96.4c-9.4-9.4-9.4-24.6 0-33.9L54.3 103c9.4-9.4 24.6-9.4 33.9 0l136 136c9.5 9.4 9.5 24.6.1 34z\"><\/path><\/svg><\/div><div id=\"elementor-tab-content-1795\" class=\"eael-accordion-content clearfix\" data-tab=\"5\" aria-labelledby=\"-6-\"><p><span style=\"font-weight: 400\">\u4e0d\u4e00\u5b9a\uff0c\u4f46\u9019\u662f\u8b66\u8a0a\u3002\u6b77\u53f2\u4e0a\u8dcc\u7834\u6210\u672c\u7dda\u901a\u5e38\u5f15\u767c\u300c\u7926\u5de5\u6295\u964d\u300d\uff0c\u9019\u5f80\u5f80\u662f\u5faa\u74b0\u4e2d\u6700\u6158\u70c8\u7684\u6d17\u76e4\u671f\uff0c\u4f46\u4e5f\u53ef\u80fd\u662f\u4e0b\u4e00\u500b\u5faa\u74b0\u958b\u59cb\u524d\u7684\u6700\u5f8c\u5e95\u90e8\u3002<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"6\" aria-controls=\"elementor-tab-content-1796\"><span class=\"eael-advanced-accordion-icon-closed\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-advanced-accordion-icon-opened\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-accordion-tab-title\">\u9762\u5c0d\u9031\u671f\u8b8a\u5f62\uff0c\u6295\u8cc7\u4eba\u8a72\u5982\u4f55\u61c9\u5c0d\uff1f<\/span><svg aria-hidden=\"true\" class=\"fa-toggle e-font-icon-svg e-fas-angle-right\" viewBox=\"0 0 256 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M224.3 273l-136 136c-9.4 9.4-24.6 9.4-33.9 0l-22.6-22.6c-9.4-9.4-9.4-24.6 0-33.9l96.4-96.4-96.4-96.4c-9.4-9.4-9.4-24.6 0-33.9L54.3 103c9.4-9.4 24.6-9.4 33.9 0l136 136c9.5 9.4 9.5 24.6.1 34z\"><\/path><\/svg><\/div><div id=\"elementor-tab-content-1796\" class=\"eael-accordion-content clearfix\" data-tab=\"6\" aria-labelledby=\"\"><p><span style=\"font-weight: 400\">\u65e2\u7136\u300c\u7cbe\u6e96\u64c7\u6642\u300d\u8b8a\u5f97\u56f0\u96e3\uff0c\u900f\u904e\u5408\u898f\u5e73\u53f0\uff08\u5982\uff1aMaiCoin \u548c MAX\uff09\u9032\u884c\u5b9a\u671f\u5b9a\u984d\uff08DCA\uff09\uff0c\u80fd\u5e6b\u52a9\u6295\u8cc7\u4eba\u5728\u898f\u5f8b\u6a21\u7cca\u7684 2026 \u5e74\uff0c\u4f9d\u7136\u80fd\u5403\u5230\u5faa\u74b0\u7684\u7d05\u5229\u3002<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"7\" aria-controls=\"elementor-tab-content-1797\"><span class=\"eael-advanced-accordion-icon-closed\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-advanced-accordion-icon-opened\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-accordion-tab-title\">\u514d\u8cac\u8072\u660e<\/span><svg aria-hidden=\"true\" class=\"fa-toggle e-font-icon-svg e-fas-angle-right\" viewBox=\"0 0 256 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M224.3 273l-136 136c-9.4 9.4-24.6 9.4-33.9 0l-22.6-22.6c-9.4-9.4-9.4-24.6 0-33.9l96.4-96.4-96.4-96.4c-9.4-9.4-9.4-24.6 0-33.9L54.3 103c9.4-9.4 24.6-9.4 33.9 0l136 136c9.5 9.4 9.5 24.6.1 34z\"><\/path><\/svg><\/div><div id=\"elementor-tab-content-1797\" class=\"eael-accordion-content