Stand图表说

Standard Chartered已提出了“ Magnific 7”技术指数的修订版，该索引称为“ Mag 7b”，该索引用比特币代替了特斯拉。由Cointelegraph。

Standard Chartered has come up with a spin on the so-called Magnificent 7 tech index—suggesting it may be time to replace Tesla with bitcoin.

标准包机已经提出了所谓的宏伟的7技术指数的旋转，这可能是时候用比特币代替特斯拉了。

The bank's analysis found that this "Mag 7B" hypothetical index delivers higher returns and lower volatility than the original Mag 7 index—suggesting bitcoin could enhance traditional tech-focused investment strategies.

该银行的分析发现，与原始MAG 7指数相比，这种“ MAG 7B”假设指数可提供更高的回报和更低的波动性 - 涉及比特币可以增强传统以技术为中心的投资策略。

Its analysis comes amid a record year for Tesla stock, which has seen its valuation soar to new highs, making it a key holding in many flagship investment funds—but also sparking debate over whether its meteoric rise is sustainable.

在特斯拉股票的创纪录的一年中，它的分析已经达到了新的高处，这使其成为许多旗舰投资基金的关键，但也引发了关于其流离失所崛起是否可持续的辩论。

However, in a note on Monday, Geoffrey Kendrick, head of digital assets research at Standard Chartered, argued that bitcoin behaves more like a tech asset than a commodity in the short term—often showing stronger correlation with the Nasdaq than with gold.

但是，在周一的一份说明中，标准宪章的数字资产研究负责人杰弗里·肯德里克（Geoffrey Kendrick）认为，比特币在短期内的行为更像是一种技术资产，而不是与纳斯达克的商品相比，而不是与黄金更强的相关性。

This is a role which the original Magnificent 7 index, which comprises the seven largest U.S. tech stocks (Apple, Microsoft, Google-parent Alphabet, Nvidia, Meta, Tesla and Johnson & Johnson), already plays out—suggesting it could easily be adapted to include bitcoin.

这是原始宏伟的7索引的角色，包括美国七个最大的科技股（Apple，Microsoft，Google-Parent Alphabet，Nvidia，Meta，Tesla和Johnson＆Johnson），已经发挥了作用 - 很容易适应它，包括比特币。

Indeed, in the case of Mag 7B, which substitutes Tesla with bitcoin, the analysis found that the index delivered better performance metrics over the past five years.

确实，就MAG 7B而言，将特斯拉用比特币代替，分析发现该指数在过去五年中提供了更好的性能指标。

Specifically, the adjusted (net of fees) return was 0.6% higher on average per year, while the annualized standard deviation of returns was 0.7% lower—suggesting that the index was also less volatile.

具体而言，调整后的（净费用）收益平均每年增加0.6％，而年度标准回报率降低了0.7％，这表明该指数的波动性也较小。

Moreover, the researchers found that the Mag 7B index also outperformed the Nasdaq 100 by 0.3% on average per year over the past five years—suggesting it could be a viable alternative for investors seeking broader exposure to the U.S. stock market.

此外，研究人员发现，在过去五年中，MAG 7B指数的平均每年平均比纳斯达克100胜过0.3％，这对于寻求更广泛接触美国股票市场的投资者来说可能是可行的替代方案。

This finding is significant because it suggests that bitcoin could be a valuable addition to the investment strategies of institutional investors, who are increasingly seeking to diversify their portfolios across asset classes and markets.

这一发现很重要，因为它表明比特币可能是机构投资者的投资策略的宝贵补充，这些投资者越来越寻求在资产类别和市场上多样化其投资组合。

With bitcoin’s market cap now surpassing $1.7 trillion—more than twice that of Tesla—its growing acceptance among institutional investors is likely to continue driving price appreciation and attracting greater capital flows into the cryptocurrency market.

现在，随着比特币的市值超过1.7万亿美元，是特斯拉的两倍，它在机构投资者中的接受程度越来越大，可能会继续推动价格增值，并吸引更大的资本流入加密货币市场。

This dual function strengthens the case for bitcoin’s inclusion alongside major tech names like Apple, Microsoft and Nvidia—which are typically valued for their innovation, growth potential and strong balance sheets.

这种双重功能加强了比特币与苹果，微软和NVIDIA等主要技术名称同时包含的情况，通常因其创新，增长潜力和强大的资产负债表而受到重视。

Likewise, bitcoin's role as a hedge against the risks of traditional finance, such as inflation, deflation and geopolitical uncertainty, is also becoming increasingly recognized by institutional investors.

同样，比特币作为对冲传统金融风险的对冲，例如通货膨胀，通货紧缩和地缘政治不确定性，也正受到机构投资者的认可。

In a world where traditional safe-haven assets, like U.S. Treasuries and gold, are no longer seen as reliable stores of value due to excessive government debt and the potential for monetary debasement, investors are actively seeking alternative assets which can preserve their purchasing power over the long term.

在一个传统的安全资产（如美国国债和黄金）的世界中，由于政府过多的债务和货币贬低的潜力，不再被视为可靠的价值存储，投资者正在积极寻求替代资产，这些资产可以在长期内保留其购买力。

This is precisely the role which bitcoin is uniquely placed to fulfill, as it is a decentralized and scarce asset, with a fixed supply of 21 million coins.

这正是比特币独特地履行的作用，因为它是一个分散和稀缺的资产，固定的供应2100万个硬币。

This scarcity factor is crucial in the current macroeconomic climate, where an unprecedented surge in liquidity has been pouring into financial markets.

在当前的宏观经济气候中，这种稀缺性因素至关重要，在这种气候下，流动性前所未有的激增涌入金融市场。

As institutions navigate this evolving landscape, they are placing a strong emphasis on identifying assets which can generate sustainable returns with lower levels of volatility.

随着机构驾驶这一不断发展的景观，他们非常重视确定可以产生较低波动率的可持续回报的资产。

In this context, bitcoin’s performance in comparison to the original Mag 7 index is noteworthy, especially considering the stellar returns achieved by the Magnificent 7 stocks in recent years thanks to their dominance in the digital economy.

在这种情况下，值得注意的是，比特币与原始MAG 7指数相比，尤其是考虑到近年来宏伟的7股股票在数字经济中的优势而获得的出色回报。

Despite this, the analysis suggests that further improvements in both return and risk-adjusted performance could be realized by making a single substitution within the index—swapping out Tesla for bitcoin.

尽管如此，分析表明，可以通过在索引中进行单个替换来实现回报和风险调整的绩效的进一步改善，即为比特币提供特斯拉。

This finding highlights the potential of cryptocurrencies to enhance traditional investment strategies in a rapidly changing financial world.

这一发现凸显了加密货币在快速变化的金融世界中增强传统投资策略的潜力。