黄金 ETF 与比特币 ETF：您应该选择哪一个？

当您探索大量可用的投资选择时，黄金 ETF 和比特币 ETF 是一个有趣的比较。一方面，黄金 ETF 具有稳定的历史。

Gold ETFs, tracking the price of gold by investing in physical bullion or gold-related assets, offer a convenient way to gain exposure to the gold market. They are popular among risk-averse investors, who see them as a stable option for hedging against inflation and safeguarding wealth, especially during uncertain economic times.

黄金ETF通过投资实物金条或黄金相关资产来跟踪黄金价格，为获得黄金市场敞口提供了便捷的方式。它们在规避风险的投资者中很受欢迎，他们将其视为对冲通胀和保护财富的稳定选择，尤其是在经济不确定时期。

On the other hand, Bitcoin ETFs are a fund that tracks Bitcoin’s price by holding actual Bitcoin in reserve. Several popular Bitcoin ETFs exist. You can trade them through traditional brokerage accounts, and spot Bitcoin ETFs provide more accurate price tracking than futures-based alternatives.

另一方面，比特币ETF是一种通过持有实际比特币储备来跟踪比特币价格的基金。存在几种流行的比特币 ETF。您可以通过传统的经纪账户进行交易，并且现货比特币 ETF 比基于期货的替代品提供更准确的价格跟踪。

Here's a deeper look at both types of ETFs, their unique characteristics, and how they align with different financial strategies. But which one fits your investment goals best, and what's the deeper significance behind these choices? Let's answer that.

以下是对这两种类型的 ETF、它们的独特特征以及它们如何与不同的财务策略保持一致的更深入的了解。但哪一种最适合您的投资目标，这些选择背后更深层的意义是什么？我们来回答一下吧。

Gold ETFs: A Way to Invest in Gold Indirectly

黄金ETF：间接投资黄金的一种方式

Gold ETFs provide a straightforward way to invest in gold without the complications of buying and storing physical gold. Investing in gold ETFs allows you to gain exposure to gold’s price movements while enjoying the convenience of trading on stock exchanges. In that way, it’s just like regular stocks. These investment funds hold physical gold or allocate funds to gold-related securities. It’s easier for you to add gold to your portfolio without dealing with actual gold bars or coins.

黄金ETF提供了一种直接的黄金投资方式，无需购买和存储实物黄金的复杂性。投资黄金ETF可以让您了解黄金价格走势，同时享受证券交易所交易的便利。这样，它就像普通股票一样。这些投资基金持有实物黄金或将资金分配给黄金相关证券。您可以更轻松地将黄金添加到您的投资组合中，而无需处理实际的金条或金币。

Here's what you need to know when considering gold ETFs:

以下是您在考虑黄金 ETF 时需要了解的信息：

Gold ETFs are typically structured as exchange-traded funds (ETFs) that track the price of gold. They offer a convenient and cost-effective way to invest in gold without the hassle of buying and storing physical gold. Gold ETFs are usually listed on major stock exchanges, such as the NYSE or Nasdaq, and can be traded throughout the trading day.

黄金 ETF 通常采用跟踪黄金价格的交易所交易基金 (ETF) 结构。它们提供了一种便捷且经济高效的黄金投资方式，无需购买和存储实物黄金的麻烦。黄金ETF通常在纽约证券交易所或纳斯达克等主要证券交易所上市，并且可以在整个交易日进行交易。

There are two main types of gold ETFs: physical gold ETFs and gold mining ETFs. Physical gold ETFs invest directly in physical gold bullion, while gold mining ETFs invest in the common stock of gold mining companies.

黄金ETF主要有两种类型：实物黄金ETF和金矿ETF。实物黄金ETF直接投资于实物金条，而金矿ETF则投资于金矿公司的普通股。

Gold ETFs are typically considered a good investment for those who are looking to hedge against inflation or protect their wealth from market downturns. Gold is often viewed as a safe-haven asset, and gold ETFs provide a way to invest in gold without the risks associated with owning and storing physical gold.

对于那些希望对冲通胀或保护自己的财富免受市场低迷影响的人来说，黄金ETF通常被认为是一项不错的投资。黄金通常被视为避险资产，黄金 ETF 提供了一种投资黄金的方式，而无需承担与拥有和存储实物黄金相关的风险。

However, gold ETFs are not without their risks. The value of gold ETFs can fluctuate significantly, and there is no guarantee that you will make a profit by investing in gold ETFs.