clearfix\" data-tab=\"7\" aria-labelledby=\"\"><p><b>\u4ee5\u4e0a\u5167\u5bb9\u50c5\u70ba\u4e00\u822c\u6027\u4ecb\u7d39\uff0c\u65e8\u5728\u77e5\u8b58\u6027\u53ca\u5b78\u8853\u6027\u5206\u4eab\uff0c\u63d0\u4f9b DeFi\uff08\u53bb\u4e2d\u5fc3\u5316\u91d1\u878d\uff09\u9818\u57df\u4e4b\u6574\u9ad4\u8cc7\u8a0a\u53ca\u5e38\u898b\u6295\u8cc7\u8853\u8a9e\u6216\u6982\u5ff5\u4e4b\u4ecb\u7d39\uff0c\u4e26\u975e\u6307\u6d89 Qubic \u63d0\u4f9b\u4e4b\u4efb\u4f55\u7279\u5b9a\u670d\u52d9\u6216\u7522\u54c1\u3002\u672c\u5167\u5bb9\u4e0d\u69cb\u6210 Qubic \u8207\u4efb\u4f55\u500b\u4eba\u6216\u4f01\u696d\u4e4b\u9593\u4e4b\u5177\u9ad4\u670d\u52d9\u5354\u8b70\u6216\u6cd5\u5f8b\u627f\u8afe\uff0c\u4ea6\u4e0d\u69cb\u6210\u4efb\u4f55\u6295\u8cc7\u3001\u8ca1\u52d9\u6216\u6cd5\u5f8b\u5efa\u8b70\u3002\u4efb\u4f55\u4eba\u64da\u6b64\u7b49\u8cc7\u6599\u800c\u505a\u51fa\u6216\u6539\u8b8a\u6295\u8cc7\u64cd\u4f5c\u4e4b\u6c7a\u7b56\uff0c\u9808\u81ea\u884c\u627f\u64d4\u7d50\u679c\u3002\u5982\u60a8\u5e0c\u671b\u9032\u4e00\u6b65\u77ad\u89e3\u6216\u4f7f\u7528 Qubic \u4e4b\u7279\u5b9a\u670d\u52d9\u6216\u7522\u54c1\uff0c\u8acb\u76f4\u63a5\u806f\u7e6b Qubic\uff0c\u6216\u53c3\u95b1\u76f8\u95dc\u5177\u6709\u6cd5\u5f8b\u7d04\u675f\u529b\u4e4b\u5951\u7d04\u689d\u6b3e\uff0c\u4ee5\u7372\u53d6\u66f4\u9069\u5207\u4e4b\u8cc7\u8a0a\u3002<\/b><br \/><b>*APR\uff08\u5e74\u6536\u76ca\u7387\uff09\u70ba\u904e\u53bb\u4e09\u500b\u6708\u6700\u9ad8 APR \u9032\u884c\u8a08\u7b97\uff0c\u50c5\u4f9b\u8a66\u7b97\u4f7f\u7528\uff0c\u4e0d\u4ee3\u8868\u672a\u4f86\u5e74\u6536\u76ca\u7387\u7684\u4fdd\u8b49\uff08\u6700\u5f8c\u66f4\u65b0\u65e5\uff1a2026\u5e742\u670825\u65e5\uff09\u3002<\/b><br \/><b>*AMIS\u63d0\u4f9b\u7684\u3010\u66f4\u6eff\u76ca\u3011\u5c6c\u65bc\u5354\u52a9\u7528\u6236\u53c3\u8207 DeFi \u5354\u8b70\u7684\u6280\u8853\u670d\u52d9\uff0cAPR \u7531\u7b2c\u4e09\u65b9 DeFi \u5354\u8b70\u63d0\u4f9b\u3002<\/b><br \/><b>*\u53c3\u8207 DeFi \u5354\u8b70\u5177\u6709\u98a8\u96aa\uff0c\u53ef\u80fd\u4f7f\u6295\u5165\u91d1\u984d\u7522\u751f\u8667\u640d\uff0c\u4e14\u6700\u5927\u640d\u5931\u70ba\u5168\u90e8\u6295\u5165\u91d1\u984d\uff0c\u7528\u6236\u9808\u81ea\u884c\u627f\u64d4\u98a8\u96aa\u3002<\/b><\/p><\/div>\n\t\t\t\t\t<\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0870a82 e-flex e-con-boxed e-con e-parent\" data-id=\"0870a82\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0d38d64 elementor-widget elementor-widget-image\" data-id=\"0d38d64\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/qubic.app\/download\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/i0.wp.com\/academy.qubic.app\/wp-content\/uploads\/2025\/11\/qubic-web3-wallet.png?fit=1024%2C512&amp;ssl=1\" class=\"attachment-large size-large wp-image-28634\" alt=\"Qubic Wallet - MaiCoin \u96c6\u5718\u65d7\u4e0b\u6578\u4f4d\u8cc7\u7522\u9322\u5305\" srcset=\"https:\/\/i0.wp.com\/academy.qubic.app\/wp-content\/uploads\/2025\/11\/qubic-web3-wallet.png?w=1200&amp;ssl=1 