比特幣ETF選擇權開始交易，開啟加密貨幣投資新階段

基於貝萊德 iShares 比特幣信託 ETF (IBIT) 的選擇權今天（週二）開始交易，開啟了加密貨幣投資的新階段。

Options based on BlackRock's iShares Bitcoin Trust ETF (NYSE:IBIT) began trading on Tuesday, marking a new chapter in cryptocurrency investment. Within the first 60 minutes of the fund's launch on the Nasdaq, 73,000 contracts were traded, ranking among the top 20 most active nonindex options, according to CNBC.

基於貝萊德 iShares 比特幣信託 ETF（NYSE：IBIT）的選擇權於週二開始交易，標誌著加密貨幣投資的新篇章。根據 CNBC 報道，該基金在納斯達克上市後的前 60 分鐘內，交易了 73,000 份合約，位列最活躍的非指數選擇權前 20 名。

Options provide investors with an alternative avenue to either hedge their Bitcoin exposure or speculate on its price movements. The IBIT options, being launched on the Nasdaq, have quickly garnered attention with their high trading volumes.

選擇權為投資者提供了另一種途徑來對沖比特幣風險或推測其價格走勢。納斯達克推出的IBIT選擇權以其高交易量迅速引起關注。

Bitcoin ETF Options Explained

比特幣 ETF 選擇權解釋

Options trading allows investors to capitalize on Bitcoin's volatility without having to directly own the asset. By setting predetermined buy or sell prices, traders can craft strategies to profit whether Bitcoin prices rise or fall. This mechanism provides a level of risk management that is not available in spot Bitcoin trading.

期權交易允許投資者利用比特幣的波動性而無需直接擁有該資產。透過設定預定的買入或賣出價格，無論比特幣價格上漲或下跌，交易者都可以製定策略來獲利。這種機制提供了現貨比特幣交易所不具備的風險管理水準。

While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.

雖然有些人可能仍然想知道什麼是比特幣，誰創造了比特幣，或者比特幣是如何運作的，但有一點是肯定的：比特幣改變了世界。

No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.

沒有人可以對這種革命性的、去中心化的數位資產及其區塊鏈技術保持無動於衷。

In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC's first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John's.

事實上，自從佛羅裡達州居民 Laszlo Hanyecz 在當地棒約翰店用 10,000 比特幣換取 2 個披薩，與一家真正的公司進行了第一筆 BTC 正式商業交易以來，我們已經走了很長的路。

One could now argue that as Bitcoin prices continue to soar, reaching new all-time highs, Hanyecz might as well have paid for the pizzas in fiat currency.

現在有人可能會說，隨著比特幣價格繼續飆升，達到歷史新高，Hanyecz 可能還會用法定貨幣支付披薩。

Bitcoin prices today are up 0.31% to $24,183.3. This follows a 6.5% gain over the past week, and a 43.7% rise year-to-date. In the meantime, keep an eye on our cryptocurrency live prices page.

今天比特幣價格上漲 0.31% 至 24,183.3 美元。前一周上漲 6.5%，今年迄今上漲 43.7%。同時，請關注我們的加密貨幣即時價格頁面。

As Bitcoin's popularity grows, so does the demand for options on its ETFs. These options offer a structured way for retail investors to manage risk and opportunities, especially given the unpredictable nature of Bitcoin's price movements.

隨著比特幣越來越受歡迎，對其 ETF 選擇權的需求也在增加。這些選擇權為散戶投資者提供了管理風險和機會的結構化方式，特別是考慮到比特幣價格變動的不可預測性。

Historically, options markets for popular ETFs, such as the Invesco QQQ (NASDAQ:QQQ) and SPDR S&P 500 (NYSE:SPY), have seen higher trading activity than the ETFs themselves. This trend is also expected to be observed in the Bitcoin ETF options markets.

從歷史上看，Invesco QQQ（納斯達克股票代碼：QQQ）和 SPDR S&P 500（NYSE：SPY）等熱門 ETF 的選擇權市場的交易活動高於 ETF 本身。預計比特幣 ETF 選擇權市場也會出現這種趨勢。

Bitcoin ETFs Gain Momentum

比特幣 ETF 勢頭強勁

The launch of ETF options is also set to further expand the universe of Bitcoin ETFs in the market. Other funds, such as the Grayscale Bitcoin Trust (OTCPK:GBTC) and Bitwise Bitcoin ETF (NYSE:BITB), among others, are awaiting approval from the Securities and Exchange Commission (SEC) to begin options trading.

ETF選擇權的推出也將進一步擴大市場上比特幣ETF的範圍。其他基金，如 Grayscale Bitcoin Trust (OTCPK:GBTC) 和 Bitwise Bitcoin ETF (NYSE:BITB) 等，正在等待美國證券交易委員會 (SEC) 批准開始選擇權交易。

As more Bitcoin ETFs are approved and begin trading, the options markets for these funds are also likely to grow substantially. This could ultimately lead to a reduction in Bitcoin's notorious price volatility, which may encourage more cautious investors to enter the market.

隨著越來越多的比特幣 ETF 獲得批准並開始交易，這些基金的選擇市場也可能大幅成長。這最終可能會導致比特幣臭名昭著的價格波動減少，這可能會鼓勵更謹慎的投資者進入市場。

In October, the US Securities and Exchange Commission allowed 11 exchange-traded funds (ETFs) to list and trade options based on spot Bitcoin prices on the New York Stock Exchange. Early this year, the regulator approved spot Bitcoin ETFs to track the cryptocurrency’s value. The move marked a significant development for Bitcoin and the wider cryptocurrency community.

10 月，美國證券交易所允許 11 檔交易所交易基金 (ETF) 在紐約證券交易所根據比特幣現貨價格列出和交易選擇權。今年早些時候，監管機構批准了現貨比特幣 ETF 來追蹤加密貨幣的價值。此舉標誌著比特幣和更廣泛的加密貨幣社群的重大發展。

Some of the approved funds included Fidelity Wise Origin Bitcoin Fund, ARK21Shares Bitcoin ETF, Invesco Galaxy Bitcoin ETF, Grayscale Bitcoin Trust BTC, and iShares Bitcoin Trust ETF.

經批准的基金包括 Fidelity Wise Origin Bitcoin Fund、ARK21Shares Bitcoin ETF、Invesco Galaxy Bitcoin ETF、Grayscale Bitcoin Trust BTC 和 iShares Bitcoin Trust ETF。