比特币ETF期权开始交易，开启加密货币投资新阶段

基于贝莱德 iShares 比特币信托 ETF (IBIT) 的期权今天（周二）开始交易，开启了加密货币投资的新阶段。

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.

基于贝莱德 iShares 比特币信托 ETF（纽约证券交易所代码：IBIT）的期权于周二开始交易，标志着加密货币投资的新篇章。据 CNBC 报道，该基金在纳斯达克上市后的前 60 分钟内，交易了 73,000 份合约，位列最活跃的非指数期权前 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.

期权为投资者提供了另一种途径来对冲比特币风险或推测其价格变动。纳斯达克推出的IBIT期权以其高交易量迅速引起关注。

Bitcoin ETF Options Explained

比特币 ETF 期权解释

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.

期权交易允许投资者利用比特币的波动性而无需直接拥有该资产。通过设定预定的买入或卖出价格，无论比特币价格上涨还是下跌，交易者都可以制定策略来获利。这种机制提供了现货比特币交易所不具备的风险管理水平。

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.

虽然有些人可能仍然想知道什么是比特币，谁创造了比特币，或者比特币是如何运作的，但有一点是肯定的：比特币已经改变了世界。

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

没有人可以对这种革命性的、去中心化的数字资产及其区块链技术保持无动于衷。

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.

事实上，自从佛罗里达州居民 Laszlo Hanyecz 在当地棒约翰店用 10,000 比特币换取 2 个披萨，与一家真正的公司进行了第一笔 BTC 正式商业交易以来，我们已经走了很长的路。

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.

现在有人可能会说，随着比特币价格继续飙升，达到历史新高，Hanyecz 可能还用法定货币支付披萨。

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.

今天比特币价格上涨 0.31% 至 24,183.3 美元。此前一周上涨 6.5%，今年迄今上涨 43.7%。与此同时，请关注我们的加密货币实时价格页面。

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.

随着比特币越来越受欢迎，对其 ETF 期权的需求也在增加。这些期权为散户投资者提供了管理风险和机会的结构化方式，特别是考虑到比特币价格变动的不可预测性。

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.

从历史上看，Invesco QQQ（纳斯达克股票代码：QQQ）和 SPDR S&P 500（纽约证券交易所股票代码：SPY）等热门 ETF 的期权市场的交易活动高于 ETF 本身。预计比特币 ETF 期权市场也会出现这种趋势。

Bitcoin ETFs Gain Momentum

比特币 ETF 势头强劲

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期权的推出也将进一步扩大市场上比特币ETF的范围。其他基金，如 Grayscale Bitcoin Trust (OTCPK:GBTC) 和 Bitwise Bitcoin ETF (NYSE:BITB) 等，正在等待美国证券交易委员会 (SEC) 批准开始期权交易。

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.

随着越来越多的比特币 ETF 获得批准并开始交易，这些基金的期权市场也可能大幅增长。这最终可能会导致比特币臭名昭著的价格波动减少，这可能会鼓励更加谨慎的投资者进入市场。

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，美国证券交易委员会允许 11 只交易所交易基金 (ETF) 在纽约证券交易所根据比特币现货价格列出和交易期权。今年早些时候，监管机构批准了现货比特币 ETF 来追踪加密货币的价值。此举标志着比特币和更广泛的加密货币社区的重大发展。

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.

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