1200w, https:\/\/i0.wp.com\/academy.qubic.app\/wp-content\/uploads\/2025\/11\/qubic-web3-wallet.png?resize=300%2C150&amp;ssl=1 300w, https:\/\/i0.wp.com\/academy.qubic.app\/wp-content\/uploads\/2025\/11\/qubic-web3-wallet.png?resize=1024%2C512&amp;ssl=1 1024w, https:\/\/i0.wp.com\/academy.qubic.app\/wp-content\/uploads\/2025\/11\/qubic-web3-wallet.png?resize=768%2C384&amp;ssl=1 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" title=\"\">\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>\u6bd4\u7279\u5e63\u56db\u5e74\u9031\u671f\u662f\u4ec0\u9ebc\uff1f\u898f\u5f8b\u88ab\u6253\u7834\u4e86\u55ce\uff1f2026 \u5e74\u9762\u5c0d\u6a5f\u69cb\u6642\u4ee3\u8207 ETF \u4ecb\u5165\uff0c\u50b3\u7d71\u6e1b\u534a\u5faa\u74b0\u6b63\u7d93\u6b77\u300c\u8b8a\u5f62\u300d\u3002\u672c\u7bc7\u5e36\u4f60\u900f\u904e\u89c0\u5bdf\u6b77\u53f2\u6578\u64da\u3001\u7b2c\u4e09\u65b9\u5e73\u53f0\u6307\u6a19&#8230;\u7b49\u95dc\u9375\u8cc7\u8a0a\uff0c\u63a2\u8a0e\u5728\u6a5f\u69cb\u63a7\u76e4\u4e0b\uff0c\u6295\u8cc7\u4eba\u5982\u4f55\u91cd\u65b0\u5efa\u7acb 2026 \u5e74\u7684\u6295\u8cc7\u7d00\u5f8b\u8207\u5faa\u74b0\u89c0\u6e2c\u6307\u6a19\u3002<\/p>\n","protected":false},"author":3,"featured_media":29232,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_eb_attr":"","footnotes":"","jetpack_post_was_ever_published":false},"categories":[15],"tags":[],"class_list":["post-29223","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-qubic-web3"],"blocksy_meta":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/academy.qubic.app\/wp-content\/uploads\/2026\/02\/btc-4-year-trend.png?fit=1200%2C600&ssl=1","_links":{"self":[{"href":"https:\/\/academy.qubic.app\/wp-json\/wp\/v2\/posts\/29223","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/academy.qubic.app\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/academy.qubic.app\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/academy.qubic.app\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/academy.qubic.app\/wp-json\/wp\/v2\/comments?post=29223"}],"version-history":[{"count":23,"href":"https:\/\/academy.qubic.app\/wp-json\/wp\/v2\/posts\/29223\/revisions"}],"predecessor-version":[{"id":29363,"href":"https:\/\/academy.qubic.app\/wp-json\/wp\/v2\/posts\/29223\/revisions\/29363"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/academy.qubic.app\/wp-json\/wp\/v2\/media\/29232"}],"wp:attachment":[{"href":"https:\/\/academy.qubic.app\/wp-json\/wp\/v2\/media?parent=29223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/academy.qubic.app\/wp-json\/wp\/v2\/categories?post=29223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/academy.qubic.app\/wp-json\/wp\/v2\/tags?post=29223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}