随着 ETF 期权上线，比特币 (BTC) 创下 94,000 美元的历史新高

现货比特币交易所交易基金期权在上市第一天就成交量强劲。

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).

周二，比特币 (BTC) 价格创下历史新高 (ATH)，华尔街推出了一款新产品，即现货比特币交易所交易基金 (ETF) 的期权交易，该产品势必会提高数字货币在金融机构中的可及性。

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.

截至发稿时，领先的加密货币交易价格超过 94,000 美元，在过去 24 小时内上涨超过 4%。这打破了 11 月 13 日创下的 93,450 美元的纪录。

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%.

与此同时，CoinDesk 20（按市值计算的前 20 种加密货币的指数，不包括稳定币、memecoin 和交易所代币）上涨了约 0.3%。该指数涨幅最大的是 Hedera (HBAR)，上涨 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.

期权合约赋予投资者在预定时间以特定价格买卖资产的权利。 Genesis 前市场洞察主管 Noelle Acheson 表示，虽然 CME 已经提供了比特币期权，但现货比特币 ETF 期权对于散户参与者和金融机构来说意义重大。

“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.”

“更深层次的在岸衍生品市场将提高日益增长的市场复杂性，”艾奇逊在 Substack 上写道。 “这将增强投资者对该资产的信心，引入新的群体，同时实现更多样化的投资和交易策略。”

“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.”

艾奇逊补充道：“机构将被更大的灵活性和获得大量曝光的机会所吸引。” “期权在表达投资意见时提供了更深入的粒度，并且可以提高相对于支出的风险敞口，使它们对大型企业特别有吸引力。”

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 只美国现货比特币 ETF 中，目前只有贝莱德 (BlackRock) 的 IBIT 拥有可供选择的期权，而且需求一直很强劲。

“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 分析师埃里克·巴尔丘纳斯 (Eric Balchunas) 在 Twitter 上写道：“到目前为止，IBIT 上的期权交易量为数亿美元（第一天就达到一吨）。” Balchunas 进一步指出，绝大多数合约都是看涨期权，表明人们押注比特币的价格将继续上涨。