21Shares?????Strategy Yield ETN:??????????????????

????:Aiying ??????????????????,???????,??????

2026?5?6?,21Shares????????????Strategy Yield ETN(??:STRC),???????????????????????,???Strategy Inc.??????????????????????11.50%?????????????????,?????????,????????????

??ETN?????????

??????:ETN?????????

????????21Shares??STRC ETN,????????????(ETN),???21Shares AG,ISIN??CH1528107811,???(GBP)??,??????????????????????,???Strategy????(MSTR),??Strategy Inc.??????Stretch??????A????????

????????????:ETN????????????,????????21Shares???,??????Strategy?????21Shares??ETN???,????STRC????????ETN?????????????????????:Strategy???????,??21Shares??ETN?????????

STRC?Stretch??????

Strategy Inc.(?MicroStrategy)?????81.8?????,????????670???,???????????????Stretch????????,?????100?????????,???????????????,??????????????????

2026???,Strategy????STRC???????55.8???,????????????????,?????????????????50????????–??,?????????????????????????Strategy??????????145???????,???????????????????

??ETN????:????????????

FCA???????????

?????ETN???????????????,???????????2021?1?,?????????(FCA)??????????,???????????????????????????????(cETN)?????????????

2025?10?8?,FCA????????,?????:??ETN???FCA??????????(RIE)??,????????????????(RMMI)?,???????????????????????2026?3?9?,?????????????(??)??2026?????????ETN?????:?2026?4?6??,??ETN????????ISA(IFISA),??????????ISA?

?????ETN????????

????????????????21Shares STRC ETN????Strategy Inc.????,????????????????????????????,?????????(???)??????ETN,??FCA????????ETN??

??????????????????????ETN,????2025?10??RMMI????????;????????????ETN,???????????????,?????????????,????RMMI???????????21Shares???????,??????????????–????????????????????????????,???????ETN????????

?????????????

???????????

???????????????Strategy?STRC????????????,???????????????,??STRC?????????Strategy??????,STRC????????????????????????,??????????????????????STRC??????????,??????????????

??,ETN?????????????21Shares??ETN???????,ETN?????????????ETF???????–ETF??????,????????????????ETN????????,????????????????????

???????????

??21Shares?????,??ETN??????(tax-deferred)???????????,ETN????????????????????????????????,??ETN??STRC????????,?????STRC?????????,?????ETN???????????????????

????,STRC??????????11.50%,?????????????????,?????ETN????????????????Stretch????????:???????????????,????????????????????,?????????????????

????????

• ?????????:???????Strategy?????????21Shares?ETN???????,??????????????????
• ??????????:?????????????ETN????,????????????????,?FCA?????????????????????????,???????
• ???????????????:Strategy????STRC???????????????????????????,??????????????????–??2026???????????????????
• ??????????:ETN?????(bid-ask spread)?????????????,???????????????????????
• ?????????:STRC????????,??????????,??????????????????????,????????????

?????

21Shares STRC ETN?Strategy?????????????????????????????,??????,?????????ETN?????????????????????????,??????????

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????:Aiying ??????????????????,???????,??????

??:Decrypt,2026-05-06|Blockonomi,2026-05-06|Strategy.com STRC????|FCA????,2025-08