TokenInsight：全球加密通证量化基金行业研究报告-2019 Q1(39页).pdf

1、 ? ? May?2019 ?|? TokenInsight?参割? ? TokenI 2 ? ?尤? ?劣?T+0?7x24?博?博 ?API?展?博?博?参? ?劣?劣? ? ?担?担?Hedge? Fund?博?对? ?担?TokenInsight? ?400?担?劣?200?担? ?参?博?博?博?担? ?担? ?担? ?担?名?担? ? TokenInsight?劣? ?功?担? ?TokenInsight?担? ?对?对? ? ?担? ?TokenInsight? ? ? Table of Contents 1?5 2? 2.1?6 2.2?8 2.3?劣?10 3? 3.1?展?

2、13 3.2?14 3.3?16 3.4?17 3.5?18 4?对? 4.1?20 4.2?21 4.3?22 4.4?对?23 4.5?对?24 5? 5.1?25 5.2?26 5.3?27 5.4?28 3 ? Table of Contents 6? 6.1?29 6.2?30 6.3?31 6.4?31 7? 7.1?32 7.2?33 7.3?34 7.4?展?34 ?35 ?37 ?38 ?38 4 5 01.? ? 1?博?劣?博? 博? 2?劣? 3?T+0?7x24?博?API?博?博?展? ?博? 4?博?博?参? ? 5?博?动?展? ?展? 6?博?导?博?名? ?

3、博?博?博? 博? 7?担?滑?劣?劣?担? ?滑? 8?担?2017?2018?担? 1,000BTC参割?100-300BTC? 9?BitMEx?OKEx?博?劣?担?博?属?Binance?Bitfinex? Huobi?博?对?博?博?BTC?担? ETH?EOS?担?参? 10?担?1020?担?担? ?担?70%?担?功?劣 ?担?功? 11?博?博?博?博? ?担?TokenInsight? ?担? 12?名?博?展? ?担?展? 6 02.? ? ?2-1?2018? ?Savills,?WGC,?CIA,?IIF,?CoinMarketCap,?WFE,TokenInsig

4、ht ? 2018?0.08%?博?6.4%? ?2-1?2018?失?5.97?2018? ?0.08%?参2019?4?12?2016?红对2015?红? ?9.96?25.07? 2.1? ?劣? ?2009?参?10? ?CoinMarketCap?2019?5?8? ?1,860?2,160?博?18,000?功? ?7%1? 1? 债券 33.26% 股票 12.00% 固定资产 39.38% 加密通证 0.08% 外汇 13.43% 黄金 1.85% 黄金 外汇 加密通证 固定资产 股票 债券 Cryptocurrency German?Bunds Dow?Jones(All?s

5、tocks) UK?Gilts Euro/yen Gold S&P?500(all?stocks) JGBs US?Agencies US$/sterling US?Treasuries 0$bn/day100$bn/day200$bn/day300$bn/day400$bn/day500$bn/day 485.0 469.0 378.0 215.0 124.7 112.5 79.2 32.0 23.3 19.0 7.2 ?2-2?2018?博?参对?博? ?glod.org,?TokenInsight 7 0 2,333 4,667 7,000 2013/12 2014/12 2015/12

6、 2016/12 2017/12 2018/12 2019/05 1858 1320 6159 179 7155103 ?2-3? ?CoinMarketCap,?TokenInsight ?2-3?2013?103?1,858? ?6?17?2017?58.8? ? 单位：亿美元 2018?对?博?72?博?6.4%? 8 2.2? ?博?博? ? ? ?/?博?对? ?参?/?/? ?参?劣?功博?属? ?博?博? ?TokenInsight?博?200?博?滑?2-4? ?滑?6?52功?/? ? ?博?T+0?7x24?博?博?2-5? ?博?博?参?博?博? ? ?2-4?博?滑?