Strive 比特幣債券 ETF：比特幣投資的新途徑

Strive Asset Management 推出了一款創新 ETF，旨在透過非常規方式為投資者提供比特幣投資機會。

Strive Asset Management is making a groundbreaking move by introducing a new ETF that will provide investors with exposure to Bitcoin through unconventional means. The Strive Bitcoin Bond ETF aims to offer a path to Bitcoin investment by focusing primarily on “Bitcoin Bonds,” specifically utilizing MicroStrategy’s holdings as the primary vehicle.

Strive Asset Management 推出了一款新的 ETF，這是一項突破性舉措，該 ETF 將為投資者提供透過非常規方式投資比特幣的機會。 Strive 比特幣債券 ETF 旨在透過主要關注“比特幣債券”，特別是利用 MicroStrategy 的持倉作為主要工具，為比特幣投資提供一條途徑。

The actively managed fund will dedicate a significant portion—at least 80%—of its assets to Bitcoin-related convertible securities and derivatives, such as swaps and options. The strategy will involve a calculated mix of direct securities and derivative instruments, with decisions influenced by factors like cost efficiency and potential returns. Additionally, the fund will reserve cash in short-term US Treasury securities and may diversify into other Bitcoin-centric investment channels.

這檔主動式管理基金將把其資產的很大一部分（至少 80%）專門用於與比特幣相關的可轉換證券和衍生性商品，例如掉期和選擇權。該策略將涉及直接證券和衍生性工具的計算組合，其決策受到成本效率和潛在回報等因素的影響。此外，該基金將在短期美國國債中儲備現金，並可能多元化至其他以比特幣為中心的投資管道。

Operating as a non-diversified entity, the ETF will concentrate its investments in select issuers, notably MicroStrategy, and place over 25% of its assets into companies within the software and technology sectors. Empowered Funds, LLC, will act as the fund’s adviser, employing a dynamic “manager of managers” approach that allows it to modify sub-advisers without the need for shareholder consent.

作為非多元化實體經營，該 ETF 將集中投資於選定的發行人，尤其是 MicroStrategy，並將超過 25% 的資產投資於軟體和技術領域的公司。 Empowered Funds, LLC 將擔任該基金的顧問，採用動態的「經理人中的經理」方法，使其無需股東同意即可修改次級顧問。

Traded on the New York Stock Exchange, the ETF's holdings will be secured through the Depository Trust Company. Aiming to meet the standards of a regulated investment company, the ETF plans to distribute net investment income quarterly, with capital gains shared annually. It reserves the right to participate in securities lending up to a third of its assets and may invest up to 15% in non-liquid securities.

該 ETF 在紐約證券交易所交易，其持有的資產將透過存託信託公司獲得擔保。為了達到受監管投資公司的標準，該ETF計劃每季分配淨投資收益，每年分享資本利得。它保留參與最多其資產三分之一的證券借貸的權利，並可投資最多 15% 的非流動證券。

The fund will seek to capture the growing demand among investors for alternative routes to Bitcoin exposure using novel financial instruments, by leveraging MicroStrategy’s innovative Bitcoin treasury strategy.

該基金將利用 MicroStrategy 的創新比特幣金庫策略，尋求利用新型金融工具來滿足投資者對比特幣投資替代途徑日益增長的需求。