隨著 ETF 選擇權上線，比特幣 (BTC) 創下 94,000 美元的歷史新高

現貨比特幣交易所交易基金選擇權在上市第一天就成交量強勁。

Bitcoin (BTC) price hit a new all-time high (ATH) on Tuesday as Wall Street rolled out a new product bound to increase the digital currency’s accessibility among financial institutions – options trading on spot bitcoin exchange-traded funds (ETFs).

週二，比特幣(BTC) 價格創下歷史新高(ATH)，華爾街推出了一款新產品，即現貨比特幣交易所交易基金(ETF) 的期權交易，該產品勢必會提高數位貨幣在金融機構中的可及性。

At press time, the leading crypto was trading above $94,000, up over 4% over the past 24 hours. This breaks its previous record of $93,450, set on Nov. 13.

截至發稿時，領先的加密貨幣交易價格超過 94,000 美元，在過去 24 小時內上漲超過 4%。這打破了 11 月 13 日創下的 93,450 美元的紀錄。

Meanwhile, the CoinDesk 20 – an index of the top 20 cryptocurrencies by market capitalization excluding stablecoins, memecoins, and exchange tokens – rose by about 0.3%. The index's biggest gainer was Hedera (HBAR), up 9%, while the biggest loser was Polkadot (DOT), down 0.8%.

同時，CoinDesk 20（按市值計算的前 20 種加密貨幣的指數，不包括穩定幣、memecoin 和交易所代幣）上漲了約 0.3%。該指數漲幅最大的是 Hedera (HBAR)，上漲 9%，跌幅最大的是 Polkadot (DOT)，下跌 0.8%。

Options contracts give investors the right to buy or sell an asset at a particular price and by a pre-determined time. While the CME already offers bitcoin options, the spot bitcoin ETF options are a big deal for retail participants and financial institutions, according to Noelle Acheson, former head of market insights at Genesis.

選擇權合約賦予投資者在預定時間以特定價格買賣資產的權利。 Genesis 前市場洞察主管 Noelle Acheson 表示，雖然 CME 已經提供了比特幣選擇權，但現貨比特幣 ETF 選擇權對於散戶參與者和金融機構來說意義重大。

“A deeper onshore derivatives market will enhance the growing market sophistication,” Acheson wrote on Substack. “This will reinforce investor confidence in the asset, bringing in new cohorts while enabling a greater variety of investment and trading strategies.”

「更深層的在岸衍生性商品市場將提高日益增長的市場複雜性，」艾奇遜在 Substack 上寫道。 “這將增強投資者對該資產的信心，引入新的群體，同時實現更多樣化的投資和交易策略。”

“Institutions will be attracted to the greater flexibility and access to high-volume exposure,” Acheson added. “Options offer deeper granularity in expressing an investment opinion, and can boost exposure relative to outlay, making them especially attractive to large players.”

艾奇遜補充道：“機構將被更大的靈活性和獲得大量曝光的機會所吸引。” “期權在表達投資意見時提供了更深入的粒度，並且可以提高相對於支出的風險敞口，使它們對大型企業特別有吸引力。”

Out of the eleven U.S.-based spot bitcoin ETFs, only one – BlackRock's IBIT – has options available for now, and the demand has been strong.

在 11 隻美國現貨比特幣 ETF 中，目前只有貝萊德 (BlackRock) 的 IBIT 擁有可供選擇的選擇權，而且需求一直很強勁。

“A few hundred million so far in options volume on IBIT (a ton for day one),” Bloomberg ETF analyst Eric Balchunas wrote on Twitter. Balchunas further noted that the vast majority of the contracts were calls, indicating bets that bitcoin's price will continue to rise.

彭博 ETF 分析師 Eric Balchunas 在 Twitter 上寫道：“迄今為止，IBIT 上的期權交易量為數億美元（第一天就達到一噸）。” Balchunas 進一步指出，絕大多數合約都是買權，顯示人們押注比特幣的價格將繼續上漲。