然而，黄金ETF并非没有风险。黄金ETF的价值可能会大幅波动，并且不能保证您会通过投资黄金ETF获利。

Bitcoin ETFs: A Way to Invest in Bitcoin Indirectly

比特币 ETF：一种间接投资比特币的方式

Bitcoin ETFs offer a way to invest in Bitcoin without needing to handle the cryptocurrency directly. They are a fund that tracks Bitcoin’s price by holding actual Bitcoin in reserve. You get direct exposure to Bitcoin’s price movements without needing to manage Bitcoin yourself. Several popular Bitcoin ETFs exist, and you can trade them through traditional brokerage accounts. Spot Bitcoin ETFs provide more accurate price tracking than futures-based alternatives.

比特币 ETF 提供了一种无需直接处理加密货币即可投资比特币的方式。它们是一种通过持有实际比特币储备来跟踪比特币价格的基金。您可以直接了解比特币的价格变动，而无需自己管理比特币。存在几种流行的比特币 ETF，您可以通过传统的经纪账户进行交易。现货比特币 ETF 比基于期货的替代品提供更准确的价格跟踪。

Here's what to consider when thinking about Bitcoin ETFs:

以下是考虑比特币 ETF 时需要考虑的事项：

Bitcoin ETFs are a relatively new investment product, having only been approved by the SEC in 2024. However, they have quickly become one of the most popular ways to invest in Bitcoin.

比特币 ETF 是一种相对较新的投资产品，直到 2024 年才获得美国证券交易委员会 (SEC) 的批准。然而，它们已迅速成为最流行的比特币投资方式之一。

There are two main types of Bitcoin ETFs: futures-based Bitcoin ETFs and spot Bitcoin ETFs. Futures-based Bitcoin ETFs invest in Bitcoin futures contracts, while spot Bitcoin ETFs hold actual Bitcoin in reserve.

比特币ETF主要有两种类型：基于期货的比特币ETF和现货比特币ETF。基于期货的比特币 ETF 投资于比特币期货合约，而现货比特币 ETF 则持有实际的比特币储备。

Bitcoin ETFs are usually considered a good investment for those who are looking to gain exposure to Bitcoin without the hassle of buying and storing cryptocurrency yourself. However, Bitcoin ETFs are not without their risks.

对于那些希望接触比特币而又不想自己购买和存储加密货币的人来说，比特币 ETF 通常被认为是一项不错的投资。然而，比特币 ETF 并非没有风险。

The value of Bitcoin ETFs can fluctuate significantly, and there is no guarantee that you will make a profit by investing in Bitcoin ETFs.

比特币 ETF 的价值可能会大幅波动，并且不能保证您会通过投资比特币 ETF 获利。

Gold ETF vs Bitcoin ETF: Key Differences to Note

黄金 ETF 与比特币 ETF：需要注意的主要差异

Gold ETFs are designed to track the price of gold, while Bitcoin ETFs are designed to track the price of Bitcoin. Both types of ETFs offer a way to invest in these assets indirectly, but there are some key differences between them.

黄金ETF旨在追踪黄金价格，而比特币ETF则旨在追踪比特币价格。两种类型的 ETF 都提供了一种间接投资这些资产的方式，但它们之间存在一些关键区别。

Gold ETFs are typically more stable than Bitcoin ETFs. The price of gold is less volatile than the price of Bitcoin, which means that gold ETFs are less likely to experience large price swings.

黄金 ETF 通常比比特币 ETF 更稳定。黄金价格的波动性低于比特币价格，这意味着黄金 ETF 不太可能经历大幅价格波动。

Gold ETFs have a longer track record than Bitcoin ETFs. Gold ETFs were first introduced in 2004, while Bitcoin ETFs were only approved in 2024. This longer track record gives investors more confidence in the performance of gold ETFs.

黄金 ETF 的历史记录比比特币 ETF 更长。黄金 ETF 于 2004 年首次推出，而比特币 ETF 直到 2024 年才获得批准。这种较长的跟踪记录让投资者对黄金 ETF 的表现更有信心。

Bitcoin ETFs are more directly exposed to the price of Bitcoin than gold ETFs. Gold ETFs can invest in physical gold bullion, gold futures contracts, or a combination of both. Bitcoin ETFs, on the other hand, must invest directly in Bitcoin.

比特币 ETF 比黄金 ETF 更直接地受到比特币价格的影响。黄金ETF可以投资实物金条、黄金期货合约或两者的组合。另一方面，比特币 ETF 必须直接投资于比特币。

Which ETF Is Right for You?

哪种 ETF 适合您？

When deciding between Gold and Bitcoin ETFs, here’s what you need to keep in mind:

在选择黄金 ETF 和比特币 ETF 时，您需要记住以下几点：

Your investment goals: What are you trying to achieve with your investment? If you're looking for a stable investment that will help you preserve your capital, a Gold ETF might be a

您的投资目标：您想通过投资实现什么目标？如果您正在寻找一项稳定的投资来帮助您保存资本，那么黄金 ETF 可能是一个不错的选择