比特幣（BTC）選項量在一個月內爆炸125％，標誌著市場成熟

由於比特幣的傳統重新終止預測仍在流通，因此加密貨幣女王的表現令人驚嘆：僅一個月內的期權量爆炸125％。

While traditional end-of-reign predictions for Bitcoin continued to circulate, the queen of crypto responded with a stunning performance. In just one month, options volumes on Bitcoin exploded by 125%, reaching nearly $6 billion. This surge was revealed by CCData and highlighted a deeper reality: Bitcoin is no longer merely defying expectations – it is rewriting the investor's manual.

儘管比特幣的傳統重新結束預測繼續流通，但加密貨幣女王的表現令人驚嘆。在短短一個月的時間裡，比特幣的期權量增加了125％，達到了近60億美元。 CCDATA揭示了這一激增，並強調了一個更深入的現實：比特幣不再僅僅違背了期望 - 它正在重寫投資者的手冊。

The CME, a sanctuary for institutions still largely unknown to the general public, became the stage for Bitcoin's greatest show. In January, trades on Bitcoin futures contracts amounted to nearly $220 billion – an unprecedented figure that dwarfed even gold and oil derivatives.

CME是公眾仍然在很大程度上不知道的機構的庇護所，成為比特幣最偉大的表演的舞台。一月份，比特幣期貨合約的交易總計近2200億美元，這是一個前所未有的數字，甚至使黃金和石油衍生品相形見war。

This frenzy can be attributed to the growing interest of finance giants in futures contracts, those complex bets on the future. As Glassnode reported, open interest – these pending bets – reached $58 billion, indicating that institutions are now fully integrating Bitcoin into their strategies.

這種瘋狂的人可以歸因於財務巨頭對未來的複雜賭注的日益增長的利益。正如GlassNode所報導的那樣，開放興趣（這些待定的賭注）達到了580億美元，這表明機構現在正在將比特幣完全整合到其策略中。

But the real fireworks came from options, with a 125% increase in one month. These contracts, which allow betting on specific scenarios (rise, fall, stagnation), showcase a new maturity of the market.

但是真正的煙花來自選擇，一個月內增長了125％。這些合同允許在特定方案（上升，秋季，停滯）上投注，展示了新的市場成熟度。

Traders now go beyond simply buying Bitcoin – they want to play with its multiple facets, anticipating its fluctuations and taming its volatility. It's a risky game, especially when the king of cryptos is involved. However, even the most skeptical are tempted to join the game.

現在，貿易商不僅僅是購買比特幣 - 他們想玩多個方面，預測其波動並馴服其波動性。這是一款冒險的遊戲，尤其是當加密蛋糕之王涉及時。但是，即使是最懷疑的人也很容易加入遊戲。

In the shadow of these record-breaking figures, another innovation emerged quietly: the “Bitcoin Friday” contracts from the CME. These contracts, valued at 1/50th of a Bitcoin, are designed to target individual investors, those players who have long been excluded from serious betting.

在這些破紀錄的數字的陰影下，另一項創新悄悄地出現了：CME的“比特幣星期五”合同。這些合同價值佔比特幣1/50的合同旨在針對個人投資者，那些長期以來一直被排除在認真投注之外的球員。

This move could be seen as a brilliant strategy by the CME, offering a breath of fresh air for small wallets by lowering the entry barrier. But beware: these mini-contracts could also fuel speculation among novices, presenting a double-edged sword typical of the crypto universe.

CME可以將這一舉動視為一種出色的策略，通過降低入口屏障，為小錢包提供了新鮮空氣。但是要當心：這些迷你合同也可能會在新手之間進行猜測，這是加密貨幣宇宙的典型的雙刃劍。

After November 2023 marked a turning point with the SEC's approval of Bitcoin ETFs, the machine kicked into high gear in January.

在2023年11月之後，通過SEC批准比特幣ETF的轉折點，該機器在一月份開始了高檔。

The NYSE and Nasdaq launched options on these ETFs, and BlackRock hit hard with $2 billion in exposure on the very first day. These hybrid products, part traditional and part crypto, could be the key to massive adoption.

紐約證券交易所和納斯達克（NYSE）和納斯達克（NASDAQ）在這些ETF上推出了選項，而貝萊德（Blackrock）在第一天就以20億美元的價格遭受了轟動。這些混合產品（一部分是傳統的加密產品）可能是大規模採用的關鍵。

Why? They offer pension funds or banks a “clean” way to touch Bitcoin – without having to utter the cursed word.

為什麼？他們為養老基金或銀行提供一種“乾淨”觸摸比特幣的方式 - 而不必說出被詛咒的詞。

Meanwhile, Ether, the eternal rival, saw a 13% drop in its futures volumes. A detail? Not really. This divergence underscores a stark truth: Bitcoin is no longer just another crypto. It is the digital gold standard, the only crypto asset that truly matters to institutions.

同時，以太（Ether）是永恆的競爭對手，其期貨量下降了13％。細節？並不真地。這種差異強調了一個鮮明的事實：比特幣不再只是另一個加密貨幣。它是數字黃金標準，是唯一對機構真正重要的加密資產。

When the global derivatives market fell by 19%, Bitcoin held steady, thanks to its dual identity as both a speculative asset and a safe haven.

當全球衍生品市場下跌19％時，比特幣保持穩定，這要歸功於其雙重身份作為投機性資產和避風